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HNBGI signs MOU with ACIB to offer comprehensive 07 in 01 insurance coverage

MOU Signing between HNB General Insurance and Asia Corp Insurance Brokers (Pvt.) Ltd

HNB General Insurance joined hands with Asia Corp Insurance Brokers (Private) Limited to introduce an exclusive 07 in 01 comprehensive insurance package. This collaboration enables a truly groundbreaking insurance product, which signifies a significant leap in the insurance industry by seamlessly merging motor and non-motor insurance covers into a single comprehensive policy.

“07 in 01” is the first of its kind in the market, an offering which allows policyholders to consolidate all their insurance requirements, mirroring six additional covers within a single motor policy, simplifying the insurance process and enhancing convenience.

Speaking at the MOU signing, Sithumina Jayasundara, CEO of HNB General Insurance, stated “By combining motor and non-motor insurance covers into a single policy, we are revolutionizing the way insurance is approached. ‘7 in 1’ offers our valued customers a simplified and streamlined experience, eliminating the complexities of managing multiple policies. I’m delighted to have ACIB on board to help us take this product to market, their expertise will certainly bring more value to the overall offering.”

Mr. Sunil de Silva Chairman of Asia Corp Insurance Brokers (Pvt.) Ltd. sharing his thoughts on the MOU, opined “We are thrilled to be a part of this endeavor and are truly honored by the partnership. With the collective strength forged through this MOU, we are confident in our ability to deliver an elevated and outstanding proposition to all our valued customers. The introduction of this revolutionary product 07 in 01, marks a significant milestone in the industry, and we are excited to bring this groundbreaking offering to the market in collaboration with HNBGI”

HNB General Insurance Limited (HNBGI) was incorporated in January 2015 and specializes in Motor and Non-Motor Insurance Solutions and is presently one of the fast-growing General Insurance Companies in Sri Lanka, with a network of 56 branches. The Company is ranked within the Top 100 Brands in the country and has been awarded a ‘National Insurer Financial Strength Rating ’of A- (lka) by Fitch Ratings Lanka Limited and has obtained the Great Place to Work® Certification. The Company was awarded the Motor Insurance Initiative of the Year – Sri Lanka award at the Insurance Asia Awards 2021, and is a fully owned subsidiary of HNB Assurance PLC.

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