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Janashakthi on a winning streak
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Colombo, 21st December, 2011: Janashakthi Insurance PLC has an exceptionally successful run garnering recognition with back to back accolades that include the CMO Asia Awards, Asian Leadership Awards, SLIM (Sri Lanka Institute of Marketing) Brand Excellence Awards, World Brand Congress Awards, National Business Excellence Awards 2011 and the recently held ICASL (Chartered Accountants of Sri Lanka) Annual Report Awards 2011. |
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Janashakthi's Managing Director Prakash Schaffter said, “Continuous improvement is a practice we have tried to inculcate in our pursuit of excellence. Winning awards are a nice reminder that we get it right at times and are better than competition or at least in the top end of the league. But eventually the most important award is the one that our customer gives us by giving us business and trusting us by coming back to us year on year. Our industry is pivoted around managing risk with long-term trust. Our ethos is to build consumer trust by being simply the best at what we do so that customers can expect fair value when they are most vulnerable”. |
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Janashakthi was the only Sri Lankan insurance company to secure 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 and Insurance category. Hosted by the World Brand Congress, the awards were presented at a glittering ceremony at Suntec, Singapore amidst a large gathering of representatives from Asia and the Middle Eastern region. Janashakthi emerged the triumphant winner in this category over leading global brands. The CMO Asia is dedicated to high-level knowledge-exchange through leadership and networking amongst senior CMO's and brand decision makers. |
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Janashakthi Insurance also clinched dual honours at the rigorous SLIM Brand Excellence Awards 2011, thus becoming the only insurance company in Sri Lanka to win dual awards at this prestigious event. These awards include Silver for ‘Service Brand of the Year’ and Bronze for ‘CSR Brand of the Year’. This was particularly prestigious as Janashakthi Insurance outshone the heavyweight financial services sector, winning silver to Telco gold. The company was particularly proud of the recognition for its social responsibility. Janashakthi’s CSR has nation building as its core where they strive to consistently make a difference and contribute to a stronger more sustainable community and environment. |
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The World Brand Congress 20111 held in Mumbai in November saw Janashakthi once again walk away with two more awards. They won the Brand Leadership Award for the Banking and Financial Services Category and the Overall Brand Leadership Award. The WBC is an annual meeting place for leaders embracing 60 countries worldwide and is judged by an independent international jury comprising Senior Professionals from Marketing, Branding, Advertising, Public Relations, Brand Strategy and Corporate Communications. |
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The momentum of winning International awards continued with the Asian Leadership Awards 2011 held at the Taj Palace Hotel in Dubai, when Janashakthi clinched the coveted “Business Innovation Award”. The ALA award showcases some of the top Corporates where they are evaluated on how well they adapt to changing business environments in delivering all-round stakeholder value. The glamorous event attracted the best of the best