Ceylinco Insurance was placed in the 9th position amongst the nation’s Most Respected and Admired Corporates for the year 2021 and thus becomes the Most Respected Insurer in Sri Lanka for yet another year.
This was announced by the LMD magazine in its 17th annual edition of the nation’s Most Respected and Admired Entities. Ceylinco Insurance PLC comprises of the two dominant insurers in the country, Ceylinco General Insurance Ltd and Ceylinco Life Insurance Ltd. Both, Ceylinco General Insurance and Ceylinco Life Insurance maintain their supremacy as market leaders in General and Life insurance respectively. Moving up three overall positions from the previous year, Ceylinco Insurance is placed in the 4th position in HR and People Management and in the 5th position in Quality Consciousness, Management Profile, Corporate Culture and Vision in the attributes rankings. Ceylinco Insurance is also placed amongst the top ten in 10 of the 12 attribute rankings. Based on a survey conducted by LMD together with Nielsen – it covers a well-informed sample of 800 senior managers of listed companies.
Ajith Gunawardena, Executive Chairman and Chief Executive Officer of Ceylinco Insurance PLC said, “We are proud and also humbled to be amongst the nation’s top corporates and express our gratitude to each and every one for nominating us. As a corporate entity that believes in offering innovative and customer-friendly solutions, our continuous search for excellence in customer service and commitment has enabled us to become a powerhouse of innovation and creativity, where pioneering ideas are born and given expression to become fully-fledged products and services that enhance people’s lives. Your recognition encourages us and now we are even more committed to offer innovative and customer -centric products and services to the people of the nation. Some of our innovative products have reached the grassroots level and their benefits have been reaped by people who would have never thought of getting insurance if it were not offered through channels close to the masses of this country.”
Rajkumar Renganathan, Chairman of Ceylinco Life said: “A core precept at Ceylinco Life is that respect, like trust must be earned, nurtured and built on through our actions. Seventeen consecutive years of market leadership in an industry that is heavily dependent on trust attests to the fact that Ceylinco Life has lived by this credo. As the largest life insurance company is Sri Lanka, Ceylinco Life is de-risking the future of millions of people – our policyholders and their families – and has never compromised on its mission or its core values. We not only honour every legitimate claim, we do so quickly and unobtrusively. Our generous and longstanding commitments to the community in the areas of education and health have also endeared us to, and earned the respect of Sri Lankans from all walks of life. Additionally, our persistent efforts to promote professionalism in the industry has helped change the perception of the life insurance salesperson and also contributed to the respect we have earned.”
Patrick Alwis, Chairman /Chief Executive Officer of Ceylinco General commented, “The Ceylinco VIP brand is synonymous with customer-centricity and this accolade reflects the value we infuse for customers. Our Company is founded on these principles and we remain committed to delivering industry-best insurance solutions to cater to every need of customers from all walks of life.”
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