Business
PickMe’s new feature enables secondary income for middle-class
PickMe in 2023 will attract new segments of the community to their platform by adding state-of-the-art features that will help users beat the economic doldrums by providing win-win transport solutions.
PickMe’s new feature ‘Direction’ allows vehicle owners to share travel plans (from A to B) and their willingness to provide rides to those in need. This gives driver partners on the platform the opportunity to pick up paying passengers along the way. With ‘Direction,’ vehicle owners will earn money while using their vehicles, and passengers can also benefit from finding a convenient and cost effective way to get to their destinations. In essence, it’s carpooling with a difference, allowing drivers to get more miles per litre of fuel while improving their fuel economy. PickMe CEO Jiffry Zulfer says the new feature is fast becoming a secondary source of income for middle-class vehicle owners in the city.
The gig economy has proven to be a sustainable formula on the PickMe platform in the current economic climate, and PickMe will continue to strengthen systems this year, to ensure a stable working environment for their primary and secondary income driver and rider partner networks.
“In a country where people working in non-permanent employment arrangements are considered a negative, we have ensured that more and more people engage in this form of employment and we have the numbers to prove it. Last year alone, the network expanded exponentially, directly impacting the GDP growth of our provinces. Our taxi hailing growth was at 250% and our rider hailing grew by 35% clearly showing that PickMe is a well positioned local brand which has gained the acceptance of the public and those on the gig platform,” says Jiffry Zulfer.
Business
Korean SME Association offers support to Sri Lanka’s Agriculture and fishing Industries
The Korean Small and Medium Enterprise (SME) Association has expressed its commitment to support Sri Lanka in advancing the agriculture sector and enhancing related employment opportunities.
Additionally, the association has agreed to provide technical assistance and training Sri Lankan workers locally for Korea’s fishing industry and creating employment opportunities for them.
These topics were highlighted during a meeting held today (13) at the Presidential Secretariat between a delegation led by Kim Chung Ryong, President of the Korean SME Association and officials from the President’s Office.
[PMD]
Business
ICTA’s new Board of Directors hold inaugural meeting
The newly appointed Board of Directors of the Information and Communication Technology Agency (ICTA) convened for their first meeting this afternoon (13).
President Anura Kumara Dissanayake recently appointed Dr. Hans Wijeyasuriya, as the Principal Presidential Advisor on Digital Economy, chaired the board in a non-executive role. Dr. Wijeyasuriya’s leadership reflects a commitment to strengthening Sri Lanka’s digital economy, aiming to boost economic growth, enhance national competitiveness, and deliver meaningful digital benefits to citizens.
Other board members include Sanjaya Karunasena, Harsha Purasinghe, Chandima Cooray, Bandula Ranatunga, Jeffrey Sulfer, Samisa Abeysinghe, and Shanaka Rebel.
ICTA Board of Directors
Dr. Hans Wijayasuriya – Chairman
Dr. Hans Wijayasuriya is a distinguished telecommunications leader with over 30 years in the ICT industry, currently serving as Group CEO for Axiata Group’s Telecommunications Business across Asia. His career includes leading Dialog Axiata PLC to market leadership in Sri Lanka and pioneering Axiata’s digital ventures. An award-winning industry contributor, he holds degrees from Cambridge, Bristol, and Warwick and is actively involved in Sri Lanka’s development, including initiatives like the Unique Digital Identity program. Dr. Wijayasuriya also serves on boards of notable organizations, including GSMA and Sri Lankan Airlines.
Sanjaya Karunasena
Sanjaya Karunasena is a digital governance enthusiast, executive consultant, entrepreneur, enterprise software architect, and multi-skilled technologist with 26 years of industry experience and has worked with global software companies like Virtusa and WSO2. Served as the Chief Technology Officer of the Information and Communication Technology Agency (ICTA) of Sri Lanka from 2008 to 2013. Co-founder of Nimbus Venture (Pvt) Ltd, Pontoon (Pvt) Ltd, and Digital Democracy Collective.
Harsha Purasinghe
Harsha Purasinghe is a technology entrepreneur and Eisenhower Fellow with over 25 years of experience building significant software products and solutions. He has founded multiple ventures, including Microimage Group – arguably Sri Lanka’s most successful high school startup from the ’90s – and is the Founder/Co-Founder of MiHCM and Futura Tech Labs. Purasinghe currently leads MiHCM, a global award-winning HRTech SaaS company with a presence in 20+ markets, impacting 1,000+ companies. He received the ‘Most Outstanding Entrepreneur in the ICT Industry of Sri Lanka’ awards in 2007 and the ‘Eisenhower Innovation Fellowship’ in 2014. As a highly respected industry leader, Purasinghe regularly addresses global events.
