Connect with us

News

HNBA and HNBGI Celebrate Insurance Month with a Renewed Pledge to Protect

Published

on

As the nation joins hands to celebrate Insurance Month, HNB Assurance (HNBA) and its fully owned subsidiary, HNB General Insurance (HNBGI), stand at the forefront of the celebrations, highlighting their steadfast commitment to safeguarding the well-being and aspirations of all Sri Lankans. HNBA and HNBGI, two relatively young companies have made impressive strides in terms of growth over the past couple of years, which is a testament to the trust earned by the two companies within a short span of time.

At the heart of this year’s celebration, for both HNBA and HNBGI, lies a focus on innovative insurance offerings that cater to the many requirements and needs of all Sri Lankans. From health to home, travel to trade, savings to investments, both HNBA and HNBGI have crafted solutions that anticipate risks, adjust to changing times and ensure that every policyholder receives the protection they need and deserve.

Mr. Lasitha Wimalaratner, CEO of HNB Assurance, stated “Insurance month is about us as an industry being able to come together and remind ourselves and reaffirm our commitment of the service we offer. As we celebrate and reflect on the importance of insurance, we want our stakeholders and customers at HNB Assurance to experience value and perceive insurance beyond just a transaction. We firmly believe that insurance, as an offering, can be a national service that significantly contributes to the country’s resilience and growth.

This belief has been the driving force behind our continuous efforts towards product innovation and excellence. One remarkable outcome of this commitment is our premium health product, Supreme Health Unlimited, which stands arguably as the best in the market. Furthermore, our remarkable growth in the Advisor and Bancassurance channels have garnered international recognition. We are honored to have secured the Best Bancassurance Award for three consecutive years. While our Innovative Distribution Initiatives have also been acknowledged by Insurance Asia Awards 2023, where we were bestowed with the Most Innovative Distribution Initiative Award. These accolades reinforce our commitment to not only serve and address the insurance needs of our customers but also reshape the industry with groundbreaking initiatives.

Mr. Sithumina Jayasundara, CEO of HNB General Insurance, said, “I believe our role and aim as a company is to provide a sense of security for our customers in an unpredictable world. This is why we continuously develop insurance products that not only offer financial protection but also align with emerging trends. As an industry, it is clear that we have come a long way, especially over the past couple of years, where we have been predominantly driven by technological advancements. I believe HNBGI stands as a prime examples of how a company can adapt, innovate and thrive in today’s digital age, even while confronting tough economic challenges.

As we celebrate Insurance month, I would like to remind myself and all our stakeholders that our responsibility as an organization extends beyond just policy documents. It’s about trust and partnership. This is why we have been able to grow year on year, quarter on quarter at almost twice the industry growth rate. Furthermore, I’m excited to share the news of a new product launch expected later this month, which will revolutionize our motor insurance offering. Lastly, as Sri Lanka strives towards economic recovery, HNBGI remains dedicated to empowering individuals and businesses of all sizes. Our focus is on providing customized insurance offerings that safeguard our customers, whereby enabling our country’s economic growth.

HNB Assurance PLC (HNBA) is one of the fastest growing Insurance Companies in Sri Lanka with a network of 64 branches. HNBA is a Life Insurance company with a rating of ‘A-’ (lka) by Fitch Ratings Lanka for ‘National Insurer Financial Strength Rating’. Following the introduction of the segregation rules by the Insurance Regulator, HNB General Insurance Limited (HNBGI) was created and commenced its operations in January 2015; HNBGI continues to specialize in motor, non-motor and Takaful insurance solutions and is a fully owned subsidiary of HNB Assurance PLC.

HNB General Insurance has been assigned a ‘National Insurer Financial Strength Rating’ of ‘A-’ (lka) by Fitch Ratings Lanka Limited. HNBA is rated within the Top 100 brands and Top 100 companies in Sri Lanka by LMD and HNB Assurance has won international awards for Brand Excellence, Digital Marketing and HR Excellence including the Great Place To Work® Certification, and won many awards for its Annual Reports at award ceremonies organized by the Institute of Chartered Accountants of Sri Lanka.



Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Workshop Explores Integration of Enterprise Development Programmes with the “Prajashakthi” National Movement

Published

on

By

A special workshop was held today (06) at the Presidential Secretariat to explore the possibility of integrating programmes currently implemented by state institutions that directly contribute to enterprise development with the “Prajashakthi” National Movement.

