SLT-MOBITEL & Fairfirst Launch Sri Lanka’s First Mobile-Billed Motor Insurance 🚗

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• Service Overview: SLT-MOBITEL and Fairfirst Insurance have introduced the nation's first motor insurance solution integrated directly into mobile billing. This allows motorists to obtain or renew policies anytime via their mobile accounts without physical documentation. • Sector Impact: This partnership bridges the gap between telecommunications and insurance, expanding SLT-MOBITEL’s digital lifestyle ecosystem. It follows their existing mobile-delivered life insurance offerings, further diversifying their VAS (Value Added Services) portfolio. • Economic & Digital Inclusion: • Financial Inclusion: Enhances access for rural communities by leveraging existing mobile infrastructure, reducing the digital divide. • Digital Transformation: Aligns with national goals to digitize the financial services and insurance sectors. • Efficiency: Eliminates the need for office visits, streamlining transactions through a secure, transparent mobile-first process. • Strategic Significance: The collaboration serves as a benchmark for the ICT/BPM and insurance industries, demonstrating how telco innovation can create new service categories and enhance public service delivery across Sri Lanka.

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