Gensoft and LOLC General Insurance Partner to Provide Insurance Services to the Logistics Industry

Gensoft and LOLC General Insurance partner to provide insurance services to the logistics industry. Gensoft (Pvt) Ltd, Sri Lanka’s largest logistics software company recently signed an agreement with premier insurance services company LOLC General Insurance PLC to provide insurance services for the logistics industry.

With many years of experience in the logistics technology industry, a deep understanding of how the logistics industry functions and the importance of insurance in all aspects of the operations within the industry prompted Gensoft to partner with LOLC General Insurance. LOLC General Insurance have been at the forefront in offering unique insurance services over the years and have vast experience in providing critical insurance services that have helped numerous companies mitigate and manage their risk.

“As a company that has helped the logistics industry in Sri Lanka to streamline and manage all operational aspects using technology, we saw a need for logistics operators to have access to new and unique insurance services that would further help improve the services they offer to shippers. Utilizing our knowledge of efficient life cycle management through our global experiences and integrating insurance services into our logistics platform will enable logistics operators to seamlessly process all insurance requirements from within the Gensoft platform. We are extremely happy that LOLCO General Insurance also shares our same vision to make insurance services more accessible and affordable to the logistics industry to help fulfill the country’s vision to become a maritime hub in the region” said a spokesperson for Gensoft.

“With the launch of this strategic partnership, both Gensoft and LOLC General Insurance PLC will be able to leverage on each other’s strong brand presence. Both Gensoft and LOLC General Insurance shares a common synergy in terms of committing for customer value creation and exceptional customer service, thus, this partnership will reach great heights. As a result of this tie-up, logistics operators will now have the opportunity to experience the vast array of products and services offered by our company” said a spokesperson for LOLC General Insurance.

The logistics industry can now expect exciting new insurance services in the near future.