World · Sri Lanka Bureau
KOKO and Ceylinco Insurance launch Sri Lanka's first medical insurance product
A new partnership between fintech platform KOKO and Ceylinco Insurance has introduced what is being positioned as Sri Lanka's first medical insurance offering. The product aims to expand healthcare coverage options for the island nation's population.
LSN Sri Lanka ·
KOKO and Ceylinco Insurance have jointly unveiled a medical insurance product designed to address healthcare coverage gaps in Sri Lanka. The initiative represents a significant development in the country's insurance sector, combining digital innovation with established insurance expertise.
The partnership leverages KOKO's fintech capabilities with Ceylinco Insurance's underwriting experience to create an accessible medical insurance solution for Sri Lankan consumers. The product is expected to streamline the insurance process through digital channels while providing comprehensive healthcare coverage.
The introduction of this medical insurance offering comes as Sri Lanka's healthcare sector seeks to expand private insurance options alongside existing public healthcare infrastructure. The product is aimed at providing consumers with greater flexibility and choice in managing medical expenses.
Ceylinco Insurance, one of the island's established insurance providers, brings decades of experience in the local market, while KOKO's digital platform is expected to enhance accessibility and convenience for policyholders. The collaboration reflects a growing trend of traditional financial institutions partnering with fintech companies to modernize service delivery.