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Fairfirst Insurance among Top Insurers Across Asia Pacific

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From Left: Dr. Sanjeev Jha, Managing Director & CEO, Fairfirst Insurance and Manjari Kumarage, Head of Human Resources, Fairfirst Insurance.

Fairfirst Insurance has been recognized as a top insurer to work for across the Asia Pacific. In fact, it is the only Sri Lankan company listed in the ‘2020 Top Insurance Workplaces in Asia-Pacific’ by Insurance Business Asia. This is another global recognition for Fairfirst and comes a few months after they won the ‘Most Innovative’ award across the Fairfax Group of companies located around the globe.

Fairfirst has always believed that while they may never become the world’s biggest insurer, nothing can stop them from being the best, in the world. And this recent recognition is yet another milestone surpassed in their journey to be the best.

Managing Director & CEO of Fairfirst Insurance, Dr. Sanjeev Jha commented, “We are proud to be the only Sri Lankan company to be ranked among the best insurance workplaces across the Asia Pacific. This is a moment of bright optimism and reinforces our belief in each other and in our hard work-culture which makes it possible for us to nurture the goodness in what we do.”

Being distinguished as a top workplace has further strengthened the Fairfirst brand as an employer of choice in beautiful Sri Lanka and as a distinctive insurer across the region. The company stands among 20 other global insurance giants in the industry as the only Sri Lankan brand, where performance was judged in several areas, including remuneration, training and professional development, diversity and inclusion, culture and access to technology. The weight of these metrics was amplified by how they showcased their strengths during challenging times by not just supporting impacted customers, but also ensuring that colleagues remained safe and healthy, engaged, and productive. And optimistically enough, Fairfirst has become one of those distinctive companies.

Adding on to this exciting news, Head of Human Resources Fairfirst Insurance, Mrs. Manjari Kumarage stated, “Everyone faced their own challenges during the pandemic, however the strength in overcoming those challenges was key. Our utmost priority remained in crafting an environment where our colleagues can be the best at what they do. Staying true to our values and being optimistic to be the best is what we always strive for. We have an amazing work culture because we have amazing colleagues whose commitment and support never wavered.”

Fairfirst Insurance Limited, is part of the global Fairfax Group. The Group is a leading property and casualty insurer, reinsurer and investment manager, headquartered in Toronto, Canada. Fairfirst is today among the top general insurance companies of Sri Lanka and is recognised as the only

Sri Lankan company amongst the 2020 Top insurance global giants in Asia-Pacific. Fairfirst serves individuals, businesses and institutions across this beautiful island through a versatile workforce spread across the comprehensive branch network, affinity partners and brokers in Sri Lanka.

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A ‘phygital’ experience at HSBC Premier Centre in Pelawatte

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With the demographic equation changing and the mass affluent customers now also choosing to live in the suburbs, HSBC is gearing its branches of the periphery of the city to service customers in this segment.

Pelawatte has become the latest HSBC branch to be upgraded to be an exclusive Premier Banking Centre to meet the growing demand of the affluent population in the residential hub of the Colombo metro region.

The newly refurbished Premier Centre was declared open by Mark Prothero, CEO for HSBC Sri Lanka and Maldives. Also present was Nadeesha Senaratne, Country Head of Wealth & Personal Banking, together with senior management and staff.

Nadeesha Senaratne, said, “HSBC has established a long history of 128 years in Sri Lanka, and in the past few years we have seen the value of strategically expanding to meet the specific needs of our customers.”

HSBC’s Pelawatte branch was opened in 1998 and is conveniently located at no 418B Battaramulla – Pannipitiya Road, Battaramulla which currently serves a diverse portfolio of retail banking customers. With the new improvements undertaken, HSBC hopes to provide customers with an inclusive banking service, and attract potential new customers with its Premier banking proposition and worldwide banking service, within the expanding residential neighborhood.

The Premier Centre in Pelawatte models HSBC’s flagship Premier Centre located in Flower road- Colombo 7, with an expansive ‘open’ space concept for casual open dialog with customers. The space has been optimized to enhance the customer experience by providing a ‘phygital’ banking experience with private meeting rooms specially designed to give customers an exclusive banking service with the assistance of a dedicated Relationship Manager. It also features video conferencing facility, which enables customers to connect with their Premier RM’s internationally, while enjoying the highest standards of privacy. Customers can walk out of the branch with the ‘Bank in their pocket’ by opening an account in less than an hour and begin transacting digitally, almost instantly.

(HSBC)

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SLT & Mobitel successfully conclude digitization of Lankagama Village

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Fulfilling its role as the nation’s pioneer in Telecommunication Services, the SLT Group successfully completed the President’s directive of providing high-speed connectivity solutions to the Lankagama Village recently.

An event was held to mark this proud achievement on 20th September 2020 in the presence of Oshada Senanayake – Director General of the Telecommunications Regulatory Commission of Sri Lanka (TRCSL), Lalith Seneviratne – Group CEO of SLT & Mobitel, Kiththi Perera- Chief Executive Officer of SLT, M.B.P. Fernandez – Chief Operations Officer of SLT, Prabath Dahanayake – Chief Marketing Officer of SLT, Sudarshana Geeganage – Chief Financial Officer of Mobitel, Shashika Senerath – Chief Marketing Officer of Mobitel, Rasantha Hettithanthrige – Senior General Manager, Engineering & Operations at Mobitel along with SLT & Mobitel technology partners Huawei, ZTE and the community.

The SLT Group provided high-speed 4G/LTE broadband and enhanced voice services within record-time despite the fact that the Lankagama Village is located at the southern boundary of the Sinharaja Rain Forest, in the Neluwa Divisional Secretariat, Galle District; posing severe logistical challenges. Further, the SLT Group also offered SMART classroom solutions consisting of tabs, laptops and school supplies including stationery thereby opening up a world of possibilities for the students in the remote village. (SLT)

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Local tyre manufacturers say ‘no need’ to import motorcycle and three-wheeler tyres

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by Sanath Nanayakkare

Local tyre manufacturers request the government not to import motorcycle and three-wheeler tyres as they have the capacity to supply locally produced premium quality tyres for the segment, without leaving room for any supply shortage in the market.

“We have the combination of quality and technology to meet the demand in the market”, a leading local tyre manufacturer said.

“We have the capacity to meet the local demand for motorcycle and three wheeler tyres and we are already supplying the products to the market, fully meeting its demand,” they said.

“In 2019, Rs. 1,062 million worth motorcycle and three-wheeler tyres and tubes were imported to the country. This means we are able to save Rs. 1,062 million in foreign exchange this year by producing all of these locally”, they pointed out.

“We produce sufficient quantities of high-demand tyres for the local market without any supply shortage. We are supportive of the government’s drive to encourage Sri Lankan companies to manufacture goods that can be manufactured in Sri Lanka. We request the continued support of the government to keep our efforts up in this direction,” they said.”Only a few types of tyres of special sizes are not produced locally. Those products are imported in small numbers. There is lesser demand for these tyres as they are not widely used”, they said.

“Apart from establishing ourselves in the local market, we are in the process of further improving our production capacity to boost our current export volumes. As a result of it, we will be able to create new jobs for thousands of Sri Lankans”. they said.

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