Orient Insurance Ltd., one of the fastest growing general insurance companies in Sri Lanka, opened yet another fully-fledged state-of-the-art branch office in Panadura, situated at the convenient location of 3B, Galle Road, Pinwatta, Panadura. The new office boasts easy access, ample parking, and many customer conveniences.

Recently the company opened such similar offices in Avissawella, Kegalle, and Dambulla. Orient Insurance, a fully-owned subsidiary of Orient Insurance PJSC, a prominent member of the prestigious Al-Futtaim Group, one of the largest trading houses in United Arab Emirates and operating in 29 other countries with more than 42,000 employees.

Commenting on the occasion, Chairman of the company, senior insurance veteran and Orient Group of Insurance Companies President Omer Elamin observed: 'Orient Insurance is here to stay and brings a host of world class insurance solutions and best practices to Sri Lanka.'

He further expounded: 'The excellent results shown by the company during the past years in Sri Lanka has fused the growth momentum for the company creating great value to all the stakeholders in Sri Lanka.' Chief Executive Tanuj Edward observed: 'Orient Insurance had dedicated this year to bring insurance closer to the door steps of our valued customers and business partners. This Panadura branch opening too is in pursuit of this objective.'

He added: 'The insurance awareness and penetration levels in Sri Lanka are extremely low and Orient Insurance is making a conscious decision. We are very keen to take every possible step to educate customers and bring protection closer to them.'

Head of Distribution Rochana Kulatunge emphasised that the company was fully geared and energised to provide an unmatched service experience to all customers and stakeholders. Amidst much fan-fare from islandwide invitees, the Panadura Branch Manager Thilina Silva accepted formal responsibilities from the Zonal Head of his Region Dhammika Gunasena.

Orient prides itself of an empowered workforce, continued premium growth, profitability, a solid balance sheet, substantial growth in shareholder returns, and healthy partnerships with customers, business partners and intermediaries. With a portfolio of strong growth potential, balanced product mix, financial backing of a multinational, and a highly empowered management team, Orient Insurance Sri Lanka is rightly poised to offer innovative and affordable insurance solutions which would encourage the masses of our country to consider Insurance and believe

in it.

Orient Insurance PJSC is equipped with credit ratings of 'a+' from AM Best and 'A' rating from S and P, the highest in the MENA region. The Orient brand promises financial stability in the global market place and is the Official Insurance Provider for the prestigious Expo 2020, Dubai.

Orient Insurance PJSC reported Gross Written Premium of $ 1.1 billion and net profit of $ 116 million for the year 2019 strengthening its position as the UAE Insurance Market Leader.

Elamin said: 'Year 2019 marked another excellent year for Orient where we delivered strong results consolidating our position as the market leader. The excellent results are a confirmation of our leading market position in all financial parameters - Premium, Net profit, Equity and Investments. We look forward to building on the momentum generated, as we leverage our proven ability to navigate the current dynamic market. The strong results are a testament to the trust and support of our clients and business partners.'

Along with the strength of a multinational, the company believes that the core of their business is the customer and persistently strive to win loyalty through superior service. Employees are invaluable to the company and it assists and encourages them to grow and realise their potential. This dual commitment in place, and its inherent values of Respect, Integrity, Collaboration and Excellence makes Orient Insurance the 'rising star' in Sri Lanka's general insurance sector.

© Pakistan Press International, source Asianet-Pakistan