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 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 the 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 the insurance servicing capabilities, the partnership aims to create a more seamless experience for the 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.
PLC, a leading non-banking financial institution, offers a comprehensive range of leasing, loans, fixed deposit and savings, gold loan and other financial services with an islandwide 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.
