Insurance for the Living from Arpico Insurance

Arpico Insurance PLC was incorporated as a Public Limited Company in 2011, and received the license as a Life Insurer in the same year by the Insurance Board of Sri Lanka primarily providing life insurances. The company reached a GWP of Rs. 100 Mn within the first year of its commercial operations.

It was the Group Chairman, Dr. Sena Yaddehige’s visionary leadership thinking that made the group venture into the insurance business in 2011. He saw life insurance as a social need and had the objective of offering an affordable insurance solution for Sri Lankans with living benefits, and making it accessible to a wider audience through a network of branches. With his guid- ance Arpico Insurance PLC has performed successfully in the insurance business and has been awarded outstanding titles.

The company completed the year 2016 on a high note, record- ing a GWP of Rs. 740Mn and with a profit of Rs. 107 Mn, which is a growth of 56% and 328% respec- tively. Having triumphantly completed its first five years in the industry, Arpico Insurance has won the award for the ‘ Fastest Growing Life Insurance Company in Sri Lanka for 2017’ in its sixth year of operations.

Arpico Insurance PLC has 33 branches at the moment and will expand its network up to 45 branches by March 2018. The company offers wide range of products to the customers including Arpico Endowment plan, Arpico Term Assurance plan, Arpico Education plan, Ar p i c o Hospitalisation plan, Arpico Investment plan, Arpico Group Assurance plan, Arpico Loan Protection plan and the Privilege Customer Insurance Scheme.