Sri Lanka Insurance honoured in gold at World Quality Commitment Awards in Paris

Friday, 11 November 2011 01:40 - - {{hitsCtrl.values.hits}}

Sri Lanka Insurance (SLIC) shone at the recently held “World Quality Commitment Awards” when the company bagged the prestigious International Gold Star Award for Quality, at the International Quality Convention in Paris, on 24 October. Convention was graced by an elite gathering of top executives in the corporate world of over 116 countries.

Sri Lanka Insurance Chairman Gamini Senarath (right), Executive Director P. Kudabalage (left) and Managing Director and CEO Mohan De Alwis (second from left) with the Gold Award for “World Quality Commitment” received from BID Executive President Prieto at the ceremony in Paris

“World Quality Commitment Award” was awarded in recognition of implementing and promoting quality culture within the organisation in terms of excellence in leadership within each designated sector, increased market share, improved results and sustainability.

Speaking on this achievement SLIC Managing Director Mohan De Alwis stated that the award was presented by an independent and internationally recognized panel of judges and is a confirmation for SLI’s high level of service standards together with a highly competitive customer oriented product range.

Sri Lanka Insurance constantly strives to maintain and develop quality management systems within a customer centric working culture and the efforts are evident in the many awards it has claimed both locally and internationally.

The most recent such achievement was received by World Finance Insurance Awards as the Best Insurance Company competing with the best in the Insurance Industry, Award for best HR systems and processes at the HRM Awards, National Best Quality Software Award, People’s award and Many Business Excellence Awards from National Chamber of Commerce.

SLIC is rated AA by the Fitch Ratings London and is the only insurer rated AAA by Ram Rating for its long term claims paying ability, and ISO: 9001 certification.

As the industry’s largest, SLIC holds Rs. 98 billion worth of assets under management, a strong capitalization of six billion, the highest life fund of Rs. 53 billion, and service network of over 122 branches countrywide.