Ceylinco Life opens its newest Green branch in Malabe

Posted On 21 Jan 2020
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Ceylinco Life Chairman Mr R. Renganathan and Managing Director Mr Thushara Ranasinghe (top, extreme left and second left) at the opening of the new Green branch at Malabe (below).

Ceylinco Life Chairman Mr R. Renganathan and Managing Director Mr Thushara Ranasinghe (top, extreme left and second left) at the opening of the new Green branch at Malabe (below).

Ceylinco Life began 2020 on a Green note with the opening of a purpose-designed environment-friendly building in Malabe from which the Company’s Malabe, Battaramulla and Kaduwela branches will henceforth operate.

The new three-storey edifice is the Company’s 26th eco-friendly building and is located in No. 388/4, Kaduwela Road, Malabe. Built over the course of a year, this 6,400 square foot office adheres to environment-friendly specifications adopted by the Company for all new branches on owned land.

Features that make this a green building include being powered entirely by a 20kW solar power system that results in zero consumption of electricity from the national grid, and having its own rainwater harvesting facility.

The building is also designed for optimal use of natural light and minimum consumption of pipe-borne water, and is equipped with the latest energy-efficient lighting and air conditioning systems. The construction minimised the use of timber, the Company said, and a number of new trees were planted in the vicinity.

An investment of Rs 60.8 million, the building will function as an office for the branches in the Malabe area. With ample dedicated parking bays for visitors, it is designed to enhance customer convenience.

In September last year, Ceylinco Life opened its 25th green building at Kanathiddy Road, Jaffna. Extending to 17,290 square feet, this was the Company’s 2nd largest construction.

Ceylinco Life currently owns the buildings housing its offices in Anuradhapura, Trincomalee, Jaffna, Batticaloa, Kandy, Kalutara, Kurunegala, Gampaha, Galle, Matara, Tissamaharama, Negombo, Ratnapura, Kotahena, Mount Lavinia and Wellawatte, many of which have already been converted to solar energy. New branch buildings purpose-built to the company’s sustainable energy model are those at Horana, Panadura, Wennappuwa, Bandarawela, Chilaw, Kadawatha, Jaffna, and now Malabe. More Green branches are under construction in Divulapitiya, Negombo and Nelliady.

Ceylinco Life operates the largest network of 250 plus branches in Sri Lanka’s life insurance industry, giving it a physical presence in 142 cities, towns and villages in every one of the island’s 25 districts.

The market leader in Sri Lanka’s life insurance industry for 16 of the 32 years it has been in operation, Ceylinco Life has close to a million lives covered by active policies and is acknowledged as a benchmark in the local insurance industry for innovation, product research and development, customer service, professional development and corporate social responsibility.

Ceylinco Life was adjudged Sri Lanka’s most valuable life insurance brand by Brand Finance in 2019, ranked among the 10 ‘Most Admired Companies’ in the country by the ICCSL this year, named the Best Life Insurer in Sri Lanka for the sixth consecutive year in 2019 by World Finance, and has also been declared the most popular life insurance company in the country for the past 13 years by SLIM-Nielsen.

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