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Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
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Home Business

Ceylinco Life rewards the superstars of its 20th successive year at the top

April 3, 2024
in Business
Reading Time: 12 mins read
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Ceylinco Life rewards the superstars of its 20th successive year at the top
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Recognises record 302 MDRT qualifiers of 2023, presents three cars and 82 overseas tours to top achievers

Ceylinco Life has celebrated two decades of market leadership in Sri Lanka with a pledge to strive for another decade at the helm of the country’s life insurance industry.

The covenant was enthusiastically adopted at a scintillating annual awards event at Waters Edge recently, at which 523 top performers of the Company were rewarded with 580 awards, which included three company-maintained cars, 82 overseas tours and a host of other prizes and trophies, for their contributions to Ceylinco Life’s growth in 2023.

The awards gala and dinner saw the recognition of a record 302 members of the Ceylinco Life sales force who qualified for the Million Dollar Round Table (MDRT) in 2023, and 405 top sales professionals who met the Company’s criterion to be designated ‘High Flyers.’ The highlight of the event was the presentation of vehicles to the three top achievers of the year, S. Govintharaju of the Colombo North 11 branch, C. A. R. Upasena of the Matara 5 branch and W. K. M. C. Wickramasinghe of the Naththandiya 4 branch.

The Chief Guest at the event was Mr. Srinivasa Rao, Managing Director (Life and Health) at Munich Re – South East Asia and South Asia.

Addressing the event, Ceylinco Life Managing Director and CEO Mr Thushara Ranasinghe attributed a great emphasis on discipline and a unique company culture to Ceylinco Life’s consistency and 20 unbroken years of market leadership, pointing out that the Company has maintained an average annual growth rate of around 12% in Gross Written Premium from 2004 to 2023, in the midst the many different challenges of that period.

The top award winners at this year’s annual awards were Best Regional Sales Manager – Ms. J. Meera of the Colombo Region, Best Veteran Life Insurance Advisor – Mr J. M. D. Deep Ranjan, Best Veteran Unit Head – Mr R. P. Edirisinghe, and Best Veteran Head of Branch – Mr A. S. Samarasinghe, of the Nugegoda branch.

Adjudged Sri Lanka’s Brand of the Year for the second successive year in 2023, Ceylinco Life was named one of the 10 Most Admired Companies in Sri Lanka in 2023 by the International Chamber of Commerce Sri Lanka (ICCSL) in collaboration with the Chartered Institute of Management Accountants (CIMA), and was ranked the ‘Most Valuable Insurance Brand in Sri Lanka’ across both life and general insurance categories in 2023 by Brand Finance.

Ceylinco Life has been the country’s leading life insurer for 20 of the 36 years it has been in existence and provides innovative life insurance solutions which offer protection while de-risking the goals and ambitions of the Company’s policyholders.

Photo caption:

Ceylinco Life’s Best Branch Head, Best Unit Head and Best Life Insurance Advisor receive their awards at the event.

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