Orient Insurance ventures into Sri Lanka

Orient Insurance will be a leading player in the general insurance sector in Sri Lanka providing customer centric solutions said Orient Insurance Ltd., Chief Executive Deepthi Lokuarachchi.

He said that Orient Insurance is well poised to be a strong player and that is why the Al-Futtaim Group has invested in Sri Lanka.

We hope to launch operations in the North and the East shortly and expand our segment of business in the country.

Orient Insurance, a wholly-owned subsidiary of Arab Orient Insurance PSC was launched. Licensed by the Insurance Board of Sri Lanka, Orient Insurance will function in the general insurance sector with insurance classes of motor, marine, property, liability, medical and all other classes coming within the general insurance classification. Drawing from the strengths of Arab Orient Insurance, the holder of the coveted title UAE Insurer of the Year 2012 (Awarded by the MENA Insurance Review), Orient Insurance would offer their clients personalised service at an affordable cost.

Al-Futtaim Group Vice Chairman, Omer Al Futtaim, said that the company has identified Sri Lanka with immense growth potential.

At Arab Orient Insurance we believe in upholding our core values of integrity, service and social responsibility and we aim to provide the Sri Lankan market with innovative risk solutions within a professional culture.

The company will offer corporate and individual customers risk solutions; creating more innovation in the industry and bringing Orient Insurance on par with international standards, said hi Lokuarachchi. Orient Insurance Sri Lanka. Associated Motorways is the sister company of Orient Insurance.

With over 60 years of experience in motor industry, AMWs local understanding of the automobile industry and network of

outlets will enable Orient Insurance to understand and have an edge in the motor insurance needs for the local market.

- LF