Sonali Life wins South Asian Business Excellence Award

Press release: Sonali Life Insurance Company Limited has strengthened its reputation as one of the region’s fastest-rising insurers by receiving top honour at the South Asian Business Excellence Awards for the fifth year in a row. The ceremony held on Thursday (27 Nov) in Colombo, Sri Lanka, celebrated leading corporate performers across diverse sectors in South Asia, with Sonali Life emerging as one of the standout winners.

At this year’s event, the company received recognition in four competitive categories, reflecting its growing influence across both government and private insurance markets. The awards acknowledged Sonali Life’s leadership in providing comprehensive and reliable insurance services, its advancement in sustainable insurance solutions and its execution of exceptional claim management practices. Collectively, the honour emphasises the company’s commitment to operational excellence, technological innovation and customer-focused service delivery.

Business Partner AGM Md. Mizanur Rahman, Branch Manager Md. Obaidur Rahman Mondol, and Jasim accepted the awards on behalf of Sonali Life while they were visiting Sri Lanka on personal travel. Their presence ensured the company remained represented at one of the region’s most outstanding corporate award platforms.

Sonali Life’s consistency at the South Asian Business Excellence Awards has become a defining marker of its upward trajectory. Over the past four years, the company won two awards in 2021, four in 2022, five in 2023 and four in 2024, showcasing a pattern of sustained excellence. Its international recognition also expanded significantly in 2022, when it secured multiple global honours including the Summit Expo and COIE Award, the Commonwealth Business Excellence Award, the Emerging Asia Insurance Award and the RTV Insurance Award.

The company officials expressed optimism that the regional accolades will further strengthen the company’s market presence and catalyse new benchmarks in customer service and insurance innovation. With its latest achievement, Sonali Life aims to accelerate its mission of broadening economic safeguard coverage and setting higher standards in the country’s insurance landscape.