Janashakthi Life wins big at Emerging Asia Insurance Awards 2021

Friday, 24 June 2022 00:00 - - {{hitsCtrl.values.hits}}

Janashakthi Life bagged the award for the Best Strategies for Insurance Spreading for the year 2021 at the recently held 3rd ICC Emerging Asia Insurance Awards 2021 in Kolkata, India, organised by the

Janashakthi Insurance Director/CEO Ravi Liyanage

Indian Chamber of Commerce.

The 3rd Emerging Asia Insurance Awards and Conclave was launched by the Indian Chamber of Commerce together with the Insurance Institute of India, Life Council of India, General Council of India, National Insurance Academy and PWC as process reviewers to acknowledge, recognise and honour the efforts made by Asian insurance companies to transform insurance industries of the region.

Janashakthi Insurance PLC Director/CEO Ravi Liyanage said: “This prestigious recognition for our business strategies reaffirms that we are strategically resilient even in these times of economic uncertainty. It also says much about the current dynamism as well as the future potential to continue serving our customers with industry-best solutions. This is also a testament to our continued commitment and the ability of our remarkable lion force who have made an extraordinary contribution to the organisation’s growth amidst a challenging year.”

Staying true to its corporate purpose of uplifting lives and empowering dreams, Janashakthi Life has always strived to deliver greater value to all its stakeholders in an ethical and a transparent manner. On the customer front, the insurer brings this to life through its path breaking insurance solutions and services that cater to their evolving needs at every stage of their lives. Extending this purpose to its engagement with its employees, Janashakthi Life has always sought to offer team members a highly supportive work environment that empowers them to grow and realise their dreams and aspirations.

The Company delivered an outstanding 22% year-on-year growth in brand value during 2022 as compared to the total brand value of all Life insurance brands in the market which grew by merely 9%. This upsurge in brand value follows Janashakthi Life’s historic achievement of crossing two consecutive billion milestones while also achieving strong market share growth which moved up by one market position against competition in new business during 2021.