Chandima Cooray
Chandima Cooray has over 25 years of experience leveraging technology to drive business transformation across diverse industries like healthcare, manufacturing, and supply chain. Currently, he is a partner at Acornic Ventures and co-founded Ayubo.life, a digital health company. Formerly, he served as Chief Digital Officer at Hemas Holdings, advancing their digital initiatives and innovation efforts. His background includes executive education from top institutions and roles at leading organizations like Unilever and MAS Holdings.
Bandula Ranathunga
Bandula Ranathunga is an eGovernment and public administration expert with over 25 years of experience in digital transformation and public sector reform in Sri Lanka. He has managed projects in diverse areas, including healthcare, local government, and smart city initiatives, with notable achievements in business process re-engineering. Currently, he leads training and consultancy for the Smart Ticketing System at Sri Lanka Railway and has held senior roles at organizations like the ICTA and Colombo Municipal Council. His academic background includes multiple postgraduate qualifications in eGovernance and public administration.
Jiffry Zulfer
Jiffry Zulfer is a past President of the Digital Chapter of the Federation of Information Technology Industry Sri Lanka (FITIS). He is also the founder and CEO of Digital Mobility Solutions Lanka Ltd., that formed PickMe, the most successful tech-based startup which introduced online ride hailing to Sri Lanka. Zulfer won the National Silver Award at the FCCISL Sri Lankan Entrepreneur of the year 2018, the FCCISL Young Entrepreneur of the Year Award (April 2004) and the ICTA Young IT Professional Award (May 2006) for his efforts in technopreneurship.
Samisa Abeysinghe
Samisa Abeysinghe is a distinguished expert in software engineering, with extensive experience in AI, middleware technologies, full-stack development, and product management. Currently CTO at Avinya Foundation, he focuses on creating digital solutions for educational institutions and leads their IT vocational program. His prior roles include Solutions Architect at ICTA, VP roles in delivery and engineering at WSO2, and technology consultancy. With degrees in Computer Science and Advanced Computing, he mentors extensively on career growth and personal development.
Shanaka Rebel
Shanaka Rebel has 23 years of corporate experience across digital technology solutions, consulting, and leadership roles. Currently, as Group Chief Digital and Transformation Officer at Stretchline Holdings, he leads the Group’s digital vision and transformation towards a smart organization. He specializes in Industry 4.0, data analytics, process automation, and secure API ecosystems. Shanaka holds a Computer Science & Engineering degree from the University of Moratuwa, an MBA from Sheffield University, and a PMP certification, showcasing his dedication to lifelong learning.
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Business
Union Assurance has entered an ‘exciting’ growth phase with a new brand direction, says CMO
by Sanath Nanayakkare
The Island recently had an interview with Mahen Gunarathna, the Chief Marketing Officer (CMO) at Union Assurance, on the company’s strategic brand direction. He emphasised that it is important to identify and understand the needs of the customers in the evolving landscape and put those needs to the forefront with a customer-centric approach.
The following are some excerpts
from the interview.
Q. Union Assurance has introduced a new brand vision and purpose. Can you share about this new direction?
Yes, Union Assurance is excited to share that we are entering an exciting new phase of growth with a new brand direction. As Sri Lanka’s first private insurer, the company has played a vital role in the nation’s socio-economic landscape for nearly four decades, standing by our people in challenging times and celebrating numerous milestones together. Throughout this journey, our brand custodians have built and maintained a strong and impactful presence, with an impeccable track record—which is no easy feat.
Looking ahead, we recognise that the landscape is evolving, particularly in how our stakeholders expect to engage with us. This awareness has led us to align with a new brand vision: empowering human progress by protecting what matters most. We aim to support individuals on their unique journeys of progress, making life insurance more accessible and simplified. Our goal is to provide them with the strength and confidence to thrive in all aspects of life. We firmly believe that individual empowerment is foundational to national development, acting as a catalyst for economic and social progress.
In line with this vision, we are also excited to introduce a new brand purpose: to protect lives and enrich the well-being of everyone, as we understand that these two tenets are essential for empowering progress. This is why our commitment to strengthening the financial, emotional and physical well-being of all is at the heart of what we do
Q. How do you see the relevance of this direction in today’s market landscape?
Our new direction is shaped by three key drivers: first, we are committed to transforming the life insurance experience by creating a unique presence in the sector that goes beyond traditional practices. Second, we know that today’s customers want brands that resonate with their values and make a meaningful impact, and we are dedicated to meet those expectations with authenticity. Lastly, we draw inspiration from Sri Lanka’s resilience and its ability to overcome challenges, ensuring our approach aligns with the nation’s spirit of progress.
