HNB Assurance PLC (HNBA) has once again secured the prestigious title of "Best Life Bancassurance Provider in Sri Lanka" for the fourth consecutive year, recognized by the Global Banking and Finance Review. This award underscores HNBA's strong partnerships and commitment to excellence while maintaining its dominant position within the industry.
Mr. Lasitha Wimalaratne, Chief Executive Officer of HNBA, stating, “It is indeed an immense honor to be acknowledged as the Best Life Bancassurance provider in the country by the esteemed Global Banking and Finance Review - UK, marking our fourth consecutive win. This achievement truly is a testament to the dedication and collaboration of our teams, who continuously push boundaries, foster partnerships and redefine industry benchmarks."
He further emphasized the significance of HNBA's Partnership Channel in their business operations, “As we strive towards our goal to attain 10% market share the partnership channel has a crucial role to play. I’m extremely proud of our team for this achievement and I’m certain we will continue to push boundaries and reach even greater heights.”
"We're thrilled by HNBA's achievement of being the Best Life Bancassurance Provider in Sri Lanka for the fourth consecutive year and are committed to ensuring that our partnership grows even further. By leveraging our strengths as a Group, we are consistently exploring ways to keep delivering top-notch solutions to our customers. My congratulations to HNBA and all the teams involved in this impressive achievement", opined, Mr. Supun Dias, Assistant General Manager - Network Management at Hatton National Bank.
Mr. Sanesh Fernando, Chief Business Officer – Partnerships at HNBA, reflected on the significance of this achievement, stating, “Without a doubt, this achievement stands as a testament to the collaborative efforts of the entire Partnership Team, for which I extend my deepest gratitude. A special mention goes out to the management of Hatton National Bank and all our other banking partners for their continued support. To receive this prestigious recognition for the fourth-year running is a clear indication of our relentless commitment to excellence and the efforts made by our team. I’m confident that moving forward, we as a team are committed to delivering exceptional value to our customers collectively contributing to the larger vision of HNBA.”
May
<p class="MsoNormal" style="line-height:115%;"><span style="font-family:"HNBA & GI";font-size:10.0pt;"><span style="line-height:115%;">HNB Assurance proudly announced the achievement of its esteemed Chief Business Officers, Mr. Harindra Ramasinghe – CBO, Advisor Distribution Channel and Mr. Sanesh Fernando – CBO, Partnerships, who clinched top honors at the prestigious General Agency Management Awards (GAMA) held in the United States of America. This historic win marks the first time any Sri Lankan professional have been recognized at this ceremony.</span></span><o:p></o:p></p><p class="MsoNormal" style="line-height:115%;"><span style="font-family:"HNBA & GI";font-size:10.0pt;"><span style="line-height:115%;">Mr. Harindra Ramasinghe was honored with the prestigious Master Firm Award (MFA), celebrating his remarkable achievements and exemplary leadership in the Advisor Distribution domain. Similarly, Mr. Sanesh Fernando's exceptional performance earned him the distinguished Master Multiline Award (MMA), highlighting his significant contributions to the Partnership Channel of HNBA. These accolades underscore their contributions and impact, showcasing their commitment to excellence within their respective roles. The GAMA Global Awards, renowned for recognizing excellence in financial services leadership, serve as a testament to their outstanding professionalism and influence in the field.</span></span><o:p></o:p></p><p class="MsoNormal" style="line-height:115%;"><span style="font-family:"HNBA & GI";font-size:10.0pt;"><span style="line-height:115%;">Expressing his thoughts on this remarkable achievement, Mr. Lasitha Wimalaratne, CEO of HNB Assurance, stated, "I’d like to extend my heartfelt congratulations to our CBOs Harindra Ramasinghe and Sanesh Fernando on their historic win at the GAMA Awards. This recognition not only reflects their exceptional skill and dedication but also highlights the caliber of professionals within HNB Assurance. I’m certain that this recognition will serve as a great motivation for both our CBOs as well as their teams which will propel us as an organization to even greater heights."</span></span><o:p></o:p></p><p class="MsoNormal" style="line-height:115%;"><span style="font-family:"HNBA & GI";font-size:10.0pt;"><span style="line-height:115%;">In response to their success, Mr. Harindra Ramasinghe commented, "Receiving the Master Firm Award at the GAMA Awards is personally a great honor for me. I owe this recognition to my incredible team and want to acknowledge the leadership at HNBA, who have been clear in communicating their vision and have always served as a source of guidance and support, which I believe is the bedrock of HNBA's success. Over the past 03 years we as a company have maintained a consistent growth rate in excess 20% and the Advisor Distribution Channel has also contributed equally. Last year, we recorded a 37% increase in NBP growth, a robust 23% growth in GWP and received a prestigious international recognition from Insurance Asia for the best Distribution Initiative, which solidifies our commitment to excellence in serving our clients and advancing the insurance industry as a whole.”</span></span><o:p></o:p></p><p><span style="font-family:"HNBA & GI";font-size:10.0pt;"><span style="line-height:107%;mso-ansi-language:EN-US;mso-bidi-font-family:"Times New Roman";mso-bidi-language:AR-SA;mso-bidi-theme-font:minor-bidi;mso-fareast-font-family:Calibri;mso-fareast-language:EN-US;mso-fareast-theme-font:minor-latin;">Mr. Sanesh Fernando also expressed his thoughts, stating, "Receiving the Master Multiline Award is a humbling experience and I am deeply honored to be recognized among such esteemed professionals. This achievement would not have been possible without the tireless efforts and support of my exceptional team. I am immensely proud to lead such a talented group of individuals who continuously strive for excellence in serving our clients. Further, receiving the Best Bancassurance Provider Award by Global Banking and Finance Review for the fourth consecutive year recently, serves as a testament to the channel's commitment to innovation and customer-centricity. I’d like to take a moment to thank the our Bancassurance and broker partners along with the all other business stakeholders for their continued support.”</span></span></p>
