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Innovative Partnership: Sri Lanka Insurance Corporation Collaborates with ACIPL to Lead the Charge in Sri Lanka’s Electric Vehicle Revolution

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19thSeptember 2023, Colombo:Sri Lanka Insurance – the national insurer entered in to a strategic collaboration with Auto Capital Investment (Private) Limited (ACIPL) recently. The main objective of this partnership is to provide an exclusive comprehensive motor vehicle insurance cover along with a warranty cover for 5 years for brand new electric vehicles imported by ACIPL.

The Memorandum of Understanding (MoU) exchange took place on the 17th of August at Sri Lanka Insurance head office in the presence of Mr. Dilum Rathnayaka – Co. Founder/Director Chief Executive Officer of Auto Capital Investment (Private) Limited and from Sri Lanka Insurance Mr. Priyantha Perera – Chief Operating Officer – General Insurance, Mr.Sarath Fernando – Deputy General Manager –Claims – – General Insurance, Ms. Nadira Gunawardhana – Assistant General Manager – Underwriting- General Insurance, Mr. Mahesh Gamage – Assistant General Manager- Marketing and Corporate Business – General Insurance, Ms. Varuni Nonis – Senior Manager – Motor Underwriting, Mr. Mahen Gunawardena – Senior Assistant Manager-Motor Underwriting,MiyuruRajapakshe – Branch Manager, Ms. Ireha Mediwake Wethasinghe – Portfolio Manager, Mr. Dantha de Silva – Branch Manager and Mr. Priyantha Peiris – Senior Manager.

This comprehensive insurance cover and the warranty cover is offered only for electric-driven cars, double cabs and sports utility vehicles imported by ACIPL under the permit scheme. This special insurance plan covers accidental damages and extended warranty up to 5 years from the manufacturing year. Additional covers such as flood cover, riot and civil commotion cover etc. can be added to the cover at an additional premium.

Electric cars are becoming increasingly popular in Sri Lanka as they offer a number of benefits over traditional gas-powered vehicles. These benefits include cost savings, efficiency, and environmental friendliness. Also for a sustainable future countries need to move from traditional practices to more sustainable options. It will be a positive trend to see more electrical driven cars coming in to the market and as responsible orgnasiations companies need to take necessary steps to support such causes. Sri Lanka Insurance as a pioneer in the industry always makes the first move to support sustainable business. Furthermore, driving its vision of providing ‘Insurance for all’, SLIC continues to tap in to new markets and cater to the unique needs of the customers. Therefore, to encourage customers using electric-driven vehicles and importers Sri Lanka Insurance came forward to introduce a special Insurance plan for electric vehicle owners.

More information on this special Motor Insurance cover can be obtained from SLIC 24/7 hotline 011 2 357 357.

About SLIC

Established in 1962, Sri Lanka Insurance Corporation celebrates over 60 years of excellence as the largest government-owned insurance company in Sri Lanka, with a managed asset base of over Rs. 274 billion and a Life fund of Rs. 156.7 billion, the largest in the local insurance industry. The only insurer to secure Fitch Ratings A (lka) rating for its long-term financial stability and sustainability and also Sri Lanka Insurance ranked as the ‘Most Valuable General Insurance Brand’, ‘Most Loved Insurance Brand’ for the 6th consecutive year in the country by Brand Finance. The national insurer is on a mission of being a customer-focused company that constantly innovates in providing insurance services to customers and is now serving customers through an extensive network of over 190 branches and customer service locations.

The post Innovative Partnership: Sri Lanka Insurance Corporation Collaborates with ACIPL to Lead the Charge in Sri Lanka’s Electric Vehicle Revolution appeared first on DailyNews.

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