Industry Analysis

HNB Assurance and Cargills Bank Partner for Tailored Insurance Solutions

HNB Assurance (HNBA) has announced a strategic partnership with Cargills Bank, aimed at offering tailored insurance solutions designed to meet the specific needs of their customers. This collaboration marks a significant advancement in HNBA’s commitment to expanding and enhancing its insurance offerings.

The partnership leverages Cargills Bank’s strong financial infrastructure alongside HNBA’s industry expertise to deliver valuable and secure insurance products. This alliance not only reinforces their market position but also aligns with their shared vision of integrating comprehensive financial and insurance services to boost customer satisfaction.

Sanesh Fernando, Chief Business Officer at HNB Assurance, commented, “At HNBA, we pride ourselves on our successful partnerships and our recognition as the top bancassurance provider for four consecutive years. Our collaboration with Cargills Bank represents a major step towards strengthening our market presence. As a leading bancassurance provider, we are committed to offering exceptional service and innovative products that address our customers’ evolving needs. We are enthusiastic about the opportunities this partnership brings and appreciate the efforts of both teams in bringing this collaboration to fruition.”

Lasantha Mahendrarajah, Assistant General Manager – Retail and SME Business at Cargills Bank, expressed his enthusiasm for the new alliance, stating, “We are thrilled to partner with HNB Assurance to provide our customers with comprehensive insurance solutions. This partnership is in line with our goal of offering holistic financial products. Together, we aim to make a substantial impact on our clients’ financial well-being. I am confident this collaboration will enhance our service offerings and foster lasting relationships with our clients, based on trust and reliability.”

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