Janashakthi, eighteen years in business

Janashakthi Insurance, one of Sri Lanka's leading insurance companies, celebrates 18 years of business excellence and service to the nation.

Dayalanie Abeygunawardena, Heads of Life and General Insurance	Shehara De Silva, General Manager Sales and Marketing	Bertal Pinto-Jayawardena, General Manager, Finance and Planning	Gamini Peiris, General Manager, Human Resources and Administration

Janashakthi began operations in 1994, as a specialized Life Insurer. A year later the firm diversified into general insurance, and todate, continues to blaze a trail in Sri Lanka. The insurer thrives in the industry offering a wide spectrum of innovative and customized business continuation and risk management solutions from life to health, vehicle, household, travel and retirement to individuals as well as corporates.

The Janashakthi brand has touched the lives of over a million Sri Lankans by friendly and personalized services. “With a dedicated team of technical, underwriting and claims professionals with considerable years of industry experience and deep insurance knowledge, we take pride providing the highest quality service and look forward to working with our clients, tailor making financial protection plans to suit their needs,” says General Manager Insurance, Dayalanie Abeygunawardena, who heads both Life and General Insurance operations at Janashakthi with over two decades of industry experience.

Shehara De Silva, General Manager, Sales and Marketing with over two decades of exposure in international marketing says “Janashakthi is on an aggressive distribution strategy to further expand its network with 100 branches islandwide. A total new branch outlook is being launched, to provide a better service to our customers. Most of the existing branches will be upgraded with modern comfort and convenience, to be seen as the best of class in everything we do to retain and win new customer.”

Janashakthi is also one of the most profitable and stable insurers in Sri Lanka with the highest stated capital of Rs. 1.49 billion among quoted insurance companies and a strong track record of claims payments that now tops Rs 20 billion. “We have achieved a remarkable milestone by recording a Profit after Tax of Rs 164 million for 1H 2012, and emerging once again as one of the most consistently profitable insurers among all quoted insurance companies in Sri Lanka” says Bertal Pinto Jayawardena, General Manager, Finance and Planning.

“We declared a dividend of Rs 1.00 per share; the highest dividend yield in the industry, reflecting our company's financial stability and the transparent management of our business,” he added. Spending over Rs. 60 million per annum on human capital development, Janashakthi aspires to be simply the best at what it does. At every level every one is part of the Janashakthi family.

Our staff is encouraged to pursue interests and hobbies while we give them every incentive to excel in their work. As part of its pledge to offer the fairest and greatest value in risk mitigation to its customers, it has an exceptional track record of market delivery and pro-people market innovation“ says Gamini Peiris, General Manager, Human Resources and Administration, a ‘peoples’ leader’ with over 20 years of experience in finance and administration.

Janashakthi's CSR is built on the bedrock of a vision that incorporates the brand metaphor of light into its aims.

The ubiquitous lamp that aspires to light the lamp of insurance in every home has systematically built around the core values of simplicity, fairness, authenticity, inclusivity and innovation. Janashakthi's brand ambition to be the most ethical insurer in a world fraught with unfairness pushes the company to strive for service excellence.