HNB Assurance wins a global award for brand excellence

Wednesday, 28 November 2012 02:36 - - {{hitsCtrl.values.hits}}

HNB Assurance was adjudged a winner in the ‘Service Industry’ category at the Global Awards for Brand Excellence, in recognition of its contribution towards the insurance industry through strategic marketing initiatives carried out by the company.

The award was presented to HNB Assurance at the 2012 Global Awards for Brand Excellence of the World Brand Congress, held at Taj Lands End, Mumbai, on Friday, 23 November, at a gala ceremony at which brand builders from many countries were present.

The World Brand Congress is one of the largest rendezvous of the best brains behind some of the world’s most successful and sought after brands and is a meeting place for leaders from every sector and continent

Commenting on the company’s success, Manjula de Silva, Managing Director of HNB Assurance said, “This is a great achievement for the HNB Assurance brand. We are delighted to win this award which recognises the commitment of our strategic marketing initiatives to provide our customers with the best possible range of insurance solutions.”

Lalith Fernando, General Manager, Marketing and Distribution added, “This is the first international marketing award for HNB Assurance.This is a great achievement and great step forward for a very young brand like HNB Assurance.”

The Award was accepted in Mumbai on behalf of HNB Assurance by Dilshan Perera, the company’s head of marketing. HNB Assurance PLC has recorded remarkable growth rates of 265% and 336% in respect of profit before tax and profit after tax respectively for the nine months ended 30 September 2012. Accordingly, it has reported a profit before tax of Rs. 173.85 million and a profit after tax of Rs. 139.89 million as per the interim financial statements released to the Colombo Stock Exchange.

HNB Assurance is one of the fastest growing insurance companies in Sri Lanka with a network of 51 branches. HNB Assurance has also been awarded “A (lka)” as its insurer financial strength rating and national long term rating by Fitch Ratings Lanka Ltd.