“Co-Operative Insurance has yet again delivered a strong year of financial performance the past year with revenue (Gross Written Premium) of Rs. Co-Operative Insurance also notes that its contribution to increasing insurance penetration in the country has increased during the period in review with 916,682 policies issued by CICL. Established in 1999 with the aim of taking the concept of insurance beyond the borders of urban and suburban Sri Lanka, Co-Operative Insurance operates the third largest branch network amongst all local insurance company today. 1 billion in 2015, an undertaking Co-Operative Insurance lead with the creation of its subsidiaries Co-Operative Insurance Company and Cooplife Insurance – a historic benchmark within the organization. Co-Operative Insurance also lead the establishment of the country’s first training academy installed by an insurance company for its over 1500 employees, naming it the Coopinsu Training Academy.

Source: The Nation August 16, 2021 15:33 UTC