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HNB General Insurance enters a strategic partnership with HNB Stockbrokers to offer holistic financial solutions

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HNB General Insurance Limited (HNBGI) has entered into a landmark strategic partnership with HNB Stockbrokers (Pvt) Ltd, marking a significant milestone in the HNB Group’s mission to provide seamless, comprehensive financial services via enhanced group synergy.

The collaboration is designed to offer specialized general insurance solutions directly to the customers of HNB Stockbrokers, ensuring that investors can protect their assets and lifestyles with the same expertise used to grow their wealth. This integration reflects “Group Synergy in Action,” aligning the collective strengths of the HNB ecosystem to deliver superior value and convenience to its diverse clientele.

The official agreement was signed at a ceremony attended by Sithumina Jayasundara, Director/CEO of HNB General Insurance; Ray Abeywardena, MD/Group CEO of HNB Investment Bank; and Prashan Fernando, Director/CEO of HNB Stockbrokers.

By combining HNB General Insurance’ robust insurance portfolio with HNB Stockbrokers’ deep-rooted relationship with the investor community, the partnership creates a one-stop financial ecosystem. This move simplifies access to protection products – ranging from motor and home insurance to specialized corporate covers – tailored to the needs of sophisticated investors.

Sithumina Jayasundara, Director/CEO of HNB General Insurance, commented on the partnership, “At HNB General Insurance, we believe that true financial security is two-fold, growing your assets and protecting them. This partnership with HNB Stockbrokers is a perfect example of HNB Group’s synergy in action. By integrating our insurance expertise into the stockbroking journey, we are making it easier than ever for our clients to access client-focused protection that secures their future and their families.”

Prashan Fernando, Director/CEO of HNB Stockbrokers, added “Our commitment has always been to provide our clients with more than just a trading platform; we aim to be their total financial partner. Collaborating with HNBGI allows us to enhance our value proposition significantly. We are now able to offer our clients a more holistic service, ensuring that while they focus on building their portfolios, their broader insurance needs are being met by one of the most trusted names in the industry.”

This partnership serves as a blueprint for how the HNB Group continues to evolve. By breaking down silos between banking, investments, and insurance, the Group is creating a more resilient and integrated service model. This strategic alignment not only strengthens the Group’s internal cohesion but, more importantly, ensures that the end customer benefits from a more efficient, sophisticated, and comprehensive financial journey.



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Business

From Mt. Fuji to Sri Pada: Lessons from a father-son climb

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by SK Samaranayake

For Daham Gunasena, reaching the summit of Mt. Fuji with his 12-year-old son was not the end of the journey but the beginning of a different kind of lesson.

Gunasena, Director – Commercial at SPAR Sri Lanka and a senior business leader, academic and Chartered Accountant, spent nearly 12 hours on August 19 climbing Japan’s highest mountain with his son, Methum. After eight hours of climbing, the pair reached the 3,776-metre summit before beginning a demanding four-hour descent to Fujinomiya 5th Station.

“The summit was only halfway,” Gunasena reflected, describing the experience as a lesson in preparation, perseverance and responsibility.

Their journey began two days earlier with a trial excursion to the 6th Station and the volcanic landscape around Mt. Hoei. The experience allowed Gunasena to assess the altitude, terrain, weather and equipment before deciding whether his son was ready for the summit attempt.

The climb itself reinforced the value of taking one step at a time. Rather than focusing on the distant summit, father and son concentrated on the next marker, the next few steps and short periods of rest.

Reaching the summit brought another lesson. After taking photographs and celebrating, they still had four hours of descent ahead of them over loose volcanic terrain.

“Reaching the top was an achievement. Returning safely was success,” Gunasena said.

The experience also prompted him to reflect on how Japan manages Mt. Fuji, including visitor education, digital information, sanitation, transport, safety and environmental protection.

Having climbed Sri Pada 12 times last year and five times so far this year, Gunasena sees opportunities to apply some of these principles in Sri Lanka without compromising the mountain’s unique pilgrimage traditions.

He suggested a comprehensive digital platform for Sri Pada providing information on weather, congestion, transport, sanitation, first aid and emergencies, while educating foreign visitors about its religious significance.

For Gunasena, however, the most enduring lesson was personal: a mountain can teach what lectures cannot—through preparation, perseverance, respect for nature and the shared experience of taking each step together.

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FLIR, Marlbo promote smarter industrial maintenance

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Sri Lankan industries are being encouraged to adopt advanced condition monitoring technologies to detect equipment problems before they develop into costly failures, as global technology company FLIR and its local partner Marlbo Trading Company strengthen their collaboration.

The companies brought together industry professionals at a technical seminar held on August 20 at Taj Samudra, Colombo, focusing on the use of thermography and acoustic imaging to reduce unplanned downtime, improve energy efficiency and lower maintenance costs.

Organised by Marlbo under the theme “Condition Monitoring Using Thermography and Acoustic Imaging for Measurable ROI,” the seminar highlighted the growing importance of proactive and predictive maintenance in improving equipment reliability and operational efficiency.

FLIR Sales Director – Instrumentation, India, Bhaskar Lala, and APAC Condition Monitoring Specialist David Gambarte shared their expertise on the latest diagnostic technologies and their practical industrial applications.

Thermal imaging can identify abnormal heat patterns linked to electrical and mechanical faults, while acoustic imaging can detect problems that may go unnoticed during routine inspections.

The technology is particularly useful in identifying compressed-air leaks, which can cause significant energy losses and increase operating costs.

Shevon Liyanage, Engineer – Measuring Instruments at Marlbo, also shared insights into applying condition monitoring technologies in the Sri Lankan industrial environment.

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Lumbini Tea Valley wins intl award for Singharaja Wirytips

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Chaminda Jayawardana receiving the award

Lumbini Tea Valley Ceylon won an award for its Singharaja Wirytips at The Leafies: International Tea Awards held in London in 2024, marking another international recognition for the Sri Lankan tea producer.

The award comes as the company marks two decades of direct exports, with its premium and organic Ceylon teas now reaching 35 countries across six continents.

Established in 1984, Lumbini Tea Valley began its direct export drive after Chaminda Jayawardana joined the family business in 2000 alongside his father, Dayapala Jayawardana. The initiative materialised in 2006 with the company’s first direct shipment—a 15-kilogram consignment of Flowery Broken Orange Pekoe (FBOP) tea to the United States.

Since then, the company has expanded its direct-export operations, which now account for around 20% of its total manufacturing output. Following its transition to organic production, approximately half of its organic tea output is exported directly by the company.

Its key export markets include Japan, the United States, France, the Netherlands, Switzerland and Australia, with direct shipments now reaching 35 countries.

The company said its direct-export model would continue to expand amid growing international demand for traceable, single-origin Ceylon tea, with premium and organic grades at the centre of its export strategy.

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