Business
HNB General Insurance makes a strategic leap towards a futuristic insurance system
In a bold move to accelerate its digital transformation, HNB General Insurance (“HNBGI”) has announced the launch of Project Phoenix, a strategic initiative in collaboration with Azentio Software to implement a world-class Core Insurance System. This ambitious project marks a significant milestone in HNBGI’s digital transformation journey, promising unparalleled value to its stakeholders.
Project Phoenix signifies HNBGI’s unwavering commitment to enhancing efficiency, accuracy, and overall operational effectiveness, ultimately benefiting all stakeholders. “This initiative aligns perfectly with our mission to create sustainable value through innovation,” said Sithumina Jayasundara, CEO of HNBGI. “The upgrade and customization brought about by Project Phoenix will propel us to new heights, elevating our competitiveness, operational efficiency, accuracy and agility in a rapidly evolving market. This, in turn, translates to better service delivery for our customers.”