Janashakthi Life records Rs. 6.6 bn GWP in 2024 marking 43% growth

Janashakthi Life has achieved an outstanding Rs. 6.6 billion in Gross Written Premiums (GWP) for the year 2024, marking an exceptional 43 percent growth compared to the previous year. 

This impressive milestone underscores the company’s strong market presence, customer trust and relentless commitment to excellence.

Speaking on the company’s achievement, Ravi Liyanage, Director/CEO of Janashakthi Insurance PLC said, “This record-breaking achievement is not just a testament to our financial growth, but a clear reflection of our strategic focus on innovation, technology, and customer-centricity. 

At Janashakthi Life, we have always believed in going beyond traditional boundaries to create value for our customers. Our sales team’s dedication, combined with the seamless integration of cutting-edge digital solutions, has enabled us to redefine the insurance experience. 

Launching the ‘Janashakthi Heart Guard’ as an entirely online insurance product is a significant step in this journey, making it easier and more convenient for customers to access financial security without agent involvement. We are proud to offer such innovations that cater to the evolving needs of today’s digital-savvy customers.

However, none of this would have been possible without the trust and confidence of our loyal policyholders. Their belief in us drives our continuous efforts to provide personalized solutions that are tailored to meet their unique needs. We are deeply grateful for their unwavering support, which has played a pivotal role in our success.

As we continue to grow, we remain dedicated to setting new benchmarks in the insurance industry, with a clear focus on delivering the best customer experiences and fostering long-term relationships.”

Janashakthi Life’s focus on providing personalized, customer-centric solutions has strengthened its reputation as a trusted partner in financial security. The company’s impressive growth reaffirms its vision of uplifting lives and empowering dreams through comprehensive life insurance coverage.

“We remain dedicated to continuously evolving to meet our customers’ needs, and this achievement is only the beginning of an exciting journey toward even greater accomplishments,” added Liyanage.

The company’s success in 2024 marks a new chapter in its growth trajectory, positioning Janashakthi Life to further expand its offerings and solidify its position as a leader in Sri Lanka’s insurance sector.