HNBA News

Paying tribute to the gracious spirit of womanhood, HNB Assurance PLC and its fully owned subsidiary HNB General Insurance Limited announced the launch of Liya Harasara for the 9th consecutive year. Liya Harsara is an exclusive offering with a number of special benefits offered to all women in commemoration of International Women’s Day. Sharing his views, Mr. Prasantha Fernando, Chief Executive Officer of HNBA and HNBGI stated, “It is no secret that women are the backbone of any household and therefore take on a pivotal role in uplifting the quality of life of the family first, and also contributing immensely to societal and economic upliftment. A woman plays multiple roles in today’s society from being a caring daughter, to a loving mother, to a fearless leader and thereby strengthening and supporting those around her. Liya Harasara is our way of thanking all ladies and paying tribute to the unbreakable spirit of womanhood, so that you are very well protected and empowered to go beyond all boundaries to achieve the impossible”. Lasitha Wimalaratne, Chief Operating Officer of HNBA stated, “We are indeed pleased to launch Liya Harasara for the 9th consecutive year.  Over the years Liya Harasara has become one of the well sought after benefits in our portfolio. This year’s edition of Liya Harasara offers a range of special insurance benefits and in addition, HNBA and HNBGI have partnered with Durdans Hospital, Vision Care, Swarnamahal Jewelers, DoubleTreee by Hilton Weerawila and Singer Plus to offer exclusive discount schemes to Policyholders”. Chief Operating Officer of HNBGI, Sithumina Jayasundara stated, “Women are the center of our homes, society and economy and we have come together as a Group to honor and praise the unbreakable spirit of womanhood. We firmly believe that these special benefits would add value to the livelihoods of women and would boost their confidence to take on the challenges of tomorrow”. The 9th edition of ‘Liya Harasara’ will offer an additional Free Life Cover of up to Rs. 1 Million for one year from HNB Assurance for Regular Premium Life Insurance policies. Moreover, a Daily Benefit for child birth and pregnancy related hospitalisation subject to maximum of 3 days per year would be offered to the Policyholder and a gift voucher worth of Rs. 5,000/- for one child birth between 8th March to 31st December 2021, if Hospitalisation Benefit is taken and Policy being in force. In addition, ‘Liya Harasara’ offers a free Personal Accident Cover up to Rs. 500,000 for every Motor Insurance Policy obtained by females from HNBGI. ‘Liya Harasara’ policy holders will also benefit from a range of special discounts from Durdans Hospitals, Vision Care, Swarnamahal, DoubleTree by Hilton Weerawila and Singer Plus.

"HNB Assurance PLC (HNBA) and its fully owned subsidiary HNB General Insurance Limited (HNBGI) received the Great Place To Work® certification for the review period of 2020, and was elected as Best Workplaces among the Top 40 Best Workplaces in Sri Lanka. Sharing his views on the two Companies’ continuity in being best workplaces, Chief Executive Officer of HNBA and HNBGI Mr. Prasantha Fernando stated “Being elected as Best Workplaces is a great validation for the two Companies, as we are one family who are very attentive towards each other’s needs. It determines how well the Group has been true to its vision and core values, and also affirms that our people are happy and approve the Companies as their choice of an employer. In a challenging year, we have remained connected with our teams assuring them steady growth, and most of all, their place with us. Our actions during the Pandemic would speak volumes towards our commitment to our employees as we strongly believe actions would speak louder than mere words. I am confident of a bright and prosperous future together for HNBA and HNBGI, and I thank all the staff members for placing their confidence in the Company”. Chief Human Resources Officer of HNBA and HNBGI, Mr. Dinuka Pattikiriarachchi also extended his sincere thoughts stating, “ A great workplace and a culture is not an overnight outcome. Rather it is a result of good leadership, long term planning and sustained practices.  What we have been awarded is a recognition of that. However, that does not mean we stop here. We will continue to invest in our efforts to create the best workplace one could hope to work for. I like to congratulate all the staff members of HNBA & HNBGI as this is their award which I was privileged enough to receive on behalf of them”. 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.

HNB Assurance PLC (HNBA), a leading Life Insurance service provider together with its fully owned subsidiary, HNB General Insurance Limited (HNBGI), a fast-growing General Insurance Company has surpassed the Rs. 10 Billion mark in terms of its turnover for the year ended 31st December, 2020. Mr. Prasantha Fernando, Chief Executive Officer of HNBA and HNBGI shared his thoughts stating, “The HNBA Group kickstarted the new year with this remarkable achievement under its belt despite the impact of an ongoing global pandemic. The Group was able to achieve this covetous milestone in terms of its Gross Written Premium (GWP) as a result of a well curated business strategy, service excellence, product deliverables to suit the needs of our customers, an efficient claims settlement process, all delivered by a team of happy and motivated employees. The Management is indeed grateful to have witnessed this achievement especially during these testing times”. Sharing his views, Mr. Lasitha Wimalaratne, Chief Operating Officer of HNBA stated, “HNBA as a leading Life Insurer has stood by its promise to take good care of its customers and its employees especially in an extremely volatile and challenging environment, and being at the forefront  of a competitive industry, HNBA has exercised excellent business strategy, product innovation and service enhancement initiatives to deliver outstanding returns to all stakeholders. As an entity that holds great responsibility within the financial services sector of the country, achieving the Rs. 10 Billion mark during a time of economic uncertainty has aptly demonstrated the Group’s agility and business strategies executed meticulously to transform unprecedented challenges into opportunities. Thus, this is a brilliant testament to the Group’s growth and firm footing in the market. I’m thankful to the dedication and commitment of our dynamic teams, and for their fabulous drive to achieve the impossible”. Mr. Sithumina Jayasundara, Chief Operating Officer of HNBGI mentioned, “Surpassing the Rs. 10 Billion mark in revenue generation was a landmark achievement gained by the collective efforts and contribution of the agency channel, corporate sales unit, takaful unit, broker and leasing channels. It surely is a massive achievement for any entity, especially considering the current economic backdrop. Our invaluable stakeholders have placed immense trust and confidence in the firm partnership that we have cultivated with them over time, and this achievement sets out our unparalleled strength, reliability and continued dedication to deliver. As we ring in 2021, we firmly believe that HNBA and HNBGI, as innovative and responsible insurance service providers will strive to deliver even better, achieving greater stability and growth in accordance with the new benchmarks set in the industry. Every single employee of the Company has contributed to this significant achievement and the Management of HNBGI is thankful, and remains confident of the future outlook of the Company”. 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.