HNB General Insurance Introduces an All-Risk Bicycle Insurance Policy

HNB General Insurance Limited (HNBGI), a leading general insurance service provider in the country recently introduced a cover for bicycles under its all-risk insurance policy. This cover offers several benefits to owners, providing peace of mind to enjoy their ride.

Sharing his views on the cover, Mr. Sithumina Jayasundara, Chief Executive Officer of HNBGI stated, “We are all currently navigating through challenging times, overcoming multiple hurdles, and as a business it’s all about being in sync with the times and endeavouring to innovate and offer solutions that fulfill needs of the market and help address pain points by providing peace of mind to our people. Keeping in line with the trend and growing demand for bicycles, HNBGI added Bicycle Insurance to its product bouquet to look after cyclists and their ride. I’m confident that this product will help riders enjoy their ride knowing that they are covered”.

Chief Technical Officer of HNBGI, Mr. Lasantha De Alwis shared his views stating, “Cycling which is a popular hobby has now become a way of life to most Sri Lankans. As we all know cycling has its own benefits and helps in keeping us healthy, fit and contributes to our psychological wellbeing while reducing the carbon footprint. As a sustainable business, HNBGI is happy to launch this timely product and this product could be obtained from your nearest HNBGI Branch”.

Mr. Harith Perera, Manager – Non-Motor of HNBGI explained the products features stating, “This innovative cover developed as an all-risk policy offered by HNBGI includes a Theft Cover, loss due to accidental damage, Personal Accident Cover, medical expenses due to accidental injury, Third Party Liability Cover, and other optional covers including Strike, Riot, and Civil Commotion Cover, Terrorism Cover and Burglary Cover”.

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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