IRCSL Compliant · Sinhala & Tamil Support · LKR Native · NITF Integrated
Kaito-NEXUS Sri Lanka
The Complete ERP for Sri Lanka Insurance Intermediaries
Purpose-built for Sri Lankan insurance brokers and agents — IRCSL-compliant, multi-product, LKR-native ERP for both retail and corporate insurance. Full platform capabilities available now; direct Sri Lankan insurer API integrations on immediate roadmap.
🇱🇰 IRCSL · Insurance Regulatory Commission of Sri Lanka
🏛️ Insurance Industry Act No. 43 of 2000
💰 LKR · Sri Lankan Rupee
🔄 NITF · National Insurance Trust Fund
🌊 Marine & Indian Ocean Cargo
🌿 Agri & Plantation Insurance
🏥 Group Health
🚗 Motor Fleet
🏢 Property & Fire
⚓ Marine & Cargo
🏗️ Engineering
🌿 Agri & Plantation
✈️ Travel Insurance
🔒 Cyber & Liability
Company Profile
Shaping Futures with Innovation & Excellence
KaitoTech — the brand of KIS Tech Solutions Private Limited — is India's purpose-built InsurTech platform provider, now bringing its proven digital infrastructure to Sri Lanka's insurance ecosystem.
Our Mission
Think Faster · Act Wiser · Work Smarter
Empowering insurance intermediaries and businesses through automation and data-driven insights that transform operations and fuel sustainable, scalable growth — across India and now expanding globally. Our Core Focus: Delivering scalable, customised, and fully compliant digital platforms that address the real-world challenges of insurance distribution and management with precision and reliability.
5+
Years InsurTech Excellence
50+
Expert Developers
8
Core Products
70%
Faster Quote Turnaround
30+
Insurer Integrations (India)
🏛️
Established & Incorporated
Founded in 2021 and officially incorporated in June 2023 as KIS Tech Solutions Private Limited. Headquartered in Mumbai, India — India-rooted, globally expanding.
🎯
Tailored & Scalable Solutions
Customised workflows that adapt and grow with your specific business model — from startup brokers to enterprise intermediaries. Solutions built for ambition, not just compliance.
🔒
Compliance, Security & Reliability
Audit-ready checks, built-in compliance controls, and enterprise-grade security keep your data protected. Documentation stays regulation-ready at all times — no last-minute scrambles.
📊
Data & Analytics-Powered Insights
Real-time dashboards to monitor conversion rates, identify performance gaps, and track placement success across all distribution channels with precision. Every decision backed by data.
🔗
Integrated Systems Architecture
Mailing systems, centralised document repositories, and scalable ERP architecture — all interconnected under one unified, cohesive platform. No data silos, no manual handoffs.
💡
Client-Centric, Innovation-Driven Culture
Your success fuels our R&D. A dedicated team of expert developers and InsurTech change-makers continuously evolves our platforms — driven by real client feedback and market evolution.
Leadership & Team Structure
⚙️
Product Engineering
Focused on designing, building, and maintaining the Kaito suite — Nexus, CIMS, POSP, and Marketplace — with continuous iteration driven by real client feedback and industry evolution
🌏
Business Development
Managing global and domestic insurance broker relationships, forging strategic partnerships, and driving expansion into GCC and South Asian markets with region-specific product adaptations
🤝
Implementation & Support
Dedicated to custom workflow deployments, ensuring seamless onboarding, technical integration, ongoing support, and sustained platform performance post-launch for every client
Global Presence & Market Reach
🇮🇳
India HQ
Mumbai, India · IRDAI
🇦🇪
UAE / GCC
Expanding 2026 · IA Framework
🇸🇦
Saudi Arabia
Dhamani-Ready · SAMA Aligned
🇱🇰
Sri Lanka
IRCSL · Now Available
🌍
GDPR Ready
Europe · Data Residency Compliant
Operational Complexity
50%
Reduction in complexity
↑ Proven
Workflow Efficiency
60%
Enhancement via automation
↑ Measured
Quote Turnaround
70%
Faster than manual processes
↑ Real-time
Lead Follow-Up
90%
On-time via automation
↑ Automated
Full Product Suite
Eight Specialised Kaito Platforms
Each module addresses a distinct dimension of insurance distribution and management — deployable individually or as a unified end-to-end ERP for Sri Lankan intermediaries
🧑💼
01 · Kaito POSP
Point of Sales Person Platform
A dedicated platform for Point of Sales Persons (POSP) to manage and scale their insurance sales business with full lifecycle support — from quick onboarding and KYC to renewal tracking, claims management, and role-based access control.
