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HNB Assurance Earns Global Recognition, Joining the Ranks of MDRT’s Top 100 Global Companies I Sri Lanka Latest Business News

August 2, 2023
in Business
Reading Time: 14 mins read
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HNB Assurance Earns Global Recognition, Joining the Ranks of MDRT’s Top 100 Global Companies I Sri Lanka Latest Business News
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HNB Assurance, a prominent Life Insurance provider in the country, joined the prestigious ranks of MDRT’s Top 100 Global Companies, reaffirming the caliber and quality of the sales force the company has in its possession. 2022, was a remarkable year for the company, with 194 of its Insurance Advisors and Bancassurance officers becoming Million Dollar Round Table (MDRT) qualifiers, a prestigious achievement within the insurance sector.

MDRT, The Premier Association of Financial Professionals, which was formed in 1927 is an independent association with a global count of over 72,000 professionals affiliated to insurance and financial services in over 500 companies, where membership is exclusively to those that surpass the given threshold.

Mr. Harindra Ramasinghe, Chief Business Officer Advisor Distribution Channel, stated, “Being recognized as a top global performer and to be one of the only two Sri Lankan companies on the list is a significant milestone for HNB Assurance. This is very well deserved, as our Advisors have worked extremely hard and contributed immensely over the past couple of years, making HNBA one of the fastest growing Insurance companies in the country, despite the challenging economic landscape. I’m certain we will continue to build strong relationships with our customers and empower our Advisors to provide innovative solutions to meet the evolving needs of our customers.”

Mr. Sanesh Fernando, Chief Business Officer – Partnership Business, opined, “We are extremely proud of this well-deserved recognition. Our aim is to set a new benchmark for the company and achieve greater heights of excellence. We have the advantage of working with excellent partners who share a similar ethos as us, and are committed to continuously growing, which will only push our teams to win the trust of our customers through excellent customer service. I extend my sincere appreciation to our partners and every member of our exceptional Bancassurance and Advisor Team for their dedication and hard work, which has been instrumental in us achieving this prestigious global recognition.”

This prestigious MDRT ranking is a testament to the skill and dedication of HNB Assurance’s team. The company has always emphasized the importance of a well-trained workforce. Mr. Shiran Fernando, Head – Sales Training & Development, shared his thoughts, stating “Our success in producing 194 MDRT winners is 2022, is a direct result of our commitment to employee development. We firmly believe that an empowered and knowledgeable workforce is the backbone of any successful organization. Our training programs focus not only on technical skills but also on fostering a customer-centric mindset. I must commend our Advisor, Bancassurance and T&D teams for this recognition.”

HNB Assurance PLC (HNBA) is one of the fastest growing Insurance Companies in Sri Lanka with a network of 64 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 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. HNB General Insurance has been assigned a ‘National Insurer Financial Strength Rating’ of ‘A-‘ (lka) by Fitch Ratings Lanka Limited. 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 organized by the Institute of Chartered Accountants of Sri Lanka.

Image Caption :

Mr. Harindra Ramasinghe – CBO, Advisor Distribution Channel

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