SANASA Life Insurance has officially resumed its full range of operations following the lifting of the temporary regulatory suspension imposed by the Insurance Regulatory Commission of Sri Lanka (IRCSL). This marks the start of a new phase aimed at enhancing stakeholder confidence, providing outstanding customer service, and promoting sustainable business growth. After fulfilling the regulatory conditions set by the IRCSL, the company has returned to normal operations while remaining dedicated to maintaining the highest standards of governance, regulatory compliance, and customer protection, all while striving to create long-term value for its stakeholders.
During the period of suspension, SANASA Life continued to honor valid claims and ensure uninterrupted service for its policyholders, demonstrating its steadfast commitment to customer protection and service excellence. With full insurance operations now reinstated, the company is focused on supporting its policyholders, empowering its sales team, and strengthening ties with insurance brokers, banks, financial institutions, and corporate partners. Additionally, SANASA Life aims to serve communities throughout Sri Lanka by leveraging its trusted SANASA society network.
“Today represents a significant milestone for SANASA Life as we embark on a new chapter with a revitalized focus and commitment. We extend our heartfelt gratitude to our policyholders, sales team, business partners, the SANASA movement, and all stakeholders who have patiently supported us during this time. Our priority is to strengthen relationships, enhance customer value, and foster sustainable growth, all while adhering to the values that have guided us for over thirty years,” stated Chief Executive Officer Mr. Nuwanpriya Gunawardena.
As part of its renewed growth strategy, SANASA Life will launch a series of initiatives across the country aimed at reconnecting with customers and business partners, revitalizing its distribution network, improving customer engagement, and broadening access to affordable and dependable life insurance options. The company will also enhance its communication and community engagement strategies to build trust and deepen relationships within its stakeholder network. With the robust backing of the SANASA movement and a proud legacy of over three decades, SANASA Life is dedicated to safeguarding Sri Lankan families through reliable, community-oriented life insurance solutions. With renewed confidence and a clear vision for the future, the company is well-positioned to forge stronger partnerships, create enduring value for its stakeholders, and continue to contribute to the financial security and well-being of communities across Sri Lanka.
Caption – Chief Executive Officer, Mr. Nuwanpriya Gunawardena
Financial Chronicle Biz English | Sri Lanka Business News.
