AIA Insurance Lanka Limited: Best Life Insurance Company Sri Lanka 2022

AIA Insurance Lanka — a part of the largest independent, publicly listed life insurance group in the Asia-Pacific region — delivers on a promise to help clients lead healthier, longer, better lives. It offers inflation-fighting pension schemes and smart savings plans. AIA’s healthcare ecosystem is complemented by telemedicine consultations, online fitness classes and exclusive member discounts. AIA Insurance Lanka has been serving the island for more than three decades and has established an expansive distribution network including 100 branch offices and 4,000 wealth planners. The company is credited with numerous pioneering achievements in Sri Lanka. It was at the vanguard of bancassurance and now works with leading banks to expand distribution. AIA Insurance Lanka is leading the industry’s digital transformation with cloud-based processing, automation, digital signatures and data analytics. AIA Sri Lanka’s strongly capitalised shareholder’s equity — LKR 19.8 billion as at the end 2021 — gave the company the strength and stability to withstand any risks while continuing to honour customer commitments. Its high-quality portfolio and prudent investment strategy helps to maintain a solid fiscal footing. CSR initiatives in 2022 included donations to underprivileged children and elders, donations to the SL Cancer Society and Alzheimer’s Foundation, educational scholarships, community safety programmes and foster-parenting programmes. AIA Insurance Lanka has been recognised in numerous awards programmes over the years — and the CFI.co judging panel adds to the accolades with the 2022 award for Best Life Insurance Company (Sri Lanka).