Sanasa Insurance Company Limited [SICL] is a service support organization, established to serve members of Sanasa societies and other community based organizations [CBOs] in Sri Lanka.
The term Sanasa is the Sinhala acronym for a Thrift, Credit and Cooperative Society [TCCS]. It is also used to denote the entire movement of 8400 TCCS covering about three million beneficiaries (society members and members of their families) to the extent of 15% of the total population in the country. Sanasa Insurance Company operates insurance business in all areas in Sri Lanka including the Northern and Eastern provinces that are cleared now from war situations. In harness with a cooperative network of large number of Sanasa Societies located across Sri Lanka, SICL has greater potential & capacity to look after the risk management aspects of the rural masses of Sri Lanka. Hence it mainly focuses on providing micro insurance services to members of Sanasa societies and other CBOs that are located mainly in the rural sector.
The term Sanasa is the Sinhala acronym for a Thrift, Credit and Cooperative Society [TCCS]. It is also used to denote the entire movement of 8400 TCCS covering about three million beneficiaries (society members and members of their families) to the extent of 15% of the total population in the country. Sanasa Insurance Company operates insurance business in all areas in Sri Lanka including the Northern and Eastern provinces that are cleared now from war situations. In harness with a cooperative network of large number of Sanasa Societies located across Sri Lanka, SICL has greater potential & capacity to look after the risk management aspects of the rural masses of Sri Lanka. Hence it mainly focuses on providing micro insurance services to members of Sanasa societies and other CBOs that are located mainly in the rural sector.
