About Us

Our History

The First Registered Insurance Broker licensed by the Insurance Regulatory Commission of Sri Lanka in December 1987 and has been carrying-on Risk Transfer Insurance Solutions since September 1979. Our Company’s continued maintenance of a high level of Professionalism was formally recognized by the Chartered Insurance Institute of London when awarded the “Corporate Chartered Insurance Broker” status, the Gold standard in the Insurance Industry and the first in South Asia and up to date the only Insurance Broker carrying this distinction in Sri Lanka. Our portfolio consists largely of Corporates, reflecting the confidence placed in us as a Professional Insurance Broker to provide Insurance Services for Clients relating to the Placement of Risks at the optimal terms and Best Prices, Risk Management Advice, Reinsurance Placements, Claims Advice and Fee-based Consultancy.

Our Team consists of 40 members having knowledge and experience both locally and internationally, in all classes of Insurance, Risk and Claims Management, backed-up with Academic and Professional qualifications from the Chartered Insurance Institute of London, the Insurance Institute of India, the Australian & New Zealand Institute of Insurance & Finance, the Sri Lanka Insurance Institute and Microsoft – USA. First and the only company to be investigated by Lloyds of London and appointed in 1988 as a “Cover Holder” and as “Lloyds Correspondents”.

SIB is the Sri Lankan partner for the Worldwide Broker Network (WBN); The largest fully integrated network of independent Property & Casualty Insurance Brokers. We collaborate with all Insurance Companies registered in Sri Lanka and have access to International Insurance providers through our trusted overseas (Re)Insurance Brokerage Partners.

Our Vision

To be a world-class insurance intermediary providing tailor-made risk transfer solutions for corporate and personal protection needs.

To be the most Professional Insurance Broker providing outstanding Insurance Solutions and delivering benchmark services to all our clients, whilst providing our employees with the best working environment and adding value to society

Our Values

Ethical

We value and apply the highest ethical and professional standards in everything we do. We value and hold sacred our reputation for integrity and honesty and we will continuously work to ensure that every employee continually earns and protects our reputation.

Teamwork

We are committed to a common vision, mission and shared goals. We recognize and appreciate the contributions of each individual member of the team, depending on one another, pulling together and sharing knowledge. We aim to create a sense of belongingness and we take pride in our achievements.

Integrity

We will be open and honest, delivering on our promise and keeping commitments and taking personal responsibility for the things we say and do. We will be admired as a trusted partner and provider of innovative solutions for helping our customers achieve financial prosperity and peace of mind.

Excellence

We are passionate about becoming the unrivalled industry leader in service excellence. We will constantly strive to improve in order to meet and exceed the highest expectations of our stakeholders.

Nurturing

We will develop our greatest resource and asset; our people, in providing excellent service to our customers and we value the diversity of skill, talent and experience that they possess. We cultivate an environment that offers employees the opportunity for growth and advancement.

Achievements

We are the only insurance broking company in Sri Lanka as well as in South Asia to be recognized and awarded with the prestigious “Corporate Chartered Insurance Broker” status by the Chartered Insurance Institute of the U.K. This is the industry’s Gold Standard for Insurance Brokers and conforms that the company has satisfied rigorous qualification criteria by retaining highly qualified staff, who subscribe to the membership conditions of the Chartered Insurance Institute. The Chartered Insurance Institute is empowered by the Privy Council to award Chartered Status and such award is bestowed only in highly deserving cases. In other words, whilst Chartered titles are steeped in history, these remain the benchmark of professional excellence and integrity