Sanasa Life Insurance proudly celebrates 20th anniversary

Friday, 13 October 2023 00:37 - - {{hitsCtrl.values.hits}}

Sanasa Life Insurance Company Ltd, recently celebrated its 20th anniversary under the patronage of Sanasa Founder, Dr. Wishwa Prasadini, P.A. Kiriwandeniya.

All Sanasa branches participated in the event, telecast live online. In addition, many other programs were organised at branch level, throughout the country.

“We have accomplished many landmark achievements in Sri Lanka’s insurance sector in a short period of time, and we are going to reach victory in the near future. It is noteworthy that two new insurance plans named ‘Sihina’ and ‘Dirimaga’ were introduced today to mark our 20th anniversary. I would like to thank our clients who have trusted Sanasa Life Insurance for 20 years and all the employees from the top management who have served with great dedication,” said Sanasa Life Insurance Chief Executive Officer, Ivan Nicholas.

A program named ‘Ahethuka Vipas Awarana’ aimed at providing relief in accidents faced by the villagers was launched in October, 1991 with the establishment of the All-Lanka Mutual Assurance Organisation. Sanasa Life Insurance, which was established with a monthly charge as little as Rs. 5-20 acquired licence for life insurance and general insurance in 2003 and 2005, respectively.

Currently, it is ranked at 7th place in the insurance industry with a growth rate of 90% reported in the second quarter of 2023, according to data from the Insurance Association of Sri Lanka (IASL).

Sanasa Life Insurance has earlier bagged several awards such as, for the ‘Fastest growing insurance company in Sri Lanka’, the ‘Most sustainable micro insurance company’, and the ‘Sustainable brand of the year’.