HNBA News

HNB Assurance Group bagged another Gold Award for its 2017 Integrated Annual Report, themed „The Winning Formula‟. The HNBA Group seized this topmostaward in the Insurance Companies Category at the 54thAnnual Report Awards Ceremony, organized by the Institute of Chartered Accountants of Sri Lanka. Sharing his views, Managing Director/CEO of HNB Assurance PLC (HNBA) and its fully owned subsidiary  HNB General  Insurance  Limited  (HNBGI),  Mr.  Deepthi  Lokuarachchi  stated  “the annual  report  of  an  entity  is  the  single  most  important  document  and  is  a  vital  part  of  a company‟s integrative communications process. Everyannual report presents an opportunity to  communicate  the  strategic  direction,  financial  position  and  valuesof  the  companyto  all stakeholders.   Over  the  years,  HNBA  Group  has  won many  honorsfor  its  integrated  annual report  and as  a  business  in  the  financial  market,  the  annual  report  of  the  Groupensures transparency, sustainable reporting and good governance” Mr. Lokuarachchi further added, “we are indeed pleased to be recipient of this year‟s Gold Award and this is a testament to the Group‟s efforts in setting new benchmarks in corporate reporting”. Chief Financial Officer of HNBA and HNBGI Mr. Indika Perera thanked the project team stating, “this is another successful outcome of adedicatedteam  of  passionate  individuals  working determinedlyin  completing  the  Group‟s  Annual  Report.   This   accoladerecognizes   the commitment and dedication of the project team and the Group is pleased on the efforts of the project team”.

HNB Assurance PLC (HNBA) and its fully owned subsidiary, HNB General Insurance Limited (HNBGI), welcomed the new year at a simple ceremony where Managing Director/CEO, Mr. Deepthi Lokuarachchi and the EXCO articulated the deliverables and outcomes that are part of its „Vision 2020‟ and has been crafted with the sole aim of setting new benchmarks and standards in the industry and envisages in reaching new milestones in its journey. Sharing his thoughts on the journey of HNBA Group during 2018, Managing Director/CEO of HNBA and HNBGI Mr. Deepthi Lokuarachchi stated “2018 has been a challenging year across the industry. Despite several external market challenges, HNBA Group was able to uphold its market share as well as to yield a considerable growth during the year. Several collective key decisions were made for the betterment of the industry as well as to adapt to the changing landscape of the Sri Lankan insurance industry”. Speaking on „Vision 2020‟, Mr. Lokuarachchi added, “Insurance as a key industry in the financial services market is a significant contributor for the wellbeing of individuals and businesses. The needs of individuals and businesses keep changing, it is important for our core business model to adapt to these changes in order to understand and cater to the needs of individuals and businesses. „Vision 2020‟ was engineered considering all these aspects and it focuses in delivering superior returns to all internal and external stakeholders of the Group in a revolutionary, sustainable and a responsible manner through a revolution in its people, processes and products. The Group envisions in setting new benchmarks in growth, customer service, employee and advisor satisfaction, efficiency, shareholder value creation and ethical conduct”.

Recognizing the outstanding performance in the field of sales, champs of HNB Assurance PLC (HNBA) were awarded at the recently held National Sales Congress (NASCO) organized by the Sri  Lanka  Institute  Marketing  (SLIM).  HNBA’s  representatives,  Mr.  Sanesh  Fernando  was awarded the Bronze Award for the National Sales Manager Category-Overall Industries,Mr. Tharindu  Kumara  was  awarded  the  Gold  Award  for  the  Sales  Executive  Category -Life Insurance Industry, and Mr. Chameera Dharmakeerthi was awarded the Bronze Award for the Frontliner Category -Life Insurance Industry. Commendingthe  award   winners,   Managing  Director/CEO   of   HNBA   and  its  fully   owned subsidiary HNB General Insurance LimitedMr. Deepthi Lokuarchchimentions that the winners representing  HNBA  have  demonstrated  their  sheer  commitment  towards  customer  and  the business.And  that  thebrand  continues  to  grow  stronger  together  with such outstanding performers  in  the  market.  These  accolades  markthe  remarkable  successof  our  journeyand kudos to all the winners. Sharing  thoughts  on  this  victory  Chief  Operating  Officer  of  HNBA, Mr. Prasantha  Fernando stated “Accolades of this nature is a tribute to the dedication, commitment and winning spirit of  our  Distribution  Management  teams. The  insuranceindustry  isa  highly  competitive  and  a challenging industry and members of our dedicated sales teamhave achieved many victories by overcoming all challenges prevailing in the market”.