Sanasa General Insurance Company (SGIC) has entered into a strategic partnership with PMF Finance PLC to provide comprehensive insurance services to PMF Finance’s leasing customers. The related Memorandum of Understanding (MOU) was recently signed by Sanasa General Insurance Chairman Mr. Tishan H. Subasinghe and PMF Finance Designated CEO Professor Ajith Medis .The Occasion was honored by PMF finance Chairman Mr. Chandula Abeywickrama, marking a significant milestone in business innovation for both companies. Under this partnership, PMF Finance will integrate Sanasa General Insurance as its official insurance partner. This collaboration will benefit customers throughout PMF Finance’s island-wide branch network, including its virtual branches. Sanasa General Insurance will offer specialised and competitive insurance premiums tailored specifically for PMF Finance’s leasing customers. Initially focusing on vehicle insurance schemes, the partnership is expected to be expanded into other types of insurance services in the near future.
“We are delighted to partner with PMF Finance to bring innovative insurance solutions to a wider customer base. This collaboration aligns with our goal to serve all levels of markets and provide affordable and reliable insurance coverage across the country. With this partnership, we can leverage our strengths to deliver exceptional value and service to the community.” said Mr. Subasinghe. Sanasa General Insurance has over 30 years of experience as an insurer dedicated to serving Sri Lanka’s underserved markets. Since its rebranding and strategic shift, the Company has established itself as a prominent player in the insurance industry. The Company has demonstrated remarkable and continuous growth every year. PMF Finance PLC, previously known as People’s Merchant Finance, brings 40 years of expertise in Sri Lanka’s banking, finance, and leasing industries. The company is currently undergoing a transformational journey to renew, revitalize, and reposition its business paradigms to unlock uncharted potential.