Business
SANASA Life inaugurates 96th branch
SANASA Life PLC recently inaugurated its 96th location in Sri Lanka, adding the hub of Kuliyapitiya, to its growing Island wide network. Located at No. 352 Madampe Road, Kuliyapitiya, the new branch of SANASA Life Insurance was declared open amidst an official opening ceremony, which was attended by senior members of the Company’s management team, & the founder of SANASA Life Insurance,
Dr. P A Kiriwandeniya, who is also the founder and visionary leader of the SANASA Movement – a network of cooperative societies that focuses on community development and economic empowerment through financial services and social enterprise.
Speaking at the occasion, Dr. Kiriwandeniya said, “SANASA Life has captured the hearts of every Sri Lankans because SANASA always thinks about the people’s problems and focuses on solving those problems. Kuliyapitiya is a major hub for rural communities in the Kurunegala district and is home to a vibrant community, which we look forward to serving.”
SANASA Life provides a variety of products under various categories, including Universal Life, Endowment Plans, Whole Life, Loan Protection, Term Assurance and Pension plans. While providing the full gamut of life insurance fit for the modern age, the Company also retains its focus on its rural and middle- and low-income demographics, which it strives to provide with flexible options that cater to their particular aspirations.
Established in 2003, SANASA Life PLC is part of the SANASA movement and is a leading insurance company born out of the understanding that rural populations too must have access to insurance protection. Since then, the Company’s scope and purpose have expanded, as it has grown into an world-class provider of insurance in Sri Lanka with a truly local understanding. SANASA Life Insurance has received numerous accolades, including the Certificate of Excellence for product innovation in General Insurance in 2018, presented by the Indian Chamber of Commerce and the Certificate of Compliance for Reporting Standards in 2019, presented by the Association of Chartered Accountants of Sri Lanka.
SANASA Life’s primary goal is to align its organizational objectives with the needs of its customers and continue to serve its growing customer base by providing tailor-made and customized insurance products to those in the lower and middle-income socioeconomic groups in Sri Lanka. Additionally, the company has contributed to community development, religious and cultural harmony, and environmental conservation through various projects. SANASA Life Insurance strives to mitigate risks, improve living conditions, and secure economic development for its customers while always maintaining an exceptionally understanding customer experience.
Business
AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024
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.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
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.
Business
HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024
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.”