Pressroom

HNB General Takaful, the Takaful Unit of HNB General Insurance Limited (HNBGI), the fully owned subsidiary of HNB Assurance PLC (HNBA) introduced a revolutionary product, AS-Salam Motor, A Takaful Motor Insurance plan with a range of benefits.

Sharing his views, Managing Director/CEO of HNBA and HNBGI Mr. Deepthi Lokuarachchi stated “Takaful is a growing global phenomenon and has made a significant contribution to the growth of our business. Islamic Financing has become an integral component of the financial services sector and Takaful represents a vital component of Islamic Financing and it represents good spirit and cooperation. Our entire Takaful operations are carried out adhering to the guidelines of the Sharia Board, in order to provide for the needs of the community. It is noteworthy that HNBGI Takaful has been awarded with a Bronze Award for Emerging Islamic Finance Entity of the Year 2014/2015 at the SLIBFI Awards, a Gold Award for Takaful Window/Unit of the Year 2016 at the Islamic finance Forum of South Asia Awards and a Silver Award for Takaful Unit of the Year 2017 at the SLIBFI Awards.”

Head of HNB General Takaful, Mr. Hifly Huzair expressed his views about the product stating, “AS-Salam Motor is a revolutionary product developed to suit the needs of conventional Takaful Channel with a range of unique benefits to reflect the meaning of the product name, ‘Peace of Mind’. This product offers and emergency expenses cover for policyholder or policyholder’s driver in the event of an accident, a solution for losing a car key, hospital cash benefit, no claim bonus, bonus match and provides a discount on “MyHome Takaful”. This product could be obtained through any of our HNBGI branches or our through our agents”.

Following the introduction of the segregation rules by the Insurance Regulator, HNB General Insurance Limited (HNBGI) was created and commenced its operations in January 2015; HNBGI continues to specialize in motor, non-motor and Takaful Insurance solutions and is a fully owned subsidiary of HNB Assurance PLC (HNBA).  HNBGI is rated within the Top 100 Brands in Sri Lanka.

HNB General Insurance Limited (HNBGI), the fully owned subsidiary of HNB Assurance PLC (HNBA) held its 4th Annual Sales Convention recently at the Kingsbury, Colombo. The event was graced by the presence of Mrs. Rose Cooray, Chairperson of the HNBA Group as Chief Guest together with the Members of the Board of both HNBA and HNBGI and the senior management of the two companies.

Sharing her views at the 4th Sales Convention, Mrs. Cooray stated “we are gathered here today to applaud the efforts, dedication and commitment of our top agents and to honor their achievements during the past year. The general insurance industry of Sri Lanka is a highly competitive industry and is often threatened by adverse economic conditions and natural catastrophes. The efforts and dedication of our sales teams have helped in establishing the brand in the market within a short span of time and I’m extremely pleased on the results showcased during the previous year”.

Addressing the gathering, Managing Director/CEO of HNBA and HNBGI Mr. Deepthi Lokuarachchi “the agency force of HNBGI consists of outstanding and competent sales professionals across the country and within a short span of time we have been successful in strengthening our footprint in the general insurance market. Our other units such as Broker teams and Takaful teams too have done exceptionally well and together have been able to put on a great performance which we are celebrating today in this very beautiful manner”.

Chief Business Officer of HNBGI Mr. Jude Benjamin thanked all sales teams for their constant and tireless efforts to strengthen the ‘HNBGI’ brand name in the market stating “our rapid growth is a result of the steady performance of our agents and sales teams and the emergence as an innovative general insurance provider”.

The Best Sales Person of Corporate Lines was awarded to Mr. Prabath Silva and the Best Sales Person of Personal Lines was awarded to Ms. Nimeshi Dishala Happuarachchi.

Following the introduction of the segregation rules by the Insurance Regulator, HNB General Insurance Limited (HNBGI) was created and commenced its operations in January 2015; HNBGI continues to specialize in Motor, Non-Motor and Takaful Insurance solutions and is a fully owned subsidiary of HNB Assurance PLC (HNBA).  HNBGI is rated within the Top 100 Brands in Sri Lanka.

HNB General Insurance Takaful, the Islamic Insurance Unit of HNB General Insurance Limited (HNBGI), received the Silver Award for the Takaful Entity of the Year 2017 at the Sri Lanka Islamic Banking and Finance Industry Awards held recently.

Speaking about the award, Managing Director/CEO of HNBA and HNBGI Mr. Deepthi Lokuarachchi stated “We’re indeed honored to be the recipient of this award under the category ‘Takaful Entity of the Year’ for the second consecutive year. As a leading business outfit in the country, our Takaful operations are well poised to further expand into unique and growing market segments. This award is a testament to the consistency in our service quality and a product offering with comprehensive features for individuals and businesses in compliance with the Insurance Regulatory Commission of Sri Lanka as well as the Sharia Board Guidelines.” Head of Takaful, Hifly Huzair extended his sincere gratitude to the entire Takaful Unit of HNBGI for their dedication, commitment and go-getter spirit in overcoming challenges and developing the business model in a short span of time.

HNB Assurance PLC (HNBA) is one of the fastest growing Insurance Companies in Sri Lanka with a network of 59 branches.  HNBA is a Life Insurance company with a rating of A (lka) by Fitch Ratings Lanka for “National Insurer Financial Strength Rating” and “National Long- term Rating”. Following the introduction of the segregation rules by the Insurance Regulator, HNB General Insurance Limited (HNBGI) was created and commenced its operations in January 2015; HNBGI continues to specialize in motor, non-motor and Takaful insurance solutions and is a fully owned subsidiary of HNB Assurance PLC.  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 and also won many awards for its Annual Reports at the Award ceremonies organized by the Institute of Chartered Accountants of Sri Lanka and SAFA (South Asian Federation of Accountants).