Amãna Takaful relocates branch in Kalutara

Monday, 31 December 2012 00:00 -     - {{hitsCtrl.values.hits}}

Amãna Takaful recently ceremonially relocated its branch in Kalutara, providing easier access to its customers.

The new branch is equipped with state of the art facilities and was declared open by U.D.C. Jayalal, District Secretary of Kalutara, along with Fazal Ghaffoor, Chief Executive Officer, Amãna Takaful PLC. The event attracted the local business community, members of the financial services fraternity, professionals and religious dignitaries.

“Amãna Takaful is proud to be in Kalutara where we have gained wide acceptance over the years. Our success in this multi ethnic society highlights the fact that this is not a community based solution, but we are a solutions provider devoid of any bias to all Sri Lankans. Over 30% of our people belong to faiths outside Islam and our customers come from all facets of Society who we serve diligently,” highlighted Adel Hashim, General Manager Sales and Marketing, Amãna Takaful.

Amãna Takaful has been serving the people of Kalutara for the past five years, offering both Life (Family) and General insurance solutions. The branch forms part of the Southern Region that already includes Galle, Matara and Hambantota.

The new office is located in the city centre on the ground floor keeping in mind easy access and speedy service. It extends to two floors with ample space to ensure customers can transact with ease.

“Having served the people of Kalutara for the past five years I am sure the new location is a welcome change to all our customers. The team in Kalutara is one the finest and are well trained to handle both Life and General insurance needs competently,” said Rtd. Captain Sumedha Mirihana, Senior Regional Manager – South.  

Amãna Takaful PLC, a composite Insurer in its recent filing at the Colombo Stock Exchange reported an impressive growth in revenue of 26% for the nine months to September 2012, well above the industry’s 12.2%. In the month of November the company joined the billionaires league by marking one billion in General insurance revenue, further establishing the success of the Takaful way of insurance in Sri Lanka among all void of any differences.

The company’s performance in terms of total Gross Written Premium (GWP) of Rs. 1,151.5 million up to September 2012 compares with Rs. 913.6 million in the same period of 2011. The General insurance business accounted for Rs. 891.0 million, growing significantly at 28.5% over the comparative period in 2011. The Life segment’s Gross Written Premium of Rs. 260.4 million to September 2012, reflects a growth of 18.4% over the corresponding period last year. These results, as at end September 2012, reflect a substantial upside against the industry performance of 18.3% and 4.4% on General and Life businesses respectively.  

Having branches in 21 locations in the island, Amãna Takaful has been successful in its journey of more than a decade in establishing a strong position for the Takaful concept amidst stiff competition with 20 other conventional industry players.

The company has been able to deliver unique value, the Takaful way, to corporates and individuals alike as a composite insurer.

Amãna Takaful also operates three key strategic business units that specialise in Life, General and Medical Takaful, which is unique in its approach to serve the respective developing customer segments. Furthermore, by keeping to its tenet of mutuality, the company has also taken financial protection through the Takaful concept to the needy of the Sri Lankan populace by providing Navodhaya – the company’s Micro-Takaful (insurance) solution.