About Us > History & Milestones  
   

2012

 

 

Janashakthi Insurance PLC has entered in to an agreement with India’s multi-specialty dental clinic and orthodontic centre, Dentavista Healthcare Private Limited to launch a unique, one of its kind dental insurance scheme. The scheme Denta Shakthi, allows customers routine treatments such as scaling and root canals plus specific orthodontic and implantology treatment of dental implants, gum surgery, crown and bridge and even removable appliances for children based on the dental cover and premium structure.

     

 

 

Janashakthi tops 7 bln in turnover as at end 2011

 
Janashakthi Insurance PLC, Sri Lanka’s third biggest insurer, posted a total income of Rs. 7.27 billion rupees, while total Gross Written Premium income rose 16.0 per cent to Rs. 7.13 billion for the year- ending December 31, 2011, the best ever performance of the company.
 

Non-life insurance business rose 18.0 per cent to Rs. 5.256 billion during the period under review.

     

 

 

The company recently joined the ranks of the most transparent companies in the country at the association of Chartered Certified Accountants Sustainability Reporting Awards, securing the top spot in the first time report category.

     

 

 

Janashakthi launches pahan pelahera at beira lake with 600 plus employees and 40 orphans writing their hopes on a wishing wall as part of the launch of the light up your dreams life campaign

     

 

 

Launched bancassurance tie up with Union Bank Janashakthi Insurance PLC and Union Bank of Colombo PLC (UBC) entered into an agreement that allows UBC customers convenient access to a multitude of Janashakthi’s insurance solutions for individuals and corporates. This strategic tie-up will enable Union Bank’s retail and corporate clients access to obtain Janashakthi policies from 15 selected UBC branches

     

 

 

Governance and disclosure- ICA annual report awards Sri Lanka’s most celebrated annual reports awards ceremony, organized by the Institute of Chartered Accountants of Sri Lanka bestowed Bronze on Janashakthi for the insurance category. The award recognizes excellence in annual financial reporting and encourages effective communication to stakeholders through the publication of informative annual reports, promoting effective presentation of financial and non- financial information.

     
 
   

2011

 

 

Janashakthi insurance launched another revolutionary product- the Janashakthi livestock insurance Policy. Private owners, Dairy farms, co-operatives, corporate dairies and livestock breeders across Sri Lanka can take out a policy to insure their cattle, goats and poultry.

     

 

 

Janashakthi and Singer team up for on-line motor insurance policies

Janashakhti Insurance PLC and Singer Sri Lanka PLC recently joined hands to launch yet another innovative service enhancement in motor insurance to its valued customers.

     

 

 

Janashakthi Insurance PLC tied up with eight major Sri Lankan banks to give 1800 payments points to its thousands of life policy holders across the country greater flexibility when paying their monthly premiums.

     
 

Janashakthi Insurance PLC enriched its wide-ranging portfolio of insurance products with the launch of ‘Janashakthi Hotel Plus’ for Sri Lanka’s growing tourism and hotel industry. Hotel Plus is a comprehensive insurance policy, which provides insurance cover to all operators ranging from star-class hotels, boutique hotels to all Tourist Board approved Rest Houses.

     
 

Janashakthi Insurance PLC blazes yet another trail as it offers Sri Lankan motorcyclists a number of special benefits hitherto not offered to date in the country’s highly competitive insurance industry.

     
 

Global Recognition for Janashakthi at 2nd CMO Asia Awards -Only Sri Lankan insurance company to be recognized

Janashakthi Insurance PLC was the only Sri Lankan Insurance company to clinched top honours at the 2nd CMO Asia Awards for Excellence in Branding and Marketing with the “Award for Brand Excellence” in the Banking, Financial Services & Insurance category.

The awards were hosted by the World Brand Congress and were presented amid a large and representative gathering at a glittering ceremony at Suntec, Singapore.

     
 

Janashakthi Insurance PLC was crowned with the acclaimed ‘Business Innovation Award’” at the prestigious Asian Leadership Awards held at the Taj Palace Hotel in Dubai.

     
 

Janashakthi Insurance PLC clinched dual honours at the glittering SLIM Brand Excellence Awards 2011, thus becoming the only insurance company in Sri Lanka to win the highest number of awards at this prestigious event.

JIPLC won the Silver for ‘Service Brand of the Year’ and a Bronze for ‘CSR Brand of the Year’.

   

2010

 

 

Janashakthi Insurance PLC has created yet another revolution in Sri Lanka’s insurance industry with the launch of the country’s first-ever 24- hour vehicles breakdown policy- “Full Option Vehicle Emergency Policy”.

     
 

Janashakthi Insurance PLC clinched triple honours at the glittering SLIM Awards 2010, thus becoming the only insurance company in Sri Lanka to win the highest number of awards in the service category winning the Silver for ‘Turnaround Brand of the Year’, and two Bronze each for ‘Local Brand of the Year’ and ‘Service Brand of the Year’.

     
 

Janashakthi Insurance PLC launched a unique Sports Insurance Policy, for the benefit of all sportsmen and women in Sri Lanka.

