š LOLC Life Assurance Expands Regional Footprint with New & Upgraded Branches
⢠Overall Expansion: LOLC Life Assurance has strategically expanded its physical network across key regional markets in Sri Lanka to enhance accessibility and community-level engagement for its life insurance and financial protection solutions. ⢠New Branch Openings: The company officially inaugurated two new branches in strategically important locations to improve service convenience: Beruwala (No. 207, Galle Road) Mathugama (No. 110/1, Aluthgama Road) ⢠Network Optimization: The Jaffna branch was relocated to an upgraded, modern facility at No. 62/3, Stanley Road. This move aims to support the region's growing economic activity and deliver a superior, more efficient customer experience. ⢠Economic Context: This network growth represents continued investment in local distribution infrastructure, aimed at driving financial inclusion and providing long-term investment solutions across different provinces. (Based on company corporate disclosure).