SLIC and ACIPL lead charge in SL’s Electric Vehicle revolution

Sri Lanka Insurance (SLIC) has entered in to a strategic collaboration with Auto Capital Investment (Pvt) Ltd (ACIPL) to provide comprehensive motor vehicle insurance cover along with a warranty cover for five years for brand new electric vehicles imported by ACIPL.

The Memorandum of Understanding (MoU) exchange took place recently at the SLICchead office in the presence of Dilum Rathnayaka - Co. Founder/Director Chief Executive Officer of ACIPL and SLIC - Priyantha Perera – Chief Operating Officer – General Insurance, Sarath Fernando - Deputy General Manager – Claims - – General Insurance, Ms. Nadira Gunawardhana – Assistant General Manager-Underwriting General Insurance, Mahesh Gamage – Assistant General Manager - Marketing and Corporate Business – General Insurance, Ms. Varuni Nonis - Senior Manager - Motor Underwriting, Mahen Gunawardena - Senior Assistant Manager -Motor Underwriting, Miyuru Rajapakshe - Branch Manager, Ms. Ireha Mediwake Wethasinghe - Portfolio Manager, Dantha de Silva - Branch Manager and Priyantha Peiris - Senior Manager.

Electric cars are becoming increasingly popular in Sri Lanka as they offer a number of benefits over traditional fuel-powered vehicles. These benefits include cost savings, efficiency, and environmental friendliness. Also for a sustainable future countries need to move from traditional practices to more sustainable options. It will be a positive trend to see more electric-driven cars coming into the market and as responsible organisations companies need to take necessary steps to support such causes.