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Softlogic Life wins best “AI Initiative of the Year” at 2025 Asia Insurance Awards

November 20, 2025

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Daily FT

SOFTLOGIC Life was awarded the most topical and prestigious ‘AI Initiative of the Year’ award at the 29th Asia Insurance Industry Awards (AIIA) 2025, becoming the only Sri Lankan insurer to win at this year’s prestigious regional event.

Softlogic Life wins best “AI Initiative of the Year” at 2025 Asia Insurance Awards

The award recognises the company’s groundbreaking use of Artificial Intelligence (AI) to transform one of the industry’s most time-consuming processes, claims settlement positioning Softlogic Life among Asia’s most innovative and technologically advanced insurers. The award was from a shortlist of Finalists that comprised Softlogic Life Insurance PLC, AIA Group, Nan Shan Life Insurance Co Ltd. The Company was also a Finalist for the “Digital Insurer of the Year” award where the list comprised Softlogic Life Insurance PLC, Go Digit General Insurance Ltd., Bajaj Allianz General Insurance Company Ltd., (BAGIC).

Hosted by Asia Insurance Review, the AIIA is widely regarded as the region’s most prestigious recognition of excellence across the insurance value chain. The 2025 edition attracted over 200 entries from top insurers and reinsurers across Asia, including AIA Group, Prudential Vietnam, Allianz Malaysia, Nan Shan Life Taiwan, and New China Life Insurance, competing across 17 categories. All entries were assessed by an esteemed international judging panel of senior leaders and digital transformation experts from organisations including Swiss Re, Munich Re, AXA, AIA Global, Sun Life, and Insurtech Australia, ensuring that each accolade reflected genuine innovation and leadership shaping the future of insurance in Asia.

المزيد من القصص من Daily FT

Daily FT

Sri Lanka's PPP, SOE reforms ambitious and transformative - Deloitte

SRI Lanka's draft law on public-private partnerships (PPPs) and the restructuring of state-owned enterprises (SOEs), led by the unbundling of the Ceylon Electricity Board (CEB), represent ambitious reforms that could transform the role of private capital in infrastructure and capital projects sector, Deloitte partners said in Colombo.

time to read

4 mins

November 20, 2025

Daily FT

Daily FT

Nations Trust WNPS monthly lecture today explores climate change and Al

JUSTICE Shiranee Tilakawardane will today deliver the Nations Trust WNPS monthly lecture on’Climate Change and Artifical Intelligence (AI): How Sustainable is AI?”at 6 p.m. at the Jasmine Hall, Bandaranaike Memorial International Conference Hall (BMICH).

time to read

1 mins

November 20, 2025

Daily FT

Daily FT

Level playing field for Maize: Securing future of poultry industry

A policy perspective on competitiveness, food security and sustainable growth

time to read

4 mins

November 20, 2025

Daily FT

SLAASMB flags persistent gaps in financial reporting compliance in 2024

THE Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB) has reported that while overall compliance with Sri Lanka Accounting Standards (LKAS) remained broadly stable in 2024, nearly half of the financial statements reviewed required improvements, underscoring ongoing weaknesses in disclosure quality and accounting judgments across sectors.

time to read

2 mins

November 20, 2025

Daily FT

NCPC SRI LANKA CELEBRATES THE OUTSTANDING ACHIEVEMENTS OF LOCAL INDUSTRIES AT THE NATIONAL CLEANER PRODUCTION AWARDS 2025

The National Cleaner Production Awards 2025 concluded on a distinguished note on 06th November 2025 at the Cinnamon Lakeside, Colombo with the presence of over 325 guests representing diverse regions and industrial sectors of Sri Lanka.

time to read

1 mins

November 20, 2025

Daily FT

Tourism Minister confident of highestever arrivals in 2025

FOREIGN Affairs, Foreign Employment and Tourism Minister Vijitha Herath yesterday expressed strong confidence that Sri Lanka will record its highest-ever tourist arrivals this year, buoyed by sustained market momentum and a sharp revival in key source markets.

time to read

1 min

November 20, 2025

Daily FT

Daily FT

Softlogic Life wins best “AI Initiative of the Year” at 2025 Asia Insurance Awards

SOFTLOGIC Life was awarded the most topical and prestigious ‘AI Initiative of the Year’ award at the 29th Asia Insurance Industry Awards (AIIA) 2025, becoming the only Sri Lankan insurer to win at this year’s prestigious regional event.

time to read

3 mins

November 20, 2025

Daily FT

Lankem Rs. 1.2 b Rights Issue oversubscribed

LANKEM Ceylon PLC said its 1:3 Rights Issue of over 17.1 million shares at Rs. 70 each has been oversubscribed.

time to read

1 min

November 20, 2025

Daily FT

Daily FT

Shan Meemanage receives distinguished fellowship from Chartered Institute of Marketing UK

DUTCH Trails Chairman Shan Meemanage, has been awarded the prestigious Fellowship (FCIM) from the Chartered Institute of Marketing (CIM), United Kingdom—one of the world’s most respected professional bodies for marketers.

time to read

1 min

November 20, 2025

Daily FT

Daily FT

Village within city: Nuga Gama reopens at Cinnamon Grand Colombo

UNDER the shade of the majestic 200-year-old Banyan tree, Nuga Gama at Cinnamon Grand Colombo has officially relaunched on 12 November 2025, celebrating the spirit of Sri Lanka's village life and its rich cultural heritage.

time to read

1 mins

November 20, 2025

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