     
 

Janashakthi Insurance PLC clinched dual honours for two consecutive years at the glittering 19th World Brand Excellence Awards Ceremony held in Mumbai, India. It was bestowed with the prestigious “Award for Banking and Financial Services” and the “Award for Overall Brand Leadership”.

     
 

Janashakthi Insurance, one of the few insurers specialized in Sri Lanka for Directors' and Officers' (D&O) Liability Insurance, carried out a workshop in association with Howden Insurance Brokers, for their underwriters and top sales professionals to enable them to keep abreast with the latest developments taking place globally in D&O Insurance.

   

2009

 

 

Janashakthi launched Expacare Worldwide Health Insurance in February. This policy is fully reinsured with the world-renowned DKV Insurance Company. It provides a wide range of plans including individual, family, group or corporate covers.

     
 

Janashakthi Insurance PLC announced its tie-up with renowned global giant re-insurer Hannover Re and international microinsurance specialist Planet Guarantee to launch a range of microinsurance products in Sri Lanka

   

2008

 

 

Janashakthi was the only insurance company in Sri Lanka to be awarded at the SLIM Brand Excellence Awards 2007, carrying away 3 awards.

 

Janashakthi Squash tournament was conducted for the 6th consecutive year at the Tamil Union squash courts.

The Janashakthi Sailing Nationals-2008 was held at the Bolgoda lake for the 4th consecutive year.

 

Janashakthi Insurance PLC announced its tie-up with renowned global giant re-insurer Hannover Re and international microinsurance specialist Planet Guarantee to launch a range of microinsurance products in Sri Lanka

   

2007

 

 

Premier motor brand Janashakthi Full Option was re-launched with a new brand logo identity.

Janashakthi and Nawaloka Hospitals entered into a strategic tie-up in order to give a better service and value for money exclusively for Janashakthi medical policyholders.

   

Launched a scheme to sponsor and employ outstanding school leaver athletes.

   

2006

 

 

Janashakthi Insurance struck Gold as the No.1 Service Brand of the year, a significant achievement, having competed against market leaders in insurance, leading banks, finance companies and large conglomerates. Organized by the Sri Lanka Institute of Marketing, this year’s Brand Excellence Awards also crowned Janashakthi Full Option as the Best Innovative Service Brand of the Year, and Janashakthi Corporate, as the Best Local Service Providing Brand of the Year.

   

2005

 

 

Janashakthi becomes the 3rd largest insurer in Sri Lanka by the end of 1st Quarter 2005, in terms of the overall Gross Written Premium(GWP).

   

2004

 

 

The company's 10th year of operation registered a record turnover of Rs. 3.1 billion premium income, thus becoming the only insurer in Srilanka to surpass the Rs. 3 billion mark within the first 10 years of operations in Srilanka. The company also relaunched it's comprehensive motor insurance policy as Janaratha Full Option with an unprecedented package of benefits including onsite claim settlement with a dedicated 24 hr Call Centre.

   

2003

 

 

The Janashakthi Group diversified into banking, financing, development banking, porcelainware, property development and Agriculture by investing in strategic stakes of various companies.

   

2002

 

Janashakthi became the first private insurer in Sri Lanka to open a representative office overseas, establishing a branch office in Maldives.

 

 

In the same year, branches were established in Jaffna and Batticaloa in the Northern and Eastern Provinces with the Ceasefire and Memorandum Of Understanding.

   

2001

 

Janashakthi Insurance acquired a controlling interest in National Insurance Corporation Ltd.

In the same year the Life Operations Department received ISO 9001 International Service Quality Accreditation. Janashakthi was in fact the first insurer in Sri Lanka to have obtained this certification.

The premium income in the year 2001 exceeded Rs. 1 Billion.

 

 

 

The company undertook 2 major Test Cricket sponsorships- the SL vs. West Indies and SL vs. Zimbabwe Test Series.

   

2000

 

 

Janashakthi Life and Janashakthi General merged and formed one strong entity called Janashakthi Insurance Co. Ltd.

   

1998 & 1999

 

 

The company began exercising social responsibilities as a corporate entity by becoming involved in several social projects. A massive programme for the safety of people on the highway, in Colombo, was undertaken at Pedestrian Crossings, Guard Rails and Belisha Beacons.

   

1997

 

 

Janashakthi Life made Profits and the company was able to declare their first bonus to policyholders. The company moved to an aggressive advertising and marketing strategy in 1997 with the sponsorship of the Sri Lanka vs. India Test match. The winner's trophy was brought to the stadium via a Helicopter Drop, a unique and unparalleled feat.

   

1996

 

 

Janashakthi took the concept of insurance to people's doorsteps. We embarked on a rapid regionalisation programme and established one of the widest branch networks in the industry.

   

1995

 

 

Janashakthi General Insurance Co. Ltd. was established on 20th September 1995 as Sri Lanka's first specialised general insurer.

   

1994

 

Janashakthi began operations on 15th September 1994, as Sri Lanka's first specialised life insurer.

 

 

 

 

Our First Board of Directors

   

1992

 

 

Janashakthi Life Insurance Co. Ltd was incorporated in Sri Lanka as a public company with limited liability in 29th October 1992.

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