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Lolc General Insurance and Stafford Motors sign Mou to provide better services

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LOLC General Insurance (LOLC GI), the fastest growing Motor Insurer of the country has announced a strategic tie-up with Stafford Motor Company (Stafford Motors), the sole agent for Honda vehicles in Sri Lanka. The two companies signed a memorandum of understanding (MOU) recently, to formalize their collaboration.

Under the agreement, LOLC GI customers who have a full insurance cover for their Honda vehicles will be able to have collision repairs done at Stafford Motors without having to pay for brand-new body parts. LOLC GI will pay the full amount without any deductions, according to the agent’s recommendation. This ensures customers get access to high quality and genuine body parts at no additional cost.

The collaboration between LOLC GI and Stafford Motors will also enable customers to access quality repairs and services without any hassle and delays to get their vehicles back. Additionally, LOLC GI customers are entitled to a 10% discount on vehicle grooming services and a 10% on labour, and a 12% on parts discount for general repairs and services.

Speaking at the signing ceremony, officials from both companies expressed their enthusiasm about the partnership. “We are thrilled to be partnering with Stafford Motors,” said Kithsiri Gunawardena, Director/CEO of LOLC General Insurance. He also mentioned; “this partnership will undoubtedly be beneficial for the vehicle owners providing easy access to quality repair services and generous discounts. Honda customers can now enjoy a hassle-free experience when it comes to collision repairs and general maintenance services. We are confident that this partnership will be a success”.

Commenting on the tie-up, the Executive Director, Stafford Motors, Tarindra Kaluperuma said, “We are delighted to have partnered with LOLC GI to offer our customers the best services and benefits available. With this agreement, we aim to make the lives of our customers more convenient and hassle-free while providing them with peace of mind”.

Furthermore, Stafford Motors customers will be offered LOLC GI’s new Motor lifestyle loyalty program, ‘Honours’. The program offers valuable discounts and benefits to LOLC GI Motor Policyholders through the loyalty partner network – Channel 17 (CH17). Members can accumulate ‘Honours’ loyalty points while transacting with any of the merchants within the network and can donate the accumulated points to LOLC’s humanitarian programmes.

LOLC General Insurance PLC is a fully owned subsidiary of the LOLC Group, among Sri Lanka’s largest and most diversified conglomerates, with operations in 23 countries in Asia, Africa and Australia. Reaffirming its people-centric approaches demonstrated during the past few years, LOLC General has received multiple awards including for ‘Best General Insurance Company of the Year’ at the Emerging Asia Insurance Awards 2021, Asia’s Best Employer Brand Awards 2021, and was also ranked amongst the Top Nation’s Most Popular Service Providers by LMD in 2021 and 2022.



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AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024

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The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.

AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.

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Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness

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Kotaro Katsuki, Ambassador for the Embassy of Japan

In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.

The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.

“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.

Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,

Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.

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HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024

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HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.

The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.

“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”

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