Our journey began in October 1981, when a group of 14 members gathered at a private residence with a common interest - to build an educational platform that represents the insurance industry in Sri Lanka and formulate a suitable constitution that served to regulate member activities. This two-fold strategy soon grew to fruition in February 1982, when the first-ever inaugural meeting was conducted, following months of successful preliminary work. Today, we are an active body, supporting the unified effort to develop the insurance industry in Sri Lanka. Our objective is to operate as a central organization that would strive in enhancing the efficiency, progress and general development amongst personnel engaged or employed in insurance.
Driven by an enduring commitment to enhance the scope of insurance in Sri Lanka, we have forged several affiliations over the years with recognized international bodies, including The Chartered Insurance Institute of London and the Insurance Institute of India to offer a broad range of recognized qualifications at Certificate, Diploma and Advanced Diploma levels. In partnering with distinguished educational entities, we pursue professional excellence, along with the continuous support of the IRCSL as well as Registered insurance companies and broker organizations in the country.
To enhance professionalism in the practice of insurance in Sri Lanka, and develop the necessary human resources in insurance and other related financial services.
About The Institute
The Sri Lanka Insurance Institute is the only educational body for those in the local insurance field. It was established in 1981 to enhance professionalism in the practice of insurance in Sri Lanka and develop the necessary human resources in insurance and other related financial services. Over the years the institute has been governed by various councils and now comprises of 11 dynamic individuals from the field of insurance. The institute was established to fulfill the need to create and autonomous educational body devoted to enhancing the standards of the insurance field in Sri Lanka.
The institute conducts examinations for the Chartered Insurance Institute and Insurance Institute of India in addition to conducting local examinations.
The certificate, Diploma and Associate examinations are held for The Chartered Insurance Institute twice a year and Licentiate, Associate and Fellowship examinations for the Indian Insurance Institute bi-annually. Local examinations held for the award of certificates are namely Insurance Foundation Certificate and Certificate in Insurance Practice. We have recently begun to conduct classes for the CII (Award) – Award in Financial Planning.
At the institute we also conduct examinations on behalf of the local governing body, according to the standards set out by them to ensure that proper standards are maintained in the local industry in the area of sales.
We currently have a membership base of around 2500 approximately, which includes honorary members & ordinary members.
COUNCIL OF THE YEAR 2019 – 2020
Mr Anushka Jayasinghe (Treasurer), Mr Mahendra Wilegoda (Secretary), Mr Lasitha Wimalaratne (President), Mr Sithumina Jayasundera (Vice President), Mr Prasanna Welagedara (Asst. Secretary).
Mrs Kusum Thenuwara (Council Member), Ms Lachini Chithrasena (Council Member), Mr Rumesh Moderage (Council Member), Mr Sameera Dharmasena (Council Member), Mr Chandima Sumanatunga (Council Member), Mrs Kaumalee Ameradiwakara (Council Member).
Mr Udeni Kiridena