HNBA News

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”.

HNBA Assurance PLC (HNBA)     felicitated     themaestrosof theAdvisor Force    at    the    recently held Annual Sales Convention. The 13thSales Convention of HNBA   was   held   attheCitrusHotel, Waskaduwa. This nightof celebrationwas graced  by  the  presence  ofChairperson  of  HNBA  and  its  fully  owned  subsidiary,HNB General Insurance Limited (HNBGI), Mrs. Rose Cooray as Chief Guest,Members ofthe Board  of  Directors  of  HNBA  together  with  the  Management  of  HNBA  and  HNBGI.  The theme of the night highlighted the MayanCivilization, depictingbravery, strengthand innovativenessof the Advisor Channel and the Company. Sharing  her  thoughts,  Chairperson  of  HNBA  &  HNBGI  Mrs.  Cooray  stated “this star-studdednight celebratesthe  extraordinary  performance  of our  Advisor  Force.  The Advisor Force has proven to bethe backbone of the insuranceindustry and has played a pivotal role inbringing the Company where it is today. I‟m extremely pleased on the performance of our Advisor Forcedelivered during 2017andhonored to witness their great achievements”. Managing  Director/CEO  of  HNBA  and  HNBGI  Mr.  Deepthi  Lokuarachchi,  shared  his thoughts stating, “tonightwe laud and honor  the  go-getters  of  our  AdvisorForcefor their  commitment,  dedication  and  more  importantly  for  their  significant  contribution towards  business  growth.  The  Advisor  Force  generates  a  Gross  Written  Premium (GWP) accounting for 70% of the total GWP and over the years, the Advisor Forcehas
immensely contributedto   the   success   of   the   Companyby   capturing   growth opportunities as well as intrailblazing andseizing potentialmarket segments”. Speaking  at  the  event,  Chief  Operating  Officer  of  HNBA,  Mr.  Prasantha  Fernando stated “tonight  we  celebrate and  pay  tribute  to our Advisor  Forcewhichhas  shown relentless  passion  towards  the  business  by  striving  for  excellence  and  growing  the businessdespitestiff competition  in the  industry.And I‟m surethatwiththesegreatachievements our  Advisorswill  continue  to  growas  the  business  continues  to  reach new heightsin its journey”. Chief  Business  Officer  of  HNBA  Mr.  Ivan  Nicholas  thanked  the  Advisor  Force  stating, “We‟re extremely proud of what ourAdvisor  Force  has  achievedover  the  yearsand we‟re grateful  for  the  sheer  enthusiasm, commitmentand the winning  spiritof  our Advisor Forcein growing the business. Our Advisors with no doubt exemplifies to the true valuesof  anobleLife  InsuranceAdvisor and we‟re sure that  the  Advisor  Force will   continue   to   yield   extraordinary   results   by   setting   new   benchmarks   in   the industry”. The   13thSales   Convention   of   HNBA   felicitated   227top-notchAdvisors   under categories  of  Bronze,  Silver,  Gold  and  SuperGold  including awardsfor  the  Best Service  Center,  Best  Zonal  Manager,  Best  Cluster  Manager,  Best  Regional  Office Manager and Million Dollar Round Table  (MDRT)  qualifierswere also recognized  at the  event. The most esteemed awardof  the  night„the  Best Sales Person of  the  Year‟ was awarded to Mr. R. E. S. Liyanage.