Amãna Takaful Matara branch relocated to new strategic location

Thursday, 21 August 2014 00:00 - - {{hitsCtrl.values.hits}}

Amãna Takaful PLC (ATPLC), the only fully-fledged Takaful operator and the flag bearer of the Takaful way of insurance in Sri Lanka recently relocated its Matara branch to a new strategic location. The new branch, located at No. 36/1 St. Thomas Mawatha, Matara was ceremoniously inaugurated by Matara Deputy Mayor Ranjith Yasarathna along with Amãna Takaful Chief Executive Officer Fazal Ghaffoor in the presence of the company’s customers, staff, members of the local business community and well wishes. Amãna Takaful has served the people of Matara for the past six years, offering both Life and General insurance solutions. The company has branches in Galle, Hambantota and all key towns in the country.

Commenting on the relocation, Ghaffoor stated, “We are proud to have developed our presence in Matara where we have gained the trust and acceptance of the society. Our success in this multi-ethnic society highlights the fact that the Takaful way of insurance is not a community based solution; instead it is a solution that suits all Sri Lankans devoid of any bias. Today we have succeeded in gaining great acceptance in Matara and our reach extends to not only businesses but many households and institutions as well. We would like to thank the people of the region for embracing our concept of insurance. We hope that our new branch will continue to fulfill the diverse insurance needs of this community.”

Amãna Takaful recently kept to its promise of ‘redefining insurance’, by announcing a 15 percent payment of SURPLUS to its non-claimant policyholders. Amãna Takaful is the only insurer in Sri Lanka who shares a part of the SURPLUS from its risk fund at the end of a defined period. SURPLUS is commonly referred to as underwriting profit by insurance companies and usually forms part of a company’s retained profits. This signifies the company’s commitment to sharing and also makes the net cost of insurance cheaper for non-claimant Takaful policyholders. One of the few ISO certified insurance operators in Sri Lanka; ATPLC established in 1999 pioneered the concept of Takaful in Sri Lanka challenging the traditional insurance concept through its unique and equitable mechanisms. ATPLC also operates three key strategic business units that specialise in Life, General and Medical Takaful, and offers a unique approach to serve its respective customer segments. Amãna Takaful’s range of solutions includes; General insurance policies covering Fire, Burglary, Motor and Marine insurance. In the Medical category, several health insurance solutions for individuals and corporates are fashioned and tailored to suit various needs. Krutha Guna, an award winning one of a kind product targeting the medical insurance requirements of senior citizens, is one of Amãna Takaful’s key innovations within the industry during the recent past. In the Life category, the company offers child education, retirement, medium and long-term protection and investment solutions, mortgage protection and Group Life solutions for corporates. Amãna Takaful reaches out to all customer segments in Sri Lanka through its twenty-five branches island-wide.