LOLC General signs MoU to promote ‘Honours’ Lifestyle Motor Insurance Product

From left: Dinuka Chandrakeerthi, Vice President - Membership Welfare of Ananda College Old Boys’ Association (ACOBA), Lal Dissanayake, Principal of Ananda College, Bimal Wijayasinghe, Executive President of ACOBA, Kithsiri Gunawardena, Group Chief Operating Officer, Director/Chief Executive Officer of LOLC General Insurance PLC, Nadika Opatha, Director/Chief Executive Officer of LOLC Life Assurance Ltd and Sanjaya Attanayaka, Head of Corporate Sales of LOLC General Insurance PLC

LOLC General Insurance PLC (LOLC GI) has entered into a Memorandum of Understanding (MoU) with the Ananda College Old Boys’ Association (ACOBA) to enable members to promote the unique, first-ever lifestyle motor insurance product, the ‘Honours’ loyalty programme.
The signing of the MoU took place recently during a press conference at the Ananda College Sath Mahala premises. Gracing the occasion were Kithsiri Gunawardena, Group Chief Operating Officer of LOLC Group and Director/Chief Executive Officer of LOLC General Insurance PLC and Bimal Wijayasinghe, Executive President of ACOBA.

The ‘Honours’loyalty programme with rich rewards is applicable for all LOLC GI motor policyholders. 
Ananda College Old Boys’ Association was established in 1908 and includes over 10,000 members. Based on the agreement, ACOBA members will be offeredLOLC GI’s new motor lifestyle loyalty programme ‘Honours’ showcasing its seamless and delightful experiences which offer real value.

The Loyalty programme is structured across four tiers with membership levels of Classic, Silver, Bronze and Platinum offering holders continuous rewards and benefits every day. All LOLC GI motor policyholders will receive valuable discounts and benefits through the loyalty partner network – Channel 17 (CH17). Members can accumulate ‘Honours’ loyalty points while transacting with any of the merchants within the network and are free to redeem points through selective partners or during their policy renewal. Additionally, ‘Honours’ enables its policyholders to donate the accumulated points to LOLC’s humanitarian programmes.
LOLC General Insurance PLC is a fully owned subsidiary of the LOLC Group.