Ceylinco Life’s presence in Jaffna is to be further strengthened even as the life insurance leader advances its “Green Branches” agenda with the construction of a purpose-designed four storey building in Nelliady.
Ceylinco Life Chairman Mr R. Renganathan and Managing Director Mr Thushara Ranasinghe were joined by directors of the Company last week at the laying of the foundation stone for the new eco-friendly 8,500 square-foot edifice at No. 293, Point Pedro Road, Nelliady.
Another five-storey building providing 20,000 square feet of purpose-designed office space is currently under construction at No 37, Kanathiddy Road, Jaffna and will be Ceylinco Life’s second building at that particular location.
The new branch building at Nelliady is designed for optimal use of natural light and is entirely solar powered. It is to be equipped with the latest energy-efficient lighting and air conditioning systems and will have its own rainwater harvesting facility.
To be built to the eco-friendly specifications adopted by Ceylinco Life for all new branches on company-owned land, the Nelliady branch will have its own car park and a multi-function room that can be used for training up to 30 people at a time, the Company said. It is to be completed in 12 months.
Ceylinco Life already has branch offices in Achchuvely, Chavakachcheri, Chunnakam, Manipay, and Nelliady in the Jaffna peninsula.
The Company owns the buildings housing its offices in Anuradhapura, Trincomalee, Jaffna, Batticaloa, Kandy, Kalutara, Kurunegala, Gampaha, Galle, Matara, Tissamaharama, Negombo, Ratnapura, Kotahena, Mount Lavinia and Wellawatte, many of which have been converted to solar energy. New branch buildings purpose-built to the company’s sustainable energy model are those at Horana, Panadura, Wennappuwa, Bandarawela, Chilaw and Kadawatha. Another Green branch is under construction in Malabe.
Ceylinco Life operates the largest network of 250 plus branches in Sri Lanka’s life insurance industry, giving it a physical presence in 142 cities, towns and villages in every one of the island’s 25 districts.
Adjudged Sri Lanka’s Best Life Insurer in 2018 for the fifth consecutive year by World Finance, and the most popular life insurance company in the country for 13 consecutive years by SLIM-Nielsen, Ceylinco Life has been the market leader in Sri Lanka’s life insurance industry for 15 of the 31 years it has been in operation. The Company has close to a million lives covered by active policies and is acknowledged as a benchmark in the local insurance industry for innovation, product research and development, customer service, professional development and corporate social responsibility.