SLIC wins Best Insurance Company award

Sri Lanka Insurance (slic)once again bagged the Best Insurance Company Award competing with the best in the insurance industry at the World Finance Insurance Awards 2010.

The World Finance Awards is organized by World Finance Magazine, a leading financial magazine, published by World News Media operating from its headquarters in London, which reports on capital markets, risk management, trading, technology, corporate governance issues and regional markets including Asia, Latin America and EMEA.

The World Finance Awards identify industry leaders, individuals, teams and organizations that benchmark achievement and best practices in the financial and business world. The World Finance Awards panel scrutinizes the nominees under a stringent criterion which also includes among many others, a company’s constant skill for innovation, originality and quality of product, as well as proof of market development and excellence in client representation. Speaking on this achievement Sri Lanka Insurance Managing Director Mohan de Alwis stated that the award was presented by an independent and internationally recognized panel of judges and this is the first time a Sri Lankan Insurance company has won a prestigious World Finance Award.

“This is another confirmation for SLIC’s strong financial stability, high level of service standards together with highly competitive product range. He further stated that the recent nationalization, emphasizes SLIC’s importance to the Sri Lankan economy as the national insurer.