Janashakthi leadership speaks of 18 years of success

Janashakthi Insurance, one of Sri Lanka’s leading insurance companies, marks 18 years of business excellence and service to the nation today (15).

Janashakthi began operations in 1994, as a specialised Life insurer. A year later, the firm diversified in to General insurance, and to date, continues to blaze a trail in Sri Lanka.

The insurer thrives in the industry offering a wide spectrum of innovative and customised business continuation and risk management solutions from life to  health, vehicle, household, travel and retirement  to  individuals as well as corporates.

The Janashakthi brand has touched the lives of over a million Sri Lankans with friendly and personalised services.

“With a dedicated team of technical, underwriting and claims professionals with considerable years of industry experience and deep insurance knowledge, we take pride providing the highest quality service and look forward to working with our clients, tailor making financial protection plans to suit their needs,” said General Manager Insurance Dayalanie Abeygunawardena, who heads both Life and General insurance operations at Janashakthi, with over two decades of industry experience.

General Manager – Sales and Marketing Shehara De Silva, with over two decades of exposure in international marketing, said: “Janashakthi is on an aggressive distribution strategy to further expand its network of over 100 branches islandwide. A total new branch outlook is being launched, to provide a better service to our customers. Most of the existing branches will be upgraded with modern comfort and convenience, to be seen as the best of class in everything we do to retain and win new customer.”

Janashakthi is also one of the most profitable and stable  insurers in Sri Lanka, with the highest stated capital of Rs. 1.49 billion among quoted insurance companies and a strong track record of claims payments that now tops Rs. 20 billion.

“We have achieved a remarkable milestone by recording a profit after tax of Rs. 164 m for 1H 2012, and emerging once again as one of the most consistently profitable insurers among all quoted insurance companies in Sri Lanka,” said Bertal Pinto-Jayawardena, General Manager, Finance and Planning.

“We declared a dividend of Rs. 1 per share; the highest dividend yield in the industry, reflecting our company’s financial stability and the transparent management of our business,” he added.

Spending over Rs. 60 million per annum on human capital development, Janashakthi aspires to be simply the best at what it does. At every level everyone is part of the Janashakthi family.

“Our staff is encouraged to pursue interests and hobbies, while we give them every incentive to excel in their work. As part of the company’s pledge to offer the fairest and greatest value in risk mitigation to its customers, it has an exceptional track record of market delivery and pro-people market innovation,” said Gamini Peiris, General Manager – Human Resources and Administration, a ‘people’ leader’ with over 20 years of experience in finance and administration.