HNB Assurance awarded ’Best Bancassurance Provider in SL 2021’ by Global Banking and Finance Review

Thursday, 8 April 2021 00:15 -     - {{hitsCtrl.values.hits}}

HNBA and HNBGI Chief Executive Officer Prasantha Fernando

HNBA Chief Operating Officer Lasitha Wimalaratne

HNBA Head of Partnerships Business Sanesh Fernando

HNB Assurance PLC (HNBA) was awarded ‘Best Bancassurance Provider in Sri Lanka 2021’ under the ‘Insurance and Takaful Awards’ Category, by the Global Banking and Finance Review. 

The Global Banking and Finance Awards organised by the Global Banking and Finance Review reflects innovation, strategy, achievement, and progressive and inspirational changes that are current throughout companies within the global financial landscape. 

HNBA and its fully-owned subsidiary HNB General Insurance Ltd. (HNBGI) Chief Executive Officer Prasantha Fernando said: “We are extremely honoured to have been named ‘Best Bancassurance Provider in Sri Lanka’ for the year 2021, by a globally recognised research and evaluation institute, the Global Banking and Finance Review. 

“Maintaining stable and persistent operations over time, HNBA has been at the forefront in servicing the life insurance needs of the community, offering revolutionary solutions via a fully-fledged Bancassurance operation. This achievement would not have been possible if not for the support that we have always received from the MD/CEO, COO and the management and staff of Hatton National Bank, our parent company. Over the years we have been able to develop and refine our Banca Operations to provide a seamless service to the Bank’s clientele,” Fernando added.

HNBA Chief Operating Officer Lasitha Wimalaratne said: “This Award strongly defines the remarkable talent, strategy and action put in place by a committed team comprising of key personnel from HNB and HNBA. The Company’s Bancassurance Channel has taken a collaborative approach putting together solutions that offer comprehensive coverage much in demand amongst the Sri Lankan population. I believe such a well-thought out approach has given dividends culminating in us being the recipient of this prestigious award. I wish to thank my team as well the team from the Bank for all their efforts in this remarkable achievement.” 

HNBA Head of Partnerships Business Sanesh Fernando said: “This recognition is a testimony of true effort and teamwork, by the team in the Banca Channel at HNBA who have now made us the industry benchmark in the sphere of Bancassurance in Sri Lanka. I also wish to thank the team at HNB for all the support extended to us.”

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 Ltd. (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.