LOLC Life Assurance and LOLC General Insurance clinch Asia’s Best Employer Brand Awards 2021

LOLC Life Assurance Limited and LOLC General Insurance Limited, two of the fast growing insurance companies in Sri Lanka, were recognised for its profound commitment to its staff at the recent Asia’s Best Employer Brand Awards 2021, organised by the World HRD Congress in partnership with CMO Asia. 

Asia’s Best Employer Brand Awards 2021 is the 12th edition of the event and this year’s event was hosted virtually from Taj Lands End Hotel, Mumbai, due to the COVID-19 restrictions. 

More than 100 brands from over 20 countries in Asia compete for this coveted award each year. This year, LOLC Life and LOLC General Insurance were two of the six Sri Lankan companies that emerged as winners under stringent competition criteria.  

Speaking on the achievement, LOLC Life Assurance Chief Executive Officer Nadika Opatha said, “As a company that has been in existence for less than 10 years, we are indeed honoured to have been selected for this prestigious award. Last year was a challenging year not just in Sri Lanka but the world over, yet the engagement that we had with our own staff and with our customers have really proven strong in a world body recognising our efforts. Employee success and well-being are key priorities at LOLC Life Assurance as it is for the entire LOLC group. There were many engagement programmes conducted, not only to our own staff but to our community as well. Most importantly, I take this opportunity to thank our staff who worked tirelessly at getting this recognition.

This award is a true testament that our efforts in human resources management is progressing in the right direction and we are truly honoured by this recognition. We will continue with our efforts to uplift the lives of our people - our most important and strongest asset of all.” 

LOLC General Insurance Chief Executive Officer Kithsiri Gunawardena commented, “We are honoured and delighted to receive this prestigious award. Attracting, grooming and retaining talent is a key focus area and our human resource strategy has worked well for us over the years, making LOLC General Insurance one of the most desirable places to work with opportunities for personal and professional development. Recently introduced people practices has resulted in greater employee engagement and the service to our customers has improved tremendously, which has resulted in greater performances and reaching many milestones in this short period of time. We are also extremely proud to be the only two Sri Lankan insurance companies to be recognised this year at the Asia’s Best Employer Brand Awards and the youngest Sri Lankan insurance company to have been recognised in this category through the years.”