About Us
Who We Are
Our Story
The Insurance Association of Sri Lanka (IASL), established in 1989 by five major insurers including Sri Lanka Insurance Corporation and Union Assurance, now represents 28 registered companies. Its Executive Committee, consisting of all insurance CEOs, meets monthly to discuss key industry matters, supported by subcommittees promoting collaboration and best practice sharing.
Our Sub Committess
General Insurance Forum (GIF)
Life Insurance Forum (LIF)
Legal Advisory Forum (LAF)
Finance Technical Sub Committee (FTSC)
Marketing and Sales Forum (MSF)
IT Sub Committee (ITSC)
Human Resource Sub Committee (HRSC)
Actuarial Sub Committee (ASC)
What Drives Us Forward
Our Objectives
At IASL, we strive to empower individuals and communities through innovation, education, and inclusive growth. Our objectives span from fostering research excellence, promoting sustainable development, to nurturing partnerships that uplift society.
Uniting Insurers
Bring together all insurers to create a unified platform for meaningful consultation and cooperation in matters affecting common interests, member welfare, and the insuring public's overall benefit.
Ethical Excellence
Promote and maintain uniform sound practices alongside high ethical standards throughout the industry to develop and strengthen confidence among the insuring public and stakeholders.
Insurance Awareness
Create widespread awareness and understanding regarding the critical need and substantial value of insurance protection through education and outreach initiatives.
Global Best Practices
Review and examine insurance practices globally, then adopt the most effective best practices applicable to the Sri Lankan market.
Regulatory Advocacy
Monitor legislative and regulatory requirements and make timely representations to authorities to ensure stability and growth in the insurance industry.
Professional Development
Foster continuous professional growth through training, workshops, and knowledge-sharing initiatives.
About the Association
The Insurance Association of Sri Lanka (IASL) was formed in 1989 with the two states insurance corporations and the three private insurance companies then operated in Sri Lanka namely Sri Lanka Insurance Corporation, National Insurance Corporation, Ceylinco Insurance Company Ltd, CTC Eagle Insurance Company and Union Assurance Limited joining hands.
Today the IASL has grown into a vibrant body, encompassing the 28 registered insurance companies in Sri Lanka.
The Executive Committee of the IASL comprises all CEOs of insurance companies and meets on a monthly basis as per a fixed agenda covering significant matters and new developments pertaining to the industry.
