HNB Assurance to upgrade core-system with AETINS-KGiSL

Friday, 8 July 2022 00:49 - - {{hitsCtrl.values.hits}}

HNBA and HNBGI Chief Information Officer Suneth Jayamanne, Non-Independent/Non-Executive Director - Alternate Director Dr. Prasad Samarasinghe, Non-Independent/Non-Executive Director Dilshan Rodrigo, Chairperson Rose Cooray, HNBA Chief Executive Officer Lasitha Wimalaratne, KGiSL Insurance Practice Vice President Saraswathy Sarangapany, Director - Insurance Solutions and Consulting Ravindra Mohan, Vindya Udari, HNBA Chief Compliance Officer Sitari Jayasundara and Head Of Support Services Geethani Saram

HNB Assurance (HNBA) recently partnered with AETINS-KGiSL, a leader in innovation and information technology to upgrade its core system.

The agreement was signed by HNBA Chief Executive Officer Lasitha Wimalaratne and KGiSL Insurance

HNBA and HNB General Insurance Ltd Chairperson Rose Cooray said: “In today’s context information technology and every component associated has become vital for the survival of business ventures across the globe and the success of businesses highly rely on efficient processes and systems to cope up with demands and challenges in the market. This partnership reflects on our vision to transform HNBA into an even more progressive, dynamic, and innovative business. A system of this nature combined with the core competencies, expertise and knowledge of a vibrant and energetic team will lead HNBA in the right direction to build a legacy of its own.”

HNBA Chief Executive Officer Wimalaratne said: “Innovation and technology go hand in hand and if we are to digitally disrupt the market we should be fully geared with the latest technology, systems and processes and this partnership will enable us to gain access to a more efficient core business system. The new system will help us rethink and reengineer the core pillars of the business to achieve agility in everything that we do and say and thereby enabling seamless integration between the superlative experience that we provide to our customers and core business system.”

HNBA and HNBGI Chief Information Officer Suneth Jayamanne said: “HNBA embarked on a journey to completely transform its processes and systems and this is a key milestone in the journey. This system will continue to enhance flexibility, efficiency, performance and digital capabilities within the organisation and its value chain. The team at HNBA is excited to partner up with a leader in this sphere and look forward to combining strengths and sharing synergies.”

KGiSL Insurance Practice Vice President Saraswathy Sarangapany said: “We are indeed thrilled to join hands with HNB Assurance, a leader in the life insurance market in Sri Lanka. This partnership will surely help HNBA to reshape and set new benchmarks in the industry. This core system will provide accurate and timely information and calculations whilst increasing efficiency and productivity of employees at the same time reducing the scope for errors. It also provides 360-degree insight of customers for more upselling and cross selling and enhances meaningful engagement with customers as business agility is instrumental in taking any entity to the next level. The new core system will be implemented within a short span of time, and we are confident that this system will help HNBA and its teams to optimise and improve level of efficiency and to keep pace with ever-changing technology.”