Sanasa General Insurance achieves record growth of 53% in 2023

Monday, 18 March 2024 00:35 - - {{hitsCtrl.values.hits}}

Chairman Tishan Subasinghe, Managing Director Indika Kiriwandeniya, Chief Operating Officer Wasantha Perera, Assistant General Manager Dilan Gunarathna

Sanasa General Insurance Company, Sri Lanka’s leading insurance service provider, marked a unique milestone in its history by achieving a record growth rate of 53% in 2023 and becoming the highest growing insurance company in the country.

Considering the insurance categories, Sanasa General Insurance has achieved a 90% growth in the fire and engineering insurance sector, a 315% growth in the medical insurance sector, a 42% growth in the non-motor insurance sector, and a 56% growth in the motor insurance sector in 2023 compared to the year 2022.

“I would like to express my sincere gratitude to all our team members who have significantly contributed to this record growth, and to our valuable customers who have always trusted us. We at Sanasa General Insurance expect to take this growth forward and provide a satisfactory service to our customers,” said Sanasa General Insurance Chairman Tishan Subhasinghe.

“Being able to record the highest growth rate in the sector by surpassing many leading insurance companies in the country is a significant achievement for us. We hope to achieve even higher financial performance by further consolidating customers’ trust in us in the future,” said Chief Executive Officer Indika Kiriwandeniya.

“The insurance schemes with high benefits and friendliness, convenience and efficient service that we offer to our customers when processing insurance claims has been a strong support for our growth,” said Chief Operating Officer Wasantha Perera.

“Prioritising and understanding customers’ needs, and planning and introducing the best insurance schemes was a strong reason for this record growth,” said Assistant General Manager Dilan Gunaratne.