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Ceylinco Life Chairman Mr R. Renganathan accompanied by the Company’s directors unveils the plaque at the new branch building in Matugama

Ceylinco Life goes Green in Matugama with latest company-owned property

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Ceylinco Life has invested in the acquisition and renovation of a building in Matugama, to provide this scenic locality in the Kalutara District with an eco-friendly branch that complies with the specifications of the life insurance leader’s flagship Green branches.

The new branch at 143, Nabada Road, Matugama is the 32nd branch to function in a company-owned building, and the fourth of its kind in the Kalutara District, the Company said.

The renovation and modification of the building provides 1,800 square feet of space for planet-friendly operation, with a 10kW on-grid solar power system and a 5kW off-grid battery backup power system that minimise consumption of electricity from, and supplies excess electricity to, the national grid. It is also equipped with the latest energy-efficient lighting and air conditioning systems, and has been re-designed for optimal use of natural light. The use of timber was minimised in the renovation and new trees were planted in the premises.

For customer convenience, the new branch has dedicated car parking slots, a spacious customer lounge, and personal discussion rooms.

Among the Ceylinco Life owned branch buildings are those 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. Among the new branch buildings purpose-built to the company’s sustainable energy model are those at Horana, Panadura, Wennappuwa, Bandarawela, Chilaw, Kadawatha, Jaffna, Malabe, Divulapitiya, Negombo, Nelliady, Piliyandala and Ja-Ela, and the Company is in the process of constructing a Green building for its branch in Minuwangoda.

Ceylinco Life operates the largest network of 256 branches in Sri Lanka’s life insurance industry, giving it a physical presence in 132 cities, towns, and villages in 24 districts.

Adjudged Sri Lanka’s ‘Brand of the Year’ and ‘Service Brand of the Year’ by the Sri Lanka Institute of Marketing (SLIM) and ‘Best Life Insurer in Sri Lanka’ by World Finance for the ninth consecutive year in 2022, Ceylinco Life was conferred the ‘Peoples Life Insurance Service Provider of the Year’ title at 2023 SLIM Kantar Peoples Awards for the 17th consecutive year, and was recently named one of the 10 Most Admired Companies in Sri Lanka. Ceylinco Life has been the country’s leading life insurer for more than half of the 35 years it has been in existence. The Company was also ranked the ‘Most Valuable Insurance Brand in Sri Lanka’ across both life and general insurance categories by Brand Finance in 2023 and certified a ‘Great Workplace’ in Sri Lanka for the third consecutive year in 2022. Ceylinco Life has close to a million lives covered by active policies and provides innovative life insurance solutions which offer protection while de-risking the goals and ambitions of the Company’s policyholders.