LOLC General Insurance and LOLC Life Assurance operate under the wing of Sri Lanka’s iconic diversified financial conglomerate LOLC recently expanded their operations to Wellawaya, Higurakgoda and Horana.
This is in line with the expansion drive that the two companies commenced last year to reach out to more customers and to offer superior personalised service.
The new LOLC General and LOLC Life branches were inaugurated at Tissa Road, Wellawaya, Airport Road, Hingurakgoda and Panadura Road, Horana.
Speaking about the latest expansions, LOLC General Insurance CEO Kithsiri Gunawardena said, “We are extremely excited for the opportunity to grow and serve in the fast-emerging cities of Wellawaya, Higurakgoda and Horana. We look forward to serving these communities to our fullest potential. These new locations are conveniently situated and are staffed by a team of experienced insurance professionals”.
LOLC General and LOLC Life Insurance envisage aggressively expand their nationwide reach by establishing approximately 70 dedicated service points, penetrating new regions during the 2021 financial year. During the 3rd quarter of 2020, LOLC Insurance opened over 15 new branches.
The two Insurance Companies look forward to spreading their wings to strategically selected overseas markets as well in the year ahead. Both entities have already acquired the license to operate in Cambodia and the operations are scheduled to commence in 2021.
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