In response to the dynamic changes within the motor insurance landscape, HNB General Insurance (HNBGI) introduced the all-new 03 in 01 feature of their MotorGuard policy. HNBGI’s flagship product, MotorGuard, has been enhanced to offer customers three insurance covers under a single motor premium. This means that in addition to comprehensive vehicle insurance, HNBGI MotorGuard policyholders will now enjoy the benefits of home insurance coverage in case of fire and a personal accident cover. The “03 in 01” concept signifies that a single motor premium now provides a total of three valuable insurance covers.
In recent years, HNB General Insurance (HNBGI) has been dedicated to innovating and refining its product lineup to make a significant impact on the market. With a remarkable set of pioneering features and product enhancements that go beyond conventional boundaries, HNBGI is striving to establish a new industry standard, fundamentally transforming how insurance brings value to its customers.
Speaking at the launch of the new 03 in 01 feature, Mr Sithumina Jayasundara, CEO of HNB General Insurance, stated, “In an ever-changing world, our commitment remains steadfast, to redefine insurance as a comprehensive solution that caters to our policyholder’s every need. The new 03 in 01 feature incorporated into our main motor product, MotorGuard, embodies and amplifies this commitment, reshaping insurance protection into an all-encompassing shield that not only safeguards the vehicle but embraces every other important aspect of our policyholders’ lives. I’m extremely proud of this innovative approach we have taken, be it our products, our claim management process or our customer touchpoints, at every step of the way, we at HNBGI have strived to craft an experience that far surpasses conventional expectations.”
“The new 03 in 01 offering through our MotorGuard policy signifies more than just an enhancement” stated, Mr Lasantha De Alwis, Chief Technical Officer of HNB General Insurance. “This is a transformative leap that stems from our deep understanding of our policyholders’ evolving needs. To offer our customers additional home insurance coverage in the event of a fire and a personal accident cover along with their motor insurance policy, I believe will truly make waves in the market. Additionally, we also offer a host of other benefits, which have been an inherent feature of our MotorGuard Product. These include provisions for covering lease payments for extended vehicle repairs, a substantial cash grant for the education of the policyholder’s children in the unfortunate event of their demise due to an accident and a unique No Claim Bonus Match for the second vehicle, taxi allowances for alternate transportation needs and an emergency expense cover for situations where the vehicle becomes immovable post-accident.”
HNB General Insurance Limited (HNBGI) was incorporated in January 2015 and specializes in Motor and Non-Motor Insurance Solutions and is presently one of the fast-growing General Insurance Companies in Sri Lanka, with a network of 57 branches. The Company is ranked within the Top 100 Brands in the country and has been awarded a ‘National Insurer Financial Strength Rating’ of A- (lka) by Fitch Ratings Lanka Limited and has obtained the Great Place to Work® Certification. The Company was awarded the Motor Insurance Initiative of the Year – Sri Lanka award at the Insurance Asia Awards 2021, and is a fully owned subsidiary of HNB Assurance PLC.
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- Mr. Sithumina Jayasundara, CEO of HNBGI
