Introducing a suite of cutting-edge, AI-powered features, the company reinforces its unwavering commitment to Transparency, Accountability, Governance, and Sustainability.
This latest innovation cements Softlogic Life’s position as a trailblazer in Sri Lanka’s financial reporting sphere, transforming traditional corporate reporting from a static obligation into a dynamic, interactive, and AI-driven experience that seamlessly integrates financial performance with long-term sustainability.
The 2024 Annual Report introduces a suite of first of its kind innovations that fundamentally change how stakeholders interact with corporate information.
The Customized AI powered report feature enables personalized access by tailoring content to an individual’s preferred type, language, length, and style, making complex information more relevant, simple and accessible.
Complementing this is the introduction of gamification, where stakeholders, especially the youth, can test their knowledge through interactive AI generated quizzes, compete on leaderboards, earn certifications and engage with business insights in a more dynamic, inclusive and memorable way.
With a clear vision, Softlogic Life stands out among Sri Lanka’s future-ready organizations for its belief in AI and technology as engines of scalable growth.
Continuing its track record of industry firsts, this reinforces Softlogic Life’s position as a progressive, tech-led insurer redefining industry standard.
Going beyond strong performance, Softlogic Life has reaffirmed its commitment to transparency, accountability, governance, and sustainability.
At the 59th CA TAGS Awards 2024, the company earned a prestigious Top 3 placement among Sri Lanka’s leading corporates, becoming the only stand-alone company to achieve this milestone for the fourth consecutive year.
In addition, Softlogic Life was honored with the Bronze Award for Overall Excellence in Corporate Reporting, along with six other distinguished industry accolades, highlighting its consistent pursuit of corporate excellence.
For Softlogic Life, innovation is a responsibility towards strengthening trust, democratizing access to information, and building a more resilient future for all.
At the core of these innovations is Softlogic Life’s belief in profits with purpose.
For the company, financial performance is not an end in itself but a means of enhancing the quality of more than one million Sri Lankan lives, employees, investors, and wider society.
By aligning reporting with its purpose-driven strategy, Softlogic Life ensures that every stakeholder can clearly see how profitability is directly linked and impacts towards customer wellbeing, employee growth, shareholder value, and environmental stewardship.
The integration of AI, personalization, and sustainability metrics into reporting reflects this philosophy, demonstrating that true progress comes from balancing growth with responsibility, and impact with transparency.
Softlogic Life has successfully implemented the Sri Lanka Financial Reporting Standards (SLFRS) S1 and S2, demonstrating its continued leadership in transparency, governance, and sustainability reporting.
The implementation reflects a comprehensive and forward-looking approach, fully integrating sustainability disclosures across the company’s operations and strategy.
Importantly, Softlogic Life obtained independent external assurance for its SLFRS S1 and S2 disclosures, reinforcing the credibility and reliability of the reported information.
What sets Softlogic Life apart is its pioneering effort to link S1 and S2 sustainability disclosures directly with its financial statements, ensuring consistency and alignment between financial performance and sustainability outcomes.
This integration provides stakeholders with a holistic view of the company’s value creation, risk management, and long-term resilience an achievement that distinguishes Softlogic Life as a benchmark setter within the Sri Lankan insurance se
Softlogic Life Managing Director, Iftikar Ahamed said,
“Our philosophy has always been that business success is measured not only by financial growth, but by the impact we create in people’s lives.
By embedding profits with purpose into our reporting, we are making it clear that every milestone in innovation, market leadership, or sustainability to be directly contributing to improving the quality of life for our stakeholders.
As pioneers in reimagining corporate reporting, we see this as part of a continuous journey to redefine how business can drive progress with transparency, inclusivity and accountability.”
This milestone builds on Softlogic Life’s established track record of redefining how corporate information is presented customized to its various stakeholders across generations.
The company pioneered Sri Lanka’s first video annual report back in 2017, breaking industry norms by presenting integrated reporting through engaging infographics and visual storytelling.
In 2024, it introduced Sri Lanka’s first AI-enabled Annual Report Analyzer, complete with ‘Lifey’, a voice- and text-enabled AI assistant capable of analyzing complex financial and operational data in real time.
This made Softlogic Life the first company in Sri Lanka to integrate AI capabilities of this magnitude into annual report analysis.
Expressing his views, Softlogic Life Chief Financial Officer Nuwan Withanage said,
“Corporate reporting can no longer be a retrospective exercise.
It must empower stakeholders to understand not just where we have been, but where we are going and why it matters.
With tools like AI-powered personalization, real-time insights, we are transforming disclosure into dialogue.
This ensures that performance is understood in the context of purpose; how our financial strength translates into greater resilience, better customer outcomes, and sustainable value creation for society at large.”
Going beyond engagement, the report also delivers live actionable dashboards, actionable insights across finance, environment, society, and governance which transform reporting from a static year-end snapshot into a continuous flow of decision-ready intelligence.