Co-operative Insurance Company Limited (CICL) is the only company pursuing mutuality as the primary character, linking the clients, business partner and shareholders as integrated stakeholders’ group who would enjoy the benefits of coming together. The eventually value additionally would benefits them all, thus eliminating the evil of exploitation.

The CICL is a result of labor by the cooperative movement along with well wishers, which started its operation on March 2nd 1999[Company Registration No. (PB834)]. With the initial teething problems, it has progressed now in to a fast growing venture in the field of insurance in Sri lanka. The Company has shown to the co-operate world that “small is beautiful” and could survive in a competitive market.

The CICL is a member of global community of 120 co-operative Insurance Companies in 65 countries in the developed and developing world. The Financial portfolio of the CICL is Rs: 200 million as an authorized share capital. The Capital structure has been purposely kept at that level with the intention of better dividends to stake holders and with the exception of regeneration of the capital through operations.