Assetline Insurance Brokers (Private) Limited (AIBL), the insurance services arm of the David Pieris Group, has entered into a strategic partnership with People’s Leasing and Finance PLC (PLC) to strengthen insurance servicing and enhance the customer experience across PLC’s insurance portfolio.
The partnership brings together the expertise of AIBL, the second-largest insurance broker in Sri Lanka and People’s Leasing and Finance PLC, a prominent leasing and financial services provider and a subsidiary of People’s Bank.
Through this collaboration, AIBL will support the servicing of insurance requirements associated with PLC’s portfolio through a structured and technology-enabled operating model. The partnership is expected to streamline insurance-related processes while providing greater efficiency, convenience and improved service to PLC customers.
The collaboration reflects the commitment of both organisations to continuously enhance their service offerings by leveraging technology, industry expertise and efficient operating processes. By strengthening insurance servicing capabilities, the partnership aims to create a more seamless experience for customers while supporting the evolving requirements of the financial services sector.
For AIBL, the partnership further strengthens its position as a trusted insurance intermediary and reflects its commitment to delivering value-added insurance solutions through strong corporate partnerships.
As part of the David Pieris Group, AIBL continues to focus on building strategic relationships that enhance its capabilities and contribute to a more efficient and customer-focused insurance ecosystem.
People’s Leasing & Finance PLC (PLC), is a leading non-banking financial institution, offers a comprehensive range of Leasing, Loans, Fixed Deposit & Savings, Gold Loan and other financial services with an island-wide branch network and a strong reputation for trust, innovation, and customer-centric solutions. The Company’s diversified business model, supported by six subsidiaries: People’s Insurance, People’s Micro-Commerce, People’s Leasing Fleet Management Ltd, People’s Leasing Property Development Ltd, People’s Leasing Havelock Properties Ltd. and Alliance Finance PLC – Bangladesh, further bolsters its market leadership and long-term growth potential.
The partnership with People’s Leasing and Finance PLC marks another significant step towards strengthening collaboration within Sri Lanka’s financial and insurance sectors, while creating greater value and convenience for customers.
Photo Caption
Mr. Dhanika De Silva, Chairman of Assetline Insurance Brokers (Private) Limited (AIBL), and Mr. Sanjeewa Bandaranayake, Chief Executive Officer/General Manager of Peoples Leasing & Finance PLC, exchanging the partnership agreement. Also present at the occasion were Mr. Nihal Handunge, Managing Director/CEO/Principal Officer of Assetline Insurance Brokers (Private) Limited; Mr. Mahesh De Alwis, Executive Director; Mr. Anuradha Hettige, Chief Operating Officer; Mr. Yohan Nawaratne, Manager MIS & Marketing Communications. Mr. Ranil Perera; DGM/ Head of Operations of Peoples Leasing & Finance PLC, Mr. Nalin De Silva; AGM Recoveries, Mr. Roshantha Fernando; Deputy Manager Centralized Insurance Department; Ms. Adeesha Dissanakaye; Manager Legal (Commercial)
