HNB Assurance recognises Partnership Channel

Friday, 31 January 2025 03:04 - - {{hitsCtrl.values.hits}}

HNB Assurance recently concluded its much-anticipated Partnership Life 2025 event, a gathering dedicated to recognising the exceptional contributions of its Partnership Channel in 2024, while outlining its vision for 2025.

Last year, the Partnership Channel reached unprecedented heights, achieving a Gross Written Premium (GWP) of over Rs. 6.5 billion, a remarkable 31% year-on-year growth. The channel’s New Business Premium (NBP) surpassed Rs. 1.4 billion, reflecting a stellar 39% increase compared to the previous year.

Speaking at the forum, HNB Assurance CEO Lasitha Wimalaratne remarked, “Having witnessed our journey over the past few years and reflecting on our achievements from last year, I can confidently say that we have the strongest or the best Bancassurance channel in the country. As we set our goals for the year ahead, I want to emphasise that our success is built on this incredible team’s dedication, expertise along with the strong support and commitment of our partners. As a company, while we aggressively drive growth, we have also strengthened our processes and infrastructure to enhance efficiency and better support each of you. With this strong foundation, I am confident that we can fully capitalise on the momentum and potential while together, through our collective efforts, we will reach even greater heights this year.”

“Partnership Life 2025 is more than just a celebration, it is a reflection that encapsulates not only the professional journey of our team but supports the well-being of their entire life, hence the name Partnership ‘Life’,” said Chief Business Officer of Partnership Business Sanesh Fernando. “Looking back on the past year, I’m proud to say it was an exceptional one for us, marked by growth across nearly every area of our business. What stands out most is the outstanding achievement of 135 MDRT qualifiers, including 22 COTs and 5 TOTs, which is a testament to the talent and calibre of our team. I must also convey my heartfelt thank you to Hatton National Bank, our other partner banks and broker network for their support. These partnerships are what continues to drive our shared journey towards excellence,” Fernando added.