HNB Life and Pan Asia Banking Corporation partner to expand insurance reach

Friday, 4 September 2026 00:32 - - {{hitsCtrl.values.hits}}

HNB Life Executive Director/CEO Lasitha Wimalaratne (centre, left) with Pan Asia Banking Corporation Director/CEO Naleen Edirisinghe

HNB Life PLC has entered into a strategic partnership with Pan Asia Banking Corporation PLC through the signing of a Memorandum of Understanding, further strengthening its partnership distribution network and expanding access to HNB Life’s solutions for customers across Sri Lanka.

The collaboration marks another significant milestone in HNB Life’s growth journey, enabling the company to leverage Pan Asia Bank’s growing footprint and trusted customer relationships to offer comprehensive life insurance solutions that help individuals and families secure their financial future.

The Memorandum of Understanding was signed by senior representatives of both organizations in the presence of the leadership teams of HNB Life and Pan Asia Bank.

HNB Life Executive Director/CEO Lasitha Wimalaratne said: “Our purpose has always been to make our solutions more accessible and meaningful to every Sri Lankan. This partnership with Pan Asia Bank allows us to reach more customers through a trusted financial institution while strengthening our partnership network. My sincere thanks to the leadership and management of Pan Asia Bank, together, we look forward to delivering seamless financial protection solutions that empower customers to plan confidently for the future.”

Pan Asia Banking Corporation Director/CEO Naleen Edirisinghe said: “We are delighted to partner with HNB Life and I certainly believe that, by combining our banking expertise with HNB Life’s insurance capabilities, we can provide holistic financial solutions that address the evolving needs of individuals, families, and businesses across the country.”

HNB Life EVP/Chief Business Officer Sanesh Fernando added: “Strategic partnerships continue to play a pivotal role in HNB Life’s growth strategy. This collaboration with Pan Asia Bank strengthens our presence within the bancassurance space while creating greater opportunities to connect with customers through an extensive and trusted banking network. We are certainly excited and look forward to working closely with the Pan Asia team to deliver innovative, customer-centric insurance solutions.”