HNB General Insurance Limited (HNBGI) has formed a landmark strategic partnership with HNB Stockbrokers (Pvt) Ltd, representing a significant milestone in the HNB Group’s mission to deliver seamless and comprehensive financial services through enhanced group synergy.
This collaboration is aimed at providing specialized general insurance solutions directly to HNB Stockbrokers’ customers, ensuring that investors can protect their assets and lifestyles with the same expertise employed in growing their wealth. This initiative embodies “Group Synergy in Action,” leveraging the collective strengths of the HNB ecosystem to offer superior value and convenience to its diverse clientele.
The official agreement was signed at a ceremony attended by Sithumina Jayasundara, Director/CEO of HNB General Insurance; Ray Abeywardena, MD/Group CEO of HNB Investment Bank; and Prashan Fernando, Director/CEO of HNB Stockbrokers.
By integrating HNB General Insurance’s robust insurance portfolio with HNB Stockbrokers’ strong relationship with the investor community, the partnership establishes a one-stop financial ecosystem. This initiative simplifies access to protection products—ranging from motor and home insurance to specialized corporate covers—tailored to the needs of sophisticated investors.
Sithumina Jayasundara, Director/CEO of HNB General Insurance, remarked on the partnership, “At HNB General Insurance, we believe that true financial security involves both growing your assets and protecting them. This partnership with HNB Stockbrokers exemplifies HNB Group’s synergy in action. By incorporating our insurance expertise into the stockbroking journey, we are making it easier than ever for our clients to access client-focused protection that secures their future and their families.”
Prashan Fernando, Director/CEO of HNB Stockbrokers, added, “Our commitment has always been to provide our clients with more than just a trading platform; we aim to be their total financial partner. Collaborating with HNBGI allows us to significantly enhance our value proposition. We can now offer our clients a more holistic service, ensuring that while they focus on building their portfolios, their broader insurance needs are addressed by one of the most trusted names in the industry.”
This partnership serves as a blueprint for how the HNB Group continues to evolve. By breaking down silos between banking, investments, and insurance, the Group is creating a more resilient and integrated service model. This strategic alignment not only strengthens the Group’s internal cohesion but, more importantly, ensures that the end customer benefits from a more efficient, sophisticated, and comprehensive financial journey.
