Delmege Insurance Brokers Ltd Secures the Number One position in Insurance Brokering Business

November, 27, 2024

Delmege Insurance Brokers Ltd, a trailblazer in the insurance brokerage sector, has proudly achieved the coveted position of being the highest ranked company in the Overall Insurance Brokering Business according to the Global and local Insurance Outlook 2023 published by the Insurance Regulatory Commission of Sri Lanka. This remarkable milestone underscores the company's commitment to excellence, innovation, and customer-centric solutions in a highly competitive industry.

The Company achieved 4.8% market share in the Long-Term Insurance Business and the number 1 position in General Insurance Business with a Market share of 8.2 % culminating in a resultant 7.9% market share or the highest ranked Company overcoming 75 other leading companies in the industry.

The number one ranking is a testament to the trust and confidence that clients have placed in the company, as well as its unwavering focus on delivering value-driven outcomes.

Commenting on this achievement, Mr. Chathura Kehelpannala Deputy General Manager Sales and Operations Delmege Insurance Brokers said:

“This accolade comes at a pivotal time when the general insurance sector is witnessing rapid growth and increasing demand for innovative solutions. Delmege Insurance Brokers continues to pioneer, in providing bespoke insurance services, leveraging cutting-edge technology, and nurturing strong relationships with leading insurers.”

Renowned for its personalized service and comprehensive risk management strategies, Delmege Insurance Brokers has consistently delivered tailored insurance solutions to meet diverse client needs. Delmege Insurance is the only broker in Sri Lanka who has employed the expertise of an Independent Risk Engineer who undertakes a complimentary Conclusive Independent Study of the company’s Property and Operations, evaluating the possible precautions and coverage options that have not been currently implemented which plays a crucial part in the claim settlement process.

Speaking on this achievement, Mr. Prasanna Welagedara Director/ CEO of Delmege Insurance Brokers Ltd, stated:
"This accomplishment reflects our dedication to serving our clients with integrity, expertise, and professionalism. It is also a tribute to our dynamic team, whose relentless efforts have positioned us as a leader in the industry. We are immensely proud to have set this benchmark and remain committed to setting even higher standards in the future."

Commenting on the achievement Ms. Dinusha Bhaskaran Managing Director Vallibel One/Managing Director Delmege Ltd stated

Achieving the number One position in Insurance Brokering is a monumental milestone for our company and a reflection of the trust our clients place in us. This accomplishment is the result of our team's unwavering dedication to excellence, our commitment to understanding and addressing client needs, and our ability to deliver innovative and tailored solutions in a rapidly evolving industry. We are immensely proud of this recognition and remain focused on driving growth and delivering exceptional value to our clients and partners."

The company expresses its gratitude to its loyal clients, trusted partners, and dedicated employees for their invaluable support, which has been instrumental in achieving this outstanding recognition.

As Delmege Insurance Brokers Ltd celebrates this milestone, it remains focused on its mission to redefine the standards of excellence in the insurance industry, paving the way for continued success and leadership.

For more information about Delmege Insurance Brokers Ltd and their services, visit www.delmege.com

About Delmege Insurance Brokers Ltd:
Delmege Insurance Brokers Ltd is a leading name in the insurance brokerage industry of Sri Lanka, offering a wide range of solutions across general, life, and specialized insurance. With decades of expertise and a customer-centric approach, the company is dedicated to safeguarding the future of individuals and businesses alike.

The current focus of the Company is the corporate sector for both general and life insurance and we are the leaders in this facet of service. Our Head Office is located in the heart of Colombo, making it very convenient for our customers to conduct business.

The Company has a vision to become the most sought-after internationally recognized professional intermediary in Sri Lanka. Moving in this direction, Delmege Insurance Brokers offers total end-to-end solutions managing the entire insurance portfolio subsequent to a Risk Management process of its clients on an outsourced basis.
We are also the correspondent for AON for Sri Lanka and Maldives. Aon plc is a leading global professional services firm providing a broad range of Risk, Insurance, and Reinsurance solutions. Aon has approximately 50,000 employees across 120 countries.