Milestones

Softlogic Life

2019
September 1

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

August 1

Brand of the year 2019 at SLIM Effies 2019

2016
February 19

Unveiled USD 1 Million Health Cover. An all-time first, by a Sri Lankan Insurance Company.

2015
November 24

Winning “Gold” at the National Business Excellence Awards.

November 5

“Service Brand of the Year” – Bronze at SLIM Brand Excellence 2015.

2013
January 1

Increasing Market Share and acquiring 5th position in the local market, surpassing an industry giant.

2012
January 1

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
February 16

Acquisition of the Company by Softlogic Group, a diversified conglomerate, in strategic growth sectors.

2010
February 26

Oracle smart suit product was successfully implemented and integrated with front-end product ISYS.

2009
February 16

Life GWP hits Rs.1 Billion

2008
February 16

Deployment of the ‘Home – Grown’ Non-Life IT systems.

2007
February 18

Obtained a rating for the Company’s claim paying ability.

2006
February 16

The Company achieves the Rs. 1 Billion in Total GWP.

2005
February 18

Bonus declared for the first time to all Life Policy holders.

2003
February 18

Year of Record Profitability.

2002
February 14

The Company acquires 3% of local market share.

2001
February 24

The Brand Positions itself as a provider of tailor made insurance.

2000
January 18

Commencement of Life Operations.

January 1

Launch of the Company with Non-Life Insurance Operations