HNBA News

HNB Assurance PLC (HNBA) and HNB General Insurance Limited (HNBGI), kick started 2022 on a positive note, celebrating many milestones achieved in 2021. The highlight of the celebration was the appointment of Lasitha Wimalaratne as Chief Executive Officer of HNB Assurance PLC and Sithumina Jayasundara as Chief Executive Officer of HNB General Insurance Limited. The First Working Day event of HNBA and HNBGI was graced by the presence of the Group’s Chairperson, Mrs. Rose Cooray, the newly appointed CEOs, members of the Executive Committee and other distinguished guests. Both HNBA and HNBGI ended the year on a positive note and has put in place effective customer-centric strategies for 2022 to take both businesses to new heights, seizing new markets with high growth potential. Both Life and General Insurance businesses remain focused on taking care of its customers by delivering value as well as superlative returns to all its stakeholders and building both businesses through innovation, technology transformation and agile business practices. HNB Assurance PLC (HNBA) is one of the fastest growing Insurance Companies in Sri Lanka with a network of 63 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+' (ka) 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.

HNB Assurance PLC (HNBA) announced the appointment of Mr. Lasitha Wimalaratne as its Chief Executive Officer effective January, 1st 2022. Mr. Wimalaratne, an alumnus of Mahinda College, Galle is decorated by a professional profile spanning over 24 years out of which he holds 21 years of experience in Life Insurance Operations and Sales inclusive of 07 years at AIA Insurance Sri Lanka, whilst also gaining 03 years of Marketing and Sales exposure in London. Prior to joining HNB Assurance PLC in 2019, Lasitha conducted duties as the General Manager - Life Operations and Specified Officer at Softlogic Life Insurance PLC. Having joined HNB Assurance PLC as its Deputy Chief Operating Officer, Lasitha was promoted to the position of Chief Operating Officer and Principal Officer in 2020. Having graduated from the University of Sunderland, UK with a Bachelor of Arts Degree in Business Studies, Lasitha obtained his Master of Business Administration Degree from the University of Wales, UK. A Chartered Insurer and a Fellow Member of the Charter Insurance Institute, UK (FCII), Mr. Wimalaratne is also a Fellow Member of the Australian and New Zealand Institute of Insurance and Finance (AZIIF-Fellow) and an Associate Member of the Chartered Institute of Marketing, UK (ACIM). Mr. Wimalaratne is the current Secretary of the Insurance Association of Sri Lanka (IASL), and is the immediate Honorary Past President of the Sri Lanka Insurance Institute (SLII) and has been serving SLII as a Council Member from 2011. Moreover, he was also the Founder Secretary General of the Association of Chartered Insurance Professionals (ACIP) and was a Council Member of ACIP until March, 2021. Mr. Wimalaratne has been a part of several local and international Insurance Seminars and has been a Guest Speaker and a Panelist at several Conferences including the Insurance Claims & Underwriting Management Asia Summit 2017 which was held in Singapore and he was the first to publish a book on insurance in a local context, titled “Jeewitha Rakshanaye Asiriya” which highlights the importance and benefits of Life Insurance. HNB Assurance PLC (HNBA) is one of the fastest growing Insurance Companies in Sri Lanka with a network of 63 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+" ((ka) 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.

Chief Human Resources Officer of HNB Assurance PLC (HNBA) and HNB General Insurance Limited (HNBGI), Mr. Dinuka Pattikiriarachchi has been recognized among the top 20 most influential HR leaders in Sri Lanka by PeopleHum the next generation people engagement platform. Mr. Dinuka Pattikiriarachchi is a professional with over 19 years of experience in the field of human resources. He is a self-driven professional, a mentor with true people centric ethos and strong work ethics known for a being a critical contributor providing leadership at all organisational levels.   Speaking about this achievement, Chief Executive Officer of HNB Assurance PLC and its fully owned subsidiary HNB General Insurance Limited, Mr. Prasantha Fernando stated, “We sincerely wish to congratulate Dinuka for yet another achievement to have been named among the top 20 most influential HR leaders in Sri Lanka and bring pride to both companies, it is indeed a proud moment for all of us”. Sharing his thoughts Mr. Dinuka Pattikiriarachchi said “I personally do not believe in awards and accolades. However, such are part of corporate life, and I am honored and humbled by this recognition. However, the best recognition one could have is seeing the difference she/he has made in transforming organizations, changing lives and developing people. Perhaps I may have done that to some extent, but  it’s never enough. We need to put our heads down and continue!”. Speaking further Mr. Pattikiriarachchi added “I take this opportunity to thank all the organizations I have worked with thus far; Institutions I have gained knowledge through and each and every individual who had worked with me for the recognition I have received. Human Resource Management is about people and without them you are just nothing.” HNB Assurance PLC (HNBA) is one of the fastest growing Insurance Companies in Sri Lanka with a network of 63 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.