Ceylinco Life has begun work on a substantial expansion of the Company’s branch in Negombo, which will, on completion, add more space and facilities and convert the entire complex into an eco-friendly operation.
The existing building will be transformed in to a purpose-designed five storey edifice that complies with life insurance leader’s ‘Green Agenda’ to promote use of sustainable energy and conserve resources.
The expansion will add 7,950 sq. ft. of space, an elevator and a new customer lounge, and the building will be entirely powered by solar energy, reducing consumption of electricity from the national power grid. A rainwater harvesting facility will allow the building to become more self-sufficient and environment-friendly, the Company said.
The expansion will facilitate the addition of nine new sales regions to the eight sales regions served by the existing building. The building will also be equipped with a new training facility that can accommodate 100 people and enhance its functionality as a nucleus for Ceylinco Life operations in the area.
All new buildings on land owned by Ceylinco Life are designed and built to an eco-friendly model. The Company currently 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 already 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. More Green branches are under construction in Malabe, Jaffna and Divulapitiya.
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 most valuable life insurance brand by Brand Finance in 2019 and named the Best Life Insurer in 2018 for the fifth consecutive year by World Finance, Ceylinco Life has been declared the most popular life insurance company in the country for 13 consecutive years by SLIM-Nielsen. 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.