HNBGI enters into MOU with Micro Cars

From left: Micro Cars Product Manager Abeelaesh Sivanesan, Micro Cars Manager Corporate Planning Eranga Kumarathunga, Micro Cars Director Ruvindhu Guneratne, HNB Assurance and HNB General Insurance Managing Director/CEO Deepthi Lokuarachchi, HNB General Insurance Chief Technical Officer Sithumina Jayasundara, Manager Legal Yoga Gunadasa, Senior Manager Motor Hazana Caffoor, Assistant Manager Motor Processing Krishan Wickramasinghe, Senior Executive Motor Harshana Ranaweera

HNB General Insurance Ltd. (HNBGI), the fully-owned subsidiary of HNB Assurance PLC (HNBA), stood together with Micro Cars Ltd., as it was announced that the two entities have agreed upon a Memorandum of Understanding, to promote the MG range of vehicles. This partnership is aimed at enhancing the synergies that the two companies bear in a sense of insuring vehicles, whilst matching business quality and consistency. The MOU was signed by HNBA and HNBGI Managing Director/CEO Deepthi Lokuarachchi and Micro Cars Ltd. Director Ruvindhu Guneratne.

Sharing his views about the agreement, Lokuarachchi stated, “We have been working togerther with Mirco Cars Ltd. for some time now and over the years have been offering the motoring public of Sri Lanka the peace of mind to enjoy the pleasures of driving a MG knowing that their pride on wheels is fully covered. We are also pleased at working towards offering free insurance covers to those who own a MG from Micro Cars, who has been a mover and shaker in Sri Lanka’s automotive industry in the recent times. Our insurance solutions can be tailored to suit the discerning motorist so that adequate protection for the vehicle could be obtained. 

“In this regard, I would like to mention our product, MotorGuard Extra for example, which allows replacement of brand new parts without an owners contribution even after the first three years. We are very pleased to sign this MOU with Micro to promote such an iconic motoring brand as MG. I am sure that this tie up whilst being mutually beneficial to both our organisations, would be of greater benefit to both our customers.” 

Speaking about the partnership, Ruvindhu Guneratne shared his views stating, “It is with great pleasure that we, together with HNBGI, embark upon yet another purpose driven initiative, that is expected to spur quality service and networking within our businesses, whilst addressing need-based aspects in a customer perspective. As an entity that has stood up to the continuing development in the Sri Lankan automobile industry, Micro Cars Ltd. aims to go beyond the core product by assuring that on road safety and after sales services have met its highest standards. I am thankful for all those who have contributed in achieving this milestone in revolutionising the automobile industry by providing our customers a comprehensive insurance of this nature.”

HNBGI, which commenced business in January, 2015, specialising in motor and non-motor insurance solutions, is presently one of the fastest growing General Insurance Companies in Sri Lanka, with a network of 56 branches. HNBA, the Parent Company specialising in Life Insurance solutions is ranked within the Top 100 Brands and Top 100 Companies in Sri Lanka and has won multiple accolades for Brand Excellence, Digital Marketing and HR Excellence and many awards for its Annual Reports at award ceremonies organised by the Institute of Chartered Accountants of Sri Lanka and the South Asian Federation of Accountants.