HNB Assurance Group moves ahead strong and resilient

Tuesday, 5 January 2021 01:37 - - {{hitsCtrl.values.hits}}

HNBA and HNBGI Chief Executive Officer Prasantha Fernando

HNB Assurance PLC (HNBA) and its fully-owned subsidiary HNB General Insurance Ltd. (HNBGI) announced its corporate theme for year 2021, ‘Moving Ahead Strong and Resilient’. As such, the Group will focus on key drivers; Stakeholder Value Creation, Sustainable Growth and Stability.

Sharing his views, HNBA and HNBGI Chief Executive Officer Prasantha Fernando stated, “The dawn of another brand new year fills our hearts with hope, determination and courage to surpass our goals and realise our aspirations that we have set for ourselves both at HNBA and HNBGI. 2020 was a challenging year for all of us but the HNBA Group was able to deliver a steady performance, owing to its commitment, determination and resilience. This year’s Corporate Theme of HNBA and HNBGI is built upon what we consider as the very Core Pillars of our business strategy, Stakeholder Value Creation, Sustainable Growth and Stability.

“As HNBA steps into its 20th year in business, our teams are dedicated to create a difference by setting new benchmarks in terms of Service Excellence, Innovation, Transformation and Social Stewardship. The Management of HNBA and HNBGI firmly believes that with the direction of the Board and commitment of a dedicated team of professionals, the Group will strive to make a marked difference in 2021.”

Fernando further added, “I take this opportunity to convey my heartfelt wishes to all our customers, shareholders, employees and their loved ones and that this New Year will be one filled with peace, prosperity, good health and a sense of contentment.”

The lighting of the traditional oil lamp and kick-starting the new year was conducted in the form of a hybrid event keeping in line with the need for social distancing, attended by the Executive Committee led by the Chief Executive Officer and joined by the employees through a virtual platform. 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 specialise 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 Ltd. 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 organised by the Institute of Chartered Accountants of Sri Lanka.