InsureMe strengthens market capability with Reinsurance Broking Licence

Insureme one of Sri Lanka’s leading insurance intermediary and InsurTech-enabled risk solutions provider has further strengthened its market offering with the receipt of a Reinsurance Broking Licence from the Insurance Regulatory Commission of Sri Lanka (IRCSL)

This milestone positions InsureMe among a select group of intermediaries in the country authorised to provide both insurance and reinsurance broking services, reinforcing its role as a strategic risk partner to insurers and corporate clients navigating increasingly complex risk environments.

The reinsurance licence enables InsureMe to directly structure and place reinsurance programmes for Sri Lankan insurers and large-scale corporate clients, facilitating access to global reinsurance markets, including specialist and Lloyd’s markets.

InsureMe’s reinsurance capability is built on an integrated service model, combining insurance placement, reinsurance structuring, and risk advisory under one platform. The company has already arranged reinsurance placements for local insurers, enabling effective management of high-value risks while ensuring regulatory compliance, cost efficiency, and continuity of coverage.

InsureMe Managing Director Niranjan Manickam said; “Reinsurance is no longer a back-end function, and is a strategic enabler of resilience. being a licensed reinsurance intermediary InsureMe is positioned to support insurers and corporates with technically sound, globally benchmarked reinsurance solutions.”

The company’s reinsurance operations are supported by a technical team with combined experience of over 50 years in Insurance and Reinsurance with deep expertise across general insurance classes, including fire, engineering, marine, liability, Cyber and specialty risks. Central to this capability is Samanthi Liyanage, Head of Reinsurance and Advisoryat InsureMe Insurance Broker, who brings over 20 years of experience in the general insurance industry, including a distinguished 17 year career in underwriting and management roles at leading insurance companies.

Source: Daily News