Powerful broker ERP for retail insurance distribution — automating lead management, multi-insurer quote comparison, proposal generation, and POSP channel management with a white-labelled, compliant digital workflow built for scale.
Corporate-grade variant of Kaito Nexus — purpose-built for brokers managing large B2B accounts, group policies (GMC/GPA/GTL), and multi-line commercial risks with version-tracked proposals, bulk uploads, and enterprise ERP architecture.
Centralised dashboard enabling corporates to manage their entire insurance portfolio, track multi-policy renewals, receive installment reminders, and handle payments — all in one unified interface for the corporate insurance buyer.
Best-in-class insurance aggregator providing instant policy comparisons and transparent details across a wide range of products — enabling a fully digital buying journey with exceptional customer experience and enterprise-grade data security.
End-to-end digital claims management covering FNOL intake, AI-powered damage assessment, cashless network locator, real-time claims tracking, fraud detection, video survey, and automated settlement — transforming the most critical customer touchpoint.
FNOL Mobile IntakeAI Damage AssessmentFraud DetectionDigital Video SurveyClaims TrackingAutomated Settlement
📡
07 · Kaito Pulse
BI & Analytics Intelligence
KaitoTech's Business Intelligence and Analytics module — delivering real-time visual dashboards on GWP, loss ratios, persistency, and sales performance. Equipped with predictive churn analytics, lead scoring AI, and a Generative AI marketing co-pilot.
BI DashboardsGWP & Loss Ratio ViewsPredictive Churn AILead Scoring AIGen AI Co-PilotReal-Time Insights
🛡️
08 · Kaito Comply
Compliance & Regulatory Automation
Dedicated compliance and regulatory automation module — enabling one-click regulatory reporting, AML screening, KYC integration, end-to-end audit trails, data masking, and tax invoicing. Designed to keep every licensed intermediary audit-ready at all times.
IRCSL-native, LKR-first, Sinhala/Tamil/English — built specifically for Sri Lankan insurance brokerage
01
Sri Lanka CRM & Client Management
Unified corporate and retail client profiles across all 25 districts of Sri Lanka. LKR-native accounting, VAT & NBT computation, IRCSL-mandated KYC/AML workflows, Sinhala & Tamil document generation.
02
Local Insurer Panel & RFQ Engine
Dispatch RFQs to all IRCSL-licensed insurers simultaneously — life, general & composite insurers. Track quotes from SLIC, Ceylinco, AIA, Allianz, Janashakthi, HNB Assurance and more. Co-insurer splits supported.
03
NITF Reinsurance & Co-Insurance Module
Mandatory NITF (National Insurance Trust Fund) reinsurance cession workflow, war risk cover integration, agricultural insurance management, and automatic co-insurer participation for large risks.
04
IRCSL Compliance & Regulatory Reporting
Auto-generate IRCSL broker annual returns, premium registers, claims registers, and client money accounts. Insurance Industry Act No. 43 of 2000 compliant reporting — VAT, tax deductions, and broker commission accounting all built in.
