MoU signing between HNB General Insurance and Asia Corp Insurance Brokers

HNB General Insurance joined hands with Asia Corp Insurance Brokers Ltd. to introduce an exclusive 07 in 01 comprehensive insurance package. This collaboration enables a truly ground breaking insurance product, which signifies a significant leap in the insurance industry by seamlessly merging motor and non-motor insurance covers into a single comprehensive policy.

"07 in 01" is the first of its kind in the market, an offering which allows policyholders to consolidate all their insurance requirements, mirroring six additional covers within a single motor policy, simplifying the insurance process and enhancing convenience.

Speaking at the MoU signing HNB General Insurance CEO Sithumina Jayasundara stated, "By combining motor and non-motor insurance covers into a single policy, we are revolutionising the way insurance is approached. "7 in 1" offers our valued customers a simplified and streamlined experience, eliminating the complexities of managing multiple policies. I'm delighted to have ACIB on board to help us take this product to market, their expertise will certainly bring more value to the overall offering."

Asia Corp Insurance Brokers Ltd. Chairman Sunil de Silva sharing his thoughts on the MoU, opined "We are thrilled to be a part of this endeavor and are truly honored by the partnership. With the collective strength forged through this MoU, we are confident in our ability to deliver an elevated and outstanding proposition to all our valued customers. The introduction of this revolutionary product '7 in 1', marks a significant milestone in the industry, and we are excited to bring this ground-breaking offering to the market in collaboration with HNBGI'.

HNB General Insurance (HNBGI) was incorporated in January 2015 and specialises 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 56 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 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.