Sanasa General Insurance among companies for Best Management Practices

Thursday, 18 April 2024 00:37 - - {{hitsCtrl.values.hits}}

Sanasa General Insurance management team at the award ceremony

Sanasa General Insurance, Sri Lanka’s leading insurance service provider, was recently honoured at the Best Management Practices Company Awards 2024. The award ceremony organised by the Institute of Chartered Professional Managers was recently held in Colombo, and it aims at recognising and public and private sector companies showcasing excellence in organisational management and leadership, leading to better management practices that bring about growth and success.

The recognition at the said award ceremony is a testament to the unwavering values, commitment and dedication of Sanasa General Insurance team to provide their customers with the best possible services. “This award is not a mere achievement; it is a powerful validation of our core beliefs and the principles that define our business as a responsible and trusted insurance service provider. This recognition serves as a catalyst to propel our organisation forward, solidifying our commitment to excellence in everything we do.” said Sanasa General Insurance Chairman Tishan Subasinghe. Sanasa General Insurance recently marked a unique milestone in their 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 had 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.