Q. Can you share how this new direction will be brought to life?
At the heart of our operations is our newly defined brand purpose which we are committed to delivering through a fourfold approach. The first component involves a deep dive into market insights. Our research revealed that there is a significant shift in how people are approaching life today. More and more, consumers are increasingly adopting a holistic perspective, emphasising the overall quality of their experiences.
Guided by these insights, we are confident that our purpose is highly attuned to the needs of our customers, ensuring they can enjoy their lives to the fullest, supported by a solid safety net. Within this focus, delivering value by strengthening three key pillars, financial, emotional and physical well-being, is central to fulfilling our purpose. These pillars are not just buzzwords for us–they are fundamental to providing everyone with the opportunity to lead a fulfilling life. We genuinely believe that by supporting individuals in these areas, we can help them thrive in all aspects of their lives.
The second component involves bringing our purpose to life through our commitment to creating awareness. We are passionate about advocating for and educating our customers on various aspects of our well-being pillars to improve the quality of their lives. Our goal is to inspire meaningful behavioural changes through enhanced knowledge and understanding. To achieve this, we have developed a range of resources tailored to our customers. We also understand that even within our main audience, there are distinct micro-segments with unique needs and preferences. That is why we have been intentional about creating customised assets that effectively educate these specific groups. By taking this nuanced approach, we are able to connect more effectively and make a real difference in their lives. We believe that when our messaging resonates on a personal level, it truly inspires change.
Thirdly, we place a strong emphasis on providing actionable programmes and tools that facilitate behavioural changes that are aligned with our awareness-raising efforts. At Union Assurance, we pride ourselves on being at the forefront of innovation in the insurance sector, driven by our commitment to providing customers with best-in-class services. Through innovative technologies, diverse platforms and regional initiatives, we create experiences that enrich lifestyles and equip our customers to navigate their journeys of progress.
A prime example of this is our mobile application, Clicklife. This is the most comprehensive lifestyle and self-empowering app in the industry, with a suite of innovative features designed to help customers enrich their well-being. Among its many novel features, the app includes an AI-driven calorie counter that enables users to measure the nutritional value of their meals. Additionally, it incorporates gamified elements that encourage movement, impacting users’ physical well-being. Our recent addition to the app is the Digital Loyalty Rewards Programme, which is a first of its kind in the industry, allowing users to earn rewards worth millions while ensuring their families’ financial well-being. Ultimately, we believe that by integrating technology with personalised support, we can empower individuals to take charge of their well-being.
Moreover, we recognise the importance of looking beyond just business interests to make a positive impact on society as a whole. That is why we have adopted a strong value-creative strategy focused on enriching community well-being for the betterment of everyone, while also acting as a catalyst for social progress. This commitment is evident in our CSR strategy, where we tackle core issues affecting communities at large and provide nationwide support. One example of this is our flagship CSR initiative, Suwamaga, which addresses the growing concern of diabetes in Sri Lanka. Our comprehensive approach includes raising public awareness, promoting active lifestyles, facilitating early detection and management, and providing tools for community engagement. With its structured framework and ambitious goals, Suwamaga aims to create lasting societal change.
To complete the cycle, the fourth component involves looking at tracking the impact we create. By regular monitoring, we ensure that the value we intend to create has been delivered. We are also in the process of strengthening this robust ecosystem across all its components to ensure our customers have the support they need strengthen their holistic well-being. We’re excited to continue this journey and witness the positive impact it has—not just in empowering individual lives, but in fostering more resilient and progressive communities.
Q. How do you envision the role of technology in taking the Union Assurance brand moving forward?
Technology plays a crucial role in shaping the brand experience in the life insurance industry, and we can break it down into three key areas. First, it enhances our understanding of customer needs and behaviours through data analytics and AI. Such deeper insights allow us to tailor our offerings more effectively, ensuring that we meet our customers where they are.
Second, as media consumption evolves—especially among younger demographics—we need to adapt our communication strategies. While television still has a stronghold in Sri Lanka, there is a growing demand for engagement via social media. By leveraging technology, we can craft seamless omnichannel experiences, connecting with customers across various platforms and making it easier for them to interact with our brand.
Thirdly, technology significantly improves the overall experience customers have throughout their journey. One aspect of it is at the purchase stage. Today’s customers are looking for simplified and easily accessible purchase journeys, often relying on online platforms for product awareness and research. By developing a clear digital strategy to reach specific segments and utilising digital media, we can overcome traditional barriers and engage new customer segments that were previously hard to reach.
Customer service is another critical aspect of the brand experience. Traditionally, life insurance has been seen as less engaging, with minimal interaction after the purchase, except during claims. However, new customers expect higher levels of engagement and value beyond what traditional life insurance offers. To meet these expectations, companies need to leverage technology and digital tools to provide personalised and engaging services. By using digital assets and interactive platforms, we can bridge the gap between customers and the company, fostering stronger relationships and building customer loyalty.
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