Market Overview
Sri Lanka Insurance Market Landscape
A growing market of USD 600M+ GWP with significant headroom — Kaito-Nexus is built to capture it
USD 620M
Total GWP 2024
27
IRCSL-Licensed Insurers
12%
Market Growth YoY
1.2%
Insurance Penetration
LKR 180B+
Total Premiums Written
🦁
WESTERN
Colombo · LKR
🌿
CENTRAL
Kandy · Tea Belt
🌊
SOUTHERN
Galle · Maritime
⛵
NORTHERN
Jaffna · Fisheries
🏝️
EASTERN
Trinco · Tourism
🌾
NORTH CENTRAL
Anuradhapura · Agri
🌺
SABARAGAMUWA
Ratnapura · Gems
Insurance Products
All Sri Lankan Insurance Product Lines
Complete coverage for every product class offered by Sri Lankan brokers and agents
🏥
Group Health & Medical
Cashless hospitalisation, outpatient benefits, pre-auth workflows with Sri Lankan hospitals. Manage group health schemes for corporates and SMEs island-wide.
Comprehensive and third-party motor policies, fleet management for corporates, Sri Lanka MIB-integrated. Supports tuktuk, motorcycle, lorry, and bus fleets.
Commercial and industrial property insurance including fire, lightning, explosion, and flood cover. Supports Colombo Port City, hotel and hospitality sector, and industrial zones.
Fire & Allied PerilsBusiness InterruptionFlood CoverNITF Co-insurance
⚓
Marine, Cargo & Aviation
Import/export cargo via Colombo Port and Mattala Airport. Hull & machinery, fisheries insurance for the Northern and Eastern coastal fleets, and aviation hull.
Colombo Port CargoFisheries HullOpen CoverAviation Hull
🏗️
Engineering & Contractors All Risk
CAR/EAR for Sri Lanka's infrastructure boom — Port City, expressways, power plants, and IT parks. Plant & machinery breakdown and contractor's plant.
CAR / EARPlant & MachineryErection All RiskAdvance Loss of Profit
🌿
Agriculture & Plantation
Tea, rubber, coconut, paddy and spice crop insurance. Livestock insurance for dairy and poultry sectors. Aquaculture and prawn farm cover for the Eastern and North-Western provinces.
Inbound and outbound travel insurance for Sri Lanka's booming tourism sector. Group travel for corporates, pilgrim cover for Kataragama and Anuradhapura visits, student overseas cover.
Public liability, employers liability, professional indemnity, and D&O for Sri Lankan PLCs and multinationals. Cyber risk cover for the growing IT and BPO sector in Colombo.
Public LiabilityProfessional IndemnityD&OCyber Risk
Retail Insurance Distribution
Retail Insurance for Sri Lanka
Kaito-Nexus powers complete retail insurance distribution — Motor, Health, Life, Travel and Personal Lines — with full digital journeys designed for Sri Lankan individual customers and SMEs
🔌
Integration Roadmap — Sri Lanka Insurer APIs
All retail and corporate platform capabilities are fully built and operational. The Kaito-Nexus multi-quote engine, comparison workflows, digital buying journeys, and policy issuance modules are production-ready. Direct API integration with Sri Lankan insurance companies is our immediate roadmap priority — in the interim, broker-mediated quote workflows are fully supported end-to-end. All 30+ insurer integrations are live in India; Sri Lankan integrations will follow the same proven model.
🚗 Motor
🏥 Health
💙 Life
✈️ Travel
🏠 Personal Lines
🚗
Private Car — Comprehensive
Full cover: Own Damage, Third Party Liability, Personal Accident. Covers private vehicles island-wide. NCD tracking, digital renewal alerts via WhatsApp.
🏍️
Motorcycle Insurance
Comprehensive and TP-only for motorcycles and mopeds. High-volume retail product — Sri Lanka's most common personal vehicle. Online quote journey.
🛺
Three-Wheeler (Tuk-Tuk) Insurance
Dedicated tuk-tuk and three-wheeler motor insurance. Covers both private and commercial use. NCD tracking and instant quote comparison across IRCSL-licensed insurers.
