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Softlogic Life Insurance PLC

74Score

★★★☆☆3.6

Customer satisfaction · 0 members

IRCSL: Licensed Insurer (Softlogic Group)(2025)

Softlogic Life Insurance (formerly Asian Alliance Insurance) is part of the Softlogic Group. It absorbed Allianz Life Insurance Lanka in January 2016, gaining international expertise. It offers health and life insurance products with hospital partnerships.

Overall Score

74/100

Founded

1999

Headquarters

Colombo

Type

private

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Key Metrics

Parent Group

Softlogic Group

Acquisition

Absorbed Allianz Lanka (2016)

Former Name

Asian Alliance Insurance

Editorial Ratings

IRCSL: Licensed Insurer (Softlogic Group)(2025)

Rating: Licensed insurer — absorbed Allianz Lanka (2016) (max: #1)

74IRCSL

Coverage Highlights

✓Health and life insurance with hospital partnerships
✓Inherited Allianz Lanka expertise and portfolio
✓Part of diversified Softlogic Group

Pros

✓Acquired Allianz Lanka expertise and customer base
✓Part of diversified Softlogic Group
✓Growing health product portfolio

Cons

✗Multiple rebranding may cause confusion
✗Smaller market share than top-tier competitors
✗Less established health brand

Frequently Asked Questions

What happened to Allianz Lanka?

Allianz Life Insurance Lanka was absorbed by Softlogic Life Insurance (then Asian Alliance Insurance) in January 2016, bringing international expertise to the Softlogic Group.

Quick Summary

InsurerSoftlogic Life Insurance PLC

Country🇱🇰 Sri Lanka

Overall Score74/100

Satisfaction3.6/5

Members0

Typeprivate

Founded1999

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