Wednesday, May 20, 2009

Happenings in Sri Lanka - on Insurance front

The latest news in Insurance domain in Sri Lanka has learnings for us.

The third largest Non Life Insurance Company in Sri Lanka – Janashakthi Insurance has had its Licence Suspended by the Insurance Board of Sri Lanka. http://www.ibsl.gov.lk/IBSL.htm. The news reports of Sri Lanka say that the reason for the same is complaints from customers that claims are not being honoured.

Janashakthi has responded and has pasted a public notice in its website asking for the confidence and continued patronage of its customers. http://www.janashakthi.com/publicnotice.htm


Customer is the king and don’t get on his wrong side.

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