🚐
Commercial Vehicle & Taxi
Goods vehicles, vans, taxis, and school buses. Goods-in-transit add-on. Permits and route compliance documentation management within Kaito-Nexus.
📱
Digital Motor Journey
End-to-end digital buying: quote → compare → pay → policy in minutes. WhatsApp delivery of policy documents. Renewal reminders via SMS and WhatsApp.
🔢
NCD & Vehicle Registry Integration
No Claim Discount tracking across policy years. Motor Insurers' Bureau (MIB) integration for claims history verification. Vehicle registration data import.
Platform Capabilities — All Built-In
Multi-Insurer Quote Compare
FNOL Mobile Claims
AI Damage Assessment
Cashless Garage Locator
NCD Auto-computation
WhatsApp Policy Delivery
Renewal Automation
Digital Endorsements
🏥
Individual Health Insurance
Hospitalisation, surgery, ICU coverage for individuals. Pre-existing disease waiting period management. Sum insured from LKR 500K to 10M. Annual and multi-year plans.
👨👩👧👦
Family Floater Plans
Single policy covering entire family unit. Floater sum insured shared among members. Maternity benefits, newborn cover, and child welfare check add-ons.
👴
Senior Citizen Health Plans
Specialist health plans for customers aged 60+. Dedicated pre-existing disease management, enhanced co-pay options, and simplified claims for the senior segment.
🦷
OPD, Dental & Vision Add-Ons
Outpatient consultation cover, dental treatment, and optical benefits. Add-on riders configurable within Kaito-Nexus product configurator.
🏨
Cashless Hospital Network
Mapped to Sri Lankan cashless hospital network — pre-authorisation workflows, TPA integration, and live claims status tracking within the platform. All reports built-in.
💊
Critical Illness Cover
Lump sum benefit on diagnosis of listed critical illnesses — cancer, heart attack, stroke, kidney failure. Standalone or as a rider to base health policy.
Health Platform Features — All Built-In
Pre-Auth Workflow
Cashless Claims
TPA Integration Ready
Medical Grid Checks
Loss Ratio Reporting
80D / Tax Certificate
Wellness Integration
Self-Service Portal
💙
Term Life Insurance
Pure protection plans for individuals and families. High sum assured at low premiums. Online quote engine across multiple Sri Lankan life insurers — comparison in one screen.
💰
Endowment & Savings Plans
Dual-purpose insurance + savings products. Maturity benefits, bonus accumulation, and loan-against-policy functionality. Supports Ceylinco Life, AIA, Union Assurance products.
📈
Unit-Linked Insurance Plans (ULIPs)
Market-linked investment with life cover. Fund switching, NAV tracking, and maturity projections within Kaito-Nexus client portal. Suitable for long-term wealth creation.
☪️
Family Takaful (Islamic Life)
Shariah-compliant family protection via Amana Life Insurance. Wakala fee model, separate participant and operator funds. Full Takaful workflow built into Kaito-Nexus.
🎓
Child Education Plans
Education savings insurance plans tied to child's academic milestones. Premium waiver on parent's death or disability. Fund accumulation and guaranteed maturity benefits.
🔄
Persistency & Renewal Management
Life policy lapse prevention workflows — automated premium reminders via WhatsApp, SMS, and email. Persistency dashboards and revival offer management all built-in.
✈️
Outbound Travel Insurance
Sri Lankan travellers going abroad — medical expenses, trip cancellation, baggage loss, passport loss, and emergency evacuation. Schengen-compliant plans for Europe travel.
🌏
Inbound Tourism Cover
Medical cover for foreign tourists visiting Sri Lanka. ETA and visa-linked travel insurance. Covers adventure sports, wildlife safaris, and beach tourism activities.
🎓
Student Overseas Insurance
Comprehensive cover for Sri Lankan students studying abroad — UK, Australia, Canada, USA, and beyond. Academic institution requirements met, mental health cover included.