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Apr
<p>At the prestigious Great Manager Awards 2024, Mrs. Rose Cooray, the Chairperson of HNB Assurance PLC and HNB General Insurance Limited, was inducted into the Hall of Fame. Mrs. Cooray, who assumed her role in 2015, has been instrumental in steering both companies to remarkable growth and success. Since taking on the mantle of Chairperson, Mrs. Cooray has spearheaded initiatives that have led to substantial financial achievements, embracing cutting-edge technological advancements, securing international acclaim and forming numerous synergies and partnerships that have laid a solid foundation for the future of both organizations. With over 47 years of extensive experience in the financial sector, including a distinguished career at the Central Bank of Sri Lanka where she served as Deputy Governor, Mrs. Cooray brings a wealth of knowledge and expertise to her leadership roles. Her tenure has been marked by astute decision-making, visionary leadership and a commitment to excellence. In recognition of Mrs. Cooray's outstanding contributions, Mr. Lasitha Wimalaratne, CEO of HNBA, remarked, "Mrs. Rose Cooray's induction into the Hall of Fame is well deserved and a testament to her exemplary leadership. I’m proud to state that under her guidance, HNB Assurance has achieved unprecedented growth and success, setting new benchmarks in the industry. Her visionary approach and strategic initiatives have been instrumental in positioning us for sustained excellence in the years to come. I’d like to extend my congratulations to Mrs. Cooray on this great achievement." “Mrs. Cooray's induction to the Great Manager Awards Hall of Fame is a fitting recognition” opined, Mr. Sithumina Jayasundara, CEO of HNBGI. “Personally, to me, what sets her leadership style apart is how she extends her influence and support way beyond boardroom discussions, making a conscious effort to hear every voice and inspire action. Her willingness to go above and beyond has certainly shaped how we operate as a company. At HNBGI we are extremely proud of her recognition and I’d like to congratulate Mrs. Cooray on her induction to the Hall of Fame”</p>
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Apr
<p class="MsoNormal" style="line-height:150%;text-align:justify;"><span style="font-family:"HNBA & GI";font-size:10.0pt;"><span style="line-height:150%;">HNB Assurance PLC, is delighted to announce the relocation of its branches to prime locations in Nugegoda and Nuwara Eliya. These strategic moves reflect on the company's intention to enhancing accessibility and service delivery to customers in key regions across the island. Providing convenient access to its comprehensive range of insurance products and services, including protection, health, savings, retirement and </span><span style="line-height:150%;mso-spacerun:yes;"> </span><span style="line-height:150%;">MRP has contributed to the progress of the company, showcasing a 20% year on year growth continuously over the past three years. </span></span><o:p></o:p></p><p class="MsoNormal" style="line-height:150%;text-align:justify;"><span style="font-family:"HNBA & GI";font-size:10.0pt;"><span style="line-height:150%;">Mr. Lasitha Wimalaratne, CEO of HNBA, expressing his thoughts at the branch openings, stated, “The decision to relocate our branches in Nugegoda and Nuwara Eliya was driven by our strategic vision to position ourselves in key high-traffic areas, enabling us to foster deeper connections with our customers and offer tailored insurance solutions that safeguard what matters most to them. As we embark on this journey of growth, our branch network remains integral, serving as the bedrock to our customer-centric approach. I have full confidence that these new locations will not only amplify our presence but also elevate the level of service we provide to the local communities."</span></span><o:p></o:p></p><p class="MsoNormal" style="line-height:150%;text-align:justify;"><span style="font-family:"HNBA & GI";font-size:10.0pt;"><span style="line-height:150%;">Mr. Harindra Ramasinghe, Chief Business Officer – Advisor Distribution Channel, emphasized the significance of the relocations in enhancing customer experience. "At HNB Assurance, we are constantly striving to exceed customer expectations and deliver exceptional value. Last year, we were honored for our pioneering Insurance Distribution initiative at the prestigious Emerging Asia Insurance Awards, a recognition which underscores our commitment not only to expansion but also for being innovative with our Distribution Strategy. The relocation of our branches in Nugegoda and Nuwara Eliya enables us to build closer relationships with our customers and provide them with unparalleled support and assistance. With a branch network of 69 branches and an advisor force in excess of 3500, the advisor distribution channel at HNBA has consistently displayed growth and innovation. I extend my heartfelt appreciation for the dedication and hard work of our teams and convey my best wishes for success to both branch teams.”</span></span><o:p></o:p></p><p class="MsoNormal" style="line-height:150%;text-align:justify;"><span style="font-family:"HNBA & GI";font-size:10.0pt;"><span style="line-height:150%;">The Nugegoda branch is now located at 69, S da S Jayasingha Mawatha, Kohuwala, Nugegoda, while the Nuwara Eliya branch has been relocated to 31/1/1, Lowson Street, Nuwara Eliya. </span></span><o:p></o:p></p>
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