Adding to its series of successful bancassurance collaborations with leading financial institutions, HNB General Insurance has announced a strategic partnership with the Regional Development Bank (RDB), marking a pivotal step toward delivering comprehensive insurance solutions to RDB’s extensive rural and SME-focused customer base.

The Memorandum of Understanding (MOU) was signed by RDB Chairman Mr. Lasantha Fernando and HNB General Insurance CEO Mr. Sithumina Jayasundara, witnessed by senior management teams from both organizations.

Through this partnership, HNB General Insurance will provide tailored motor and non-motor insurance solutions, catering specifically to RDB's customers in underserved rural areas and the SME sector. This collaboration aligns with RDB's mission to uplift rural communities through accessible financial services, empowering individuals in agriculture, livestock, fisheries, and small industries, thereby fostering economic growth.

Commenting on the partnership, HNB General Insurance CEO Mr. Sithumina Jayasundara stated, "RDB Bank is a respected institution, well-known for its commitment to uplifting rural communities and SMEs across the country. This partnership allows us to reach out to a broad customer base with a comprehensive range of insurance solutions tailored to their needs. It underscores our commitment to delivering protection and peace of mind while creating substantial value for both organizations and the communities we serve."

RDB Chairman Mr. Lasantha Fernando added, "At RDB Bank, our focus is always centered on providing the most comprehensive financial solutions. This collaboration allows us to complement our robust banking services with some of the most extensive insurance solutions available. Reaching our unique customer base in rural and SME segments, this partnership represents a significant milestone in our journey to empower communities and support economic development."

The partnership between HNB General Insurance and RDB Bank underscores their shared commitment to enriching the lives of underserved communities. By combining their strengths, the two institutions aim to offer holistic financial and insurance solutions, fostering resilience and contributing to inclusive economic growth across Sri Lanka.

Image Caption : HNBGI and RDB Bank teams at the signing of the MOU.