🕌
Pilgrim & Religious Travel Cover
Dedicated cover for Sri Lankan pilgrims travelling to Kataragama, Anuradhapura, Saudi Arabia (Hajj/Umrah), and India. Group rates with medical emergency support.
🏢
Corporate Travel Policy
Annual multi-trip corporate travel insurance for Sri Lankan businesses. Blanket cover for all employees, flexible trip limits, and automated MIS reporting for finance teams.
⚡
Instant Policy Issuance
Travel policies issued in seconds via digital workflow — no paper forms, instant PDF delivery to email/WhatsApp. 24/7 emergency assistance numbers included in every policy.
🏠
Home & Household Insurance
Structure and contents cover for Sri Lankan homes. Fire, flood, burglary, and domestic appliance protection. Tailored for Colombo high-rises and provincial housing.
📱
Gadget & Device Insurance
Accidental damage, screen breakage, and theft cover for smartphones, laptops, and tablets. Annual and monthly premium options. Instant online quote and cover.
🌾
Personal Accident Insurance
Accidental death and disability cover for individuals and families. Group PA schemes for employer workforces. Competitive retail pricing with digital distribution.
🔑
Workmen's Compensation
Employer's liability for employee injuries. Statutory requirement compliance for Sri Lankan employers. Automated premium calculation based on wage rolls and staff count.
🛡️
Microinsurance Products
Bite-sized, affordable insurance products for underserved Sri Lankan segments. Low-premium, high-volume distribution via digital channels and community networks.
🤝
Affinity & Embedded Insurance
Partner with banks, NBFCs, retailers, and employer groups to embed insurance at the point of sale. Online and offline integration capabilities — white-labelled, co-branded.
Retail Platform — All Capabilities Built-In
Multi-Quote Engine
Digital Buying Journey
WhatsApp Chatbot
Lead Scoring AI
Renewal Automation
Customer Self-Service Portal
Offline Quote Generation
Commission Tracking
Document e-Locker
White-Label Portals
Sri Lankan Insurer Panel
All IRCSL-Licensed Insurance Companies
Pre-loaded with Sri Lanka's complete insurer panel — general, life, composite and Takaful operators
✅ What's Ready Now
Complete broker-mediated RFQ workflows, quote management, comparison engine, proposal generation, policy issuance, claims management, and all MIS reports are fully operational for all Sri Lankan insurers listed below.
🔌 On Roadmap — Direct API Integration
Direct real-time API integrations with IRCSL-licensed Sri Lankan insurers are our immediate go-live priority for this market — following the proven model of our 30+ active insurer API integrations in India.
🏢 General Insurers
💙 Life Insurers
🏛️ State & NITF
☪️ Takaful / Islamic
🦁
Ceylinco Insurance PLC (General)
Largest private general insurer · Motor, Property, Marine, Engineering · Nation-wide network · Est. 1987
Pioneer Takaful operator in Sri Lanka · General & life takaful · North & East Sri Lanka coverage · CSE-listed · IRCSL approved
☪️
Amana Life Insurance Ltd
Islamic life insurance (Family Takaful) · Sinhala, Tamil & English documentation · Wakala fee model
🕌
Takaful Windows (Select Insurers)
Several IRCSL-licensed insurers offer Takaful windows — managed via dedicated Takaful workflow in Kaito-Nexus
ERP Workflow
Sri Lankan Broker ERP Process Flow
End-to-end brokerage workflow — from client onboarding to claims settlement, IRCSL-compliant every step
01
Client Onboarding & KYC / AML
CRM Module
IRCSL-mandated KYC documentation, AML screening against UN/OFAC/local watchlists. Corporate client profiling with UBO identification, director details, turnover, and risk assessment. Sinhala & Tamil name support.
