Milestones
Softlogic Life
2023
Recorded highest ever GWP of Rs 26 Bn Introduction of unit linked product
- Recorded highest ever GWP of Rs 26 Bn
- Introduction of unit linked product
2022
Ranked as the 2nd largest entity in the Life Insurance Industry Recorded Highest ever PBT of Rs. 4 Bn
2021
Launches “Dollar Saver” Sri Lanka’s first foreign currency insurance solution. Winning the trust of over 2 Mn Customers Fastest to reach 20 Bn GWP in Sri Lankan Insurance Industry
2020
Ranked 3rd largest entity in the Life Insurance Industry USD 30Mn (LKR 5.6Bn) invested towards Softlogic Life’s growth by Finnfund, NorFund and Munich Re.“Leapfrog Investments” increase its investment to 38% stake by taking ownership from DEG.
2019
Softlogic Life positioned as the 4th largest entity in the Life Insurance industry. Softlogic Life made it to the Forbes Asia’s “Best Under A Billion 2019” list
Softlogic Life positioned as the 4th largest entity in the Life Insurance industry. Softlogic Life made it to the Forbes Asia’s “Best Under A Billion 2019” list
Becomes the only Sri Lankan company listed in Forbes 200 best companies under one billion dollars for 2019
Becomes the only Sri Lankan company listed in 200 best companies under one billion dollars for 2019
Brand of the year 2019 at SLIM Effies 2019
2016
Unveiled USD 1 Million Health Cover. An all-time first, by a Sri Lankan Insurance Company.
2015
Winning “Gold” at the National Business Excellence Awards.
“Service Brand of the Year” – Bronze at SLIM Brand Excellence 2015.
2013
Increasing Market Share and acquiring 5th position in the local market, surpassing an industry giant.
2012
Acquisition of shares by ‘AAA’ rated Development Financial Institutions, DEG – DEUTSCHE INVESTITIONS- UND ENTWICKLUNGSGESELLSCHAFT MBH of Germany and FMO – NEDERLANDSE FINANCIERINGS-MAATSCHAPPIJ VOOR ONTWIKKELINGSLANDEN N.V. of Netherlands.
2011
Acquisition of the Company by Softlogic Group, a diversified conglomerate, in strategic growth sectors.
2010
Oracle smart suit product was successfully implemented and integrated with front-end product ISYS.
2009
Life GWP hits Rs.1 Billion
2008
Deployment of the ‘Home – Grown’ Non-Life IT systems.
2007
Obtained a rating for the Company’s claim paying ability.
2006
The Company achieves the Rs. 1 Billion in Total GWP.
2005
Bonus declared for the first time to all Life Policy holders.
2003
Year of Record Profitability.
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