Discussions focused on identifying development projects undertaken by government institutions for micro, small and medium-sized enterprises (MSMEs) and incorporating relevant information into a unified data management system.

Attention was also directed towards formulating a strategic framework for the coordinated implementation of these programmes, as well as identifying the nature, scope and eligibility criteria of the initiatives carried out by the respective institutions.

The participating government officials were further briefed on the criteria for selecting beneficiaries for programmes directly related to enterprise development.

In addition, discussions centred on identifying programmes that could be implemented independently or jointly by the relevant state institutions and the “Prajashakthi” National Movement. Particular attention was paid to preventing duplication and overlap in programme selection and implementation.

Senior Additional Secretary to the President Kapila Janaka Bandara, Secretary to the Ministry of Rural Development, Social Security and Community Empowerment Sampath Manthrinayake, resource persons Kalum Jayaveera and Madhava Muthukudaarachchi, officials of the Ministry of Rural Development, Social Security and Community Empowerment, government officials, and representatives of the Prajashakthi Secretariat were among those who attended the workshop.

(PMD)

Continue Reading

News

Pakistan naval trio leaves Colombo after goodwill visit

Published

on

By

Wrapping up their goodwill and replenishment visit, the Pakistan Navy ships ‘PNS Taimur’ and ‘PNS Aslat’, along with the submarine ‘PNS/M Hangor’, departed the island on 04 Jun 26. The naval units, which arrived in Sri Lanka on 01 June, were accorded a traditional naval send-off by the Sri Lanka Navy at the Port of Colombo, upon their departure.

During their stay, the Commanding Officers of Pakistan Navy ships and submarine called on the Commander Western Naval Area and the Flag Officer Commanding Naval Fleet at the Western Naval Command Headquarters, where discussions were held on several matters of mutual interest.

Meanwhile, Sri Lanka Navy personnel had the opportunity to visit the visiting Pakistan Navy ships and submarine. Furthermore, the crews of the visiting vessels explored the rich heritage of Sri Lanka, taking time to tour several culturally significant landmarks across the island.

Continue Reading

News

China, Lanka intensify cooperation to fight cross-border crimes spreading across Asia and beyond

Published

on

China and Sri Lanka have intensified joint law enforcement efforts to combat cross-border online gambling and telecom fraud, crimes that authorities warn are increasingly spreading across Asia and beyond.

The Chinese Embassy in Colombo said both countries are working closely to dismantle scam centres and fraud networks that have relocated to Sri Lanka from other parts of Southeast Asia. The Embassy noted that such operations often intertwine with human trafficking and other serious crimes, posing grave risks to public security and social stability.

China’s position on cross-border gambling remains firm: Chinese capital is prohibited from investing in overseas casinos, citizens are barred from operating them, and foreign casinos are forbidden from soliciting Chinese nationals. The Embassy stressed that gambling “almost invariably leads to financial ruin,” with tens of thousands of Chinese citizens suffering losses and harm. Recent amendments to China’s Criminal Law have criminalised cross-border gambling activities.

The Embassy pointed out that Sri Lankan authorities have carried out multiple raids in recent months, dismantling gambling and fraud dens and arresting suspects from several countries. Several Chinese nationals, involved in fraud-related crimes, have been handed over to Chinese authorities, producing what officials described as a strong deterrent effect.

The Chinese Embassy praised the efforts of Sri Lanka’s ministries of Foreign Affairs, Finance, and Public Security, particularly immigration and police officials, for their cooperation.

It warned that without firm and immediate measures, the spread of illegal gambling and fraud could damage Sri Lanka’s international image, undermine social stability, and harm the safety and security of its people.

China has already conducted similar law enforcement cooperation with countries including Spain, the UAE, Myanmar, and Cambodia, leading to arrests and repatriations of overseas fraud suspects. It has also proposed the creation of an international alliance against telecom and online fraud to coordinate global efforts, it said.

Going forward, China pledged to actively implement the Global Security Initiative and Global Civilization Initiative, while continuing to deepen law enforcement and security cooperation with Sri Lanka.

The Embassy said these efforts aim to safeguard lives and property, protect financial security, and build a “clean, safe, and beautiful Sri Lanka,” while contributing to a new global framework for combating transnational crime.

Continue Reading

Trending