Ceylinco Life has significantly expanded its operations in Negombo, following the opening of the Company’s latest eco-friendly branch building in this coastal city, on company-owned land.
The new building adds 7,950 square feet of floor space to Ceylinco Life’s branch in Negombo, and makes it the second largest of the Company’s branches with a total of 18,859 square feet of space. It is also the fifth building built on company-owned land in the Gampaha district, after the branches at Divulapitiya, Kadawatha and Gampaha, and the existing Negombo branch building.
The purpose-designed five-storey addition to the Negombo branch further advances Ceylinco Life’s Green agenda to increase the use of sustainable energy and conserve resources. In line with this ethos, the building is entirely powered by solar energy from a 57.2kW solar power system that reduces the consumption of electricity from the national grid. This solar power system is the second largest in the Company’s building network and the largest among all branches. In addition, the building also has the second largest rainwater harvesting facility built by Ceylinco Life, a modern sewage treatment plant that treats wastewater and recycles it for toilet flushing and gardening purposes, and the latest energy-efficient air conditioners to reduce energy consumption.
For customer and employee convenience, the new building has an elevator and a dedicated car park with 20 slots, a Cash Deposit Machine that makes it possible to deposit premiums 24 hours of the day, 365 days of the year, a new customer lounge and private discussion rooms for interacting with customers.
The expansion has also facilitated the addition of 10 new sales regions to the eight sales regions served by the branch previously. Furthermore, the building is equipped with a new training facility that can accommodate 100 people at a time, enhancing its functionality as a nucleus for Ceylinco Life operations in the area. Employees have been provided a new lunchroom with better ambience and a mini training room.
The investment of Rs 120 million by Ceylinco Life in this new building consolidates the Company’s presence in Negombo and enables it to further improve services to customers, the life insurance leader said. The Negombo branch is one of 19 Ceylinco Life branches dedicated to protecting lives in the Gampaha District through life insurance.
Ceylinco Life is in the process of constructing another Green building for its branch in Piliyandala. 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, Kadawatha, Jaffna, Malabe, Divulapitiya, and Negombo.
Ceylinco Life operates the largest network of 275 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.
Sri Lanka’s leading life insurer for more than half of the 33 years it has been in existence, and certified as a ‘Great Workplace’ in Sri Lanka by Great Place to Work®, Ceylinco Life was ranked the ‘Most Valuable Life Insurance Brand’ in Sri Lanka by Brand Finance in 2020, named the ‘Best Life Insurer in Sri Lanka’ for the seventh consecutive year by World Finance, also in 2020, and accorded an ‘Honourable Mention’ as one of the ‘Most Admired Companies in Sri Lanka’ in 2019-20 by the International Chamber of Commerce Sri Lanka (ICCSL) in collaboration with the Chartered Institute of Management Accountants (CIMA), UK.
Ceylinco Life has close to a million lives covered by active policies and is acknowledged as a benchmark in the local insurance sector for innovation, product research and development, customer service, professional development, sustainability, and corporate social responsibility.