Insurance Brokers Association holds AGM | Sunday Observer

Insurance Brokers Association holds AGM

Council for 2019/2020 : Seated (from left): Chintana Goonetilleke (Treasurer), Sunil Siyasena (Vice President), Nalin Dharmasinghe (President), Nandalal Jayawardene (Secretary), Pritha J. Fernando (IPP). Standing from left: Sujeewa Vidanapathirana, Charith Mahendrarajah, Chandana Ariyadasa, and Ranjith Samarakoon.
Council for 2019/2020 : Seated (from left): Chintana Goonetilleke (Treasurer), Sunil Siyasena (Vice President), Nalin Dharmasinghe (President), Nandalal Jayawardene (Secretary), Pritha J. Fernando (IPP). Standing from left: Sujeewa Vidanapathirana, Charith Mahendrarajah, Chandana Ariyadasa, and Ranjith Samarakoon.

The Sri Lanka Insurance Brokers Association (SLIBA) the main body representing Insurance broking professionals in Sri Lanka, held its 32nd Annual General Meeting at OPA auditorium recently.

Nalin Dharmasinghe was appointed president for 2019/2020. Since its formation in 1987 SLIBA has been a driving force in the insurance industry and its senior office bearers were instrumental in partnering with internationally renowned insurance and reinsurance brokers such as Marsh, Willies and AON to introduce best Insurance broking practices with the blessings of SLIBA enabling the internationally recognised insurers and reinsurers to enter the Sri Lankan market.

The Insurance Board of Sri Lanka granted approval in October 2001 to the Sri Lanka Insurance Brokers Association to function as an approved association of Insurance Brokers in terms of Section 79 of the Regulation of Insurance Industry Act.

Since 2001, SLIBA has been a driving force for change in the Sri Lankan insurance broking industry. It has worked very closely with IRCSL & IASL and supported certain regulatory reforms preserving the rights of Insurance Broking community and also encouraged higher educational standards for insurance brokers through SLII and other educational providers and introduced a strong, independently administered code of practice for members. 

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