A Memorandum of Understanding was signed between the LOLC Life Assurance Ltd / LOLC General Insurance PLC and the University of Kelaniya on the 15^th of December 2023. The ceremony was held in the senate room of the University of Kelaniya.

Mrs. Nadika Opatha, Director/Chief Executive Officer, signed the MoU representing LOLC Life Assurance Ltd while Senior Professor Nilanthi de Silva, Vice-Chancellor of the University of Kelaniya, and Professor W. M. C. B. Wanninayake Dean of the Faculty Commerce and Management Studies signed on behalf of the university.

The main objective of this MoU is to provide Internship and Management Trainee opportunities to Insurance Degree Undergraduates.

The momentous signing ceremony was dignified with the presence of the representatives from LOLC Life Assurance Ltd and LOLC General Insurance PLC Mr. Suranga Wewegedara, Head of Human Resources, Mr. Dharshana Maldeniya, Head of Sales Administration & Sales Support, Mr. Nadeesh Dheerasekara, Associate Manager – Human Resources, Dr. Ruwani Fernando, Head, Department of Finance,  Cadre Chair and Senior Professor C. Ranjani, Professor Narada Fernando, Mr. Ruwan Buddhika, Insurance Degree Coordinator, Senior Lecturers, Lecturers and undergraduates of the department.