🪪
NIC / Passport Verification
Sri Lankan NIC, passport, and company registration integration
🔍
AML Watchlist Screening
UN, OFAC, FIU Sri Lanka, local PEP screening
02
Risk Assessment & Slip Preparation
Risk Module
Capture risk details — property schedules, motor fleet registers, employee data for health, marine voyage details. Auto-generate broker risk slips for submission to the Sri Lankan insurer panel. Supports all IRCSL-mandated risk information requirements.
03
RFQ Dispatch to Sri Lankan Insurer Panel
RFQ Engine
Auto-generate and dispatch RFQs simultaneously to all relevant IRCSL-licensed insurers. Track responses from SLIC, Ceylinco, AIA, Allianz, Janashakthi, HNB, People's Insurance, LOLC and more. NITF co-insurance allocation auto-computed.
SLIC (State)
Ceylinco General
AIA Lanka
Allianz Lanka
Janashakthi
HNB General
People's Insurance
☪️ Amana Takaful
🛡️ NITF Co-insurance
04
Quote Collection & NITF Co-Insurance
Quote Register
Collect and normalise quotes in LKR. Auto-compute mandatory NITF co-insurance cession (war & terrorism risk). Track conventional vs Takaful split. Full version control with IRCSL-compliant audit trail.
💱
LKR Premium Normalisation
All quotes in LKR · USD/EUR FX for imported risk items
🛡️
NITF Cession Computation
Mandatory war risk reinsurance · Terrorism pool · STRIP programme
🤝
Co-Insurer Participation
Lead/follow split · Proportional premium for large risks
📋
Version Control & Audit
Full quote history · IRCSL-compliant timestamp log
05
Comparison Engine & Recommendation
Comparison
Parameter
Ceylinco General
AIA Lanka
Allianz Lanka
SLIC
Product
Group Health Insurance — Corporate Class B+
Annual Premium
LKR 1.84M
LKR 2.14M
LKR 1.98M
LKR 2.26M
Hospital Network
320+
480+
380+
290+
Maternity (LKR)
150,000
120,000
130,000
100,000
Claims Settlement
TPA — Ceylinco
AIA Direct
Allianz Care
SLIC Network
ERP Score
92 Recommended
87
83
76
06
Proposal Generation & e-Signature
Proposal Engine
Generate branded client proposals in Sinhala, Tamil or English. Includes IRCSL-mandated broker disclosure statements, commission disclosure (post-RIA compliance), VAT breakdown, and NITF reinsurance terms. Share via secure portal with digital signature support.
07
Policy Issuance, Brokerage Accounting & Claims
Policy Register
Issue IRCSL-compliant policy documents, compute broker commission per IRCSL caps, manage VAT on brokerage income, and manage claims from first notice of loss through to settlement. Integrated with Sri Lankan hospital networks for health claims pre-auth.
📑
IRCSL-Compliant Policy Docs
Sinhala / Tamil / English policy documents with mandated clauses
📊 77 renewals in next 90 days · LKR 420M premium at stake
Insurer Performance Scorecards
Comparative insurer ratings across claims TAT, settlement ratio, service quality & pricing
Updated: Apr 2026
🦁
Ceylinco General
General Insurance · Sri Lanka's Largest
4.6/5
Claims TAT
88%
Settlement Ratio
92%
Pricing Comp.
82%
Service Quality
94%
🛡️
Allianz Insurance Lanka
General Insurance · International Brand
4.4/5
Claims TAT
85%
Settlement Ratio
90%
Pricing Comp.
78%
Service Quality
89%
🏛️
Sri Lanka Insurance Corp
Life & General · State Insurer
3.8/5
Claims TAT
68%
Settlement Ratio
84%
Pricing Comp.
91%
Service Quality
72%
🌟
AIA Insurance Lanka
Life & Health · Regional Leader
4.1/5
Claims TAT
79%
Settlement Ratio
88%
Pricing Comp.
72%
Service Quality
85%
⚡
Janashakthi Insurance
General Insurance · Local Insurer
3.5/5
Claims TAT
62%
Settlement Ratio
78%
Pricing Comp.
88%
Service Quality
68%
🏦
HNB Assurance PLC
Life & General · Bank-backed
2.9/5
Claims TAT
44%
Settlement Ratio
68%
Pricing Comp.
74%
Service Quality
55%
Why Choose Kaito-Nexus Sri Lanka
Built from the Ground Up for Sri Lanka
🇱🇰
Sri Lanka IRCSL Native
Pre-built for IRCSL compliance — Insurance Industry Act No. 43 of 2000, IRCSL broker registration requirements, annual returns, premium registers, and client money account rules all baked in from day one.
🛡️
NITF Reinsurance Ready
Mandatory NITF war risk and terrorism co-insurance automatically computed for every large risk. STRIP programme integration, agricultural insurance pool workflows, and state reinsurance accounting handled natively.
🌿
Agriculture & Plantation Module
Sri Lanka's unique tea, rubber, coconut, paddy, and spice crop insurance handled with dedicated workflows. Livestock, aquaculture, and fisheries coverage — tailored for every agri segment in the island.
📊
LKR-Native Accounting
Full LKR-native premium, commission, claims, and trust accounting. IRCSL client money segregation rules built in. VAT on brokerage income, withholding tax on commissions — all auto-computed and filed.
🗣️
Sinhala, Tamil & English
Full trilingual support for policy documents, client communications, and internal reports. Sinhala and Tamil script support for Northern, Eastern, and provincial client bases — not just translated, but native.
🚀
Sri Lanka Vision 2030 Ready
Aligned with Sri Lanka's digital economy roadmap and Colombo Port City Financial City ambitions. Cloud-native, API-ready for Central Bank of Sri Lanka fintech integrations and InsurTech ecosystem.
Sri Lanka Insurance Market Intelligence
Sri Lanka Insurance Market Statistics
The data behind Sri Lanka's USD 620M+ insurance opportunity that Kaito-Nexus is built to capture
Total GWP 2024
LKR 180B
Gross Written Premium
↑ 12% YoY
General Insurance GWP
LKR 95B
Non-Life Premiums
↑ 14.2% YoY
Life Insurance GWP
LKR 85B
Long-term premiums
↑ 9.8% YoY
Insurance Penetration
1.2%
% of GDP — well below regional avg
↑ Growth Potential
IRCSL Licensed Insurers
27
General, Life & Composite
+ Takaful Operators
Motor Insurance Share
42%
Of total GWP — dominant line
LKR 40B+
General Insurance Product Mix (2024)
By Gross Written Premium — Sri Lanka Market
Motor InsuranceLKR 40B · 42%
Group HealthLKR 20B · 21%
Property & FireLKR 17B · 18%
Marine & CargoLKR 9.5B · 10%
EngineeringLKR 4.8B · 5%
Agriculture & OtherLKR 3.7B · 4%
Insurer Market Share (General) 2024
Top Sri Lankan general insurers by GWP share
SLIC (State)~22%
Ceylinco General~20%
Janashakthi~13%
People's Insurance~11%
Allianz Lanka~9%
Others~25%
🚗 Motor Insurance
Sri Lanka's largest insurance segment
Registered vehicles
9.5 million+
Compulsory TP only
~60% of fleet still TP-only
Fleet clients
Top growth segment for brokers
🌿 Agriculture Segment
Unique to Sri Lanka — major growth area
Tea & rubber estates
200,000+ hectares insured
Paddy farmers
AAIB subsidised scheme
Aquaculture & fisheries
North & East coast fleets
🌊 Marine & Port
Colombo Port — South Asia hub
Colombo Port throughput
7M+ TEUs — transshipment hub
Export cargo (apparel)
USD 5B+ annual export cover
Port City Colombo
New construction & marine risks
Built-In Reports Suite
Sri Lanka Portfolio Management Reports
All reports are natively built into Kaito-Nexus — no third-party BI tools required. Every report listed below is production-ready, real-time, and exportable to Excel, PDF, and CSV.
✅ 30+ Reports — All Pre-Built & Inbuilt
Kaito-Nexus ships with a comprehensive suite of MIS, regulatory, financial, and operational reports — zero configuration needed. IRCSL regulatory returns auto-generate at month-end. Every data point captured in the platform feeds directly into your report suite in real time.
✅ IRCSL Regulatory Returns
✅ Premium & Claims Registers
✅ GWP & Loss Ratio Dashboards
✅ Commission & Brokerage Accounting
✅ Renewal Pipeline Reports
✅ Client Money Account Reports
✅ Insurer-wise Placement Reports
✅ Export: Excel · PDF · CSV
Active Clients
84
Colombo & island-wide
↑ +16 YoY
Premium Under Management
LKR 1.8B
FY 2024–25 Portfolio
↑ +21.4%
Brokerage Income
LKR 162M
Net — all product lines
↑ +18.2%
Claims Reported
248
LKR 224M total value
Managed
Overall Loss Ratio
41.2%
Within healthy target
✓ Healthy
Renewals Due — 90 days
36
LKR 380M at risk
Action Needed
📋 Portfolio
📊 Premium Mix
🔔 Renewals
📜 IRCSL Regulatory
⚡ Claims MIS
Top Sri Lanka Client Portfolio
#
Client
Sector
Products
Premium
Lead Insurer
Status
01
John Keells Holdings PLC
🏬 Conglomerate
PropertyHealth
LKR 120M
Allianz Lanka
Active
02
Hayleys PLC
🌿 Diversified
MarineAgri
LKR 95M
SLIC
Active
03
Aitken Spence PLC
✈️ Tourism & Logistics
PropertyMarine
LKR 88M
Ceylinco General
Active
04
MAS Holdings
👕 Apparel / Export
Motor FleetHealth
LKR 76M
AIA Lanka
Active
05
Browns & Company PLC
🔧 Industrial
EngineeringProperty
LKR 62M
Janashakthi
Renewal
Premium Distribution by Sri Lanka Product Line
Group Health (Medical)LKR 540M · 30%
Motor FleetLKR 396M · 22%
Property & FireLKR 324M · 18%
Marine & CargoLKR 216M · 12%
Engineering (CAR/EAR)LKR 144M · 8%
Agriculture & PlantationLKR 108M · 6%
Liability, D&O & CyberLKR 72M · 4%
Sri Lanka Renewal Calendar — Next 60 Days
6
DAYS
John Keells Holdings — Property + Health
Allianz Lanka · LKR 120M · Re-market recommended · Loss ratio 71%
Full AML screening log and KYC status register across all clients — audit-ready export for regulatory inspection
💼 Brokerage Commission Register
Per IRCSL commission caps · VAT / WHT
Commission earned by insurer and product line — VAT on brokerage income and withholding tax auto-computed and reported
🛡️ NITF Reinsurance Cession Report
Mandatory war risk · STRIP · Agri pool
NITF co-insurance cession statement — war, terrorism, and agricultural pool premium cession auto-reconciled per policy
Claims MIS Reports — All Built-In
Real-time claims intelligence — from FNOL through to final settlement. All reports auto-generated from claims workflow data.
Motor Claims (Open)128 claims · LKR 84M
Health Claims (Open)76 claims · LKR 62M
Property Claims (Open)28 claims · LKR 51M
Marine Claims (Open)16 claims · LKR 27M
📈 Loss Ratio by Insurer
Portfolio-wide · Per insurer split · Built-in
⏱️ TAT Analysis Report
Turnaround time · Insurer benchmarking · Built-in
🚨 Fraud Flags Report
AI-flagged · Pattern detection · Built-in
📋 Claims Register (IRCSL)
Regulatory format · Auto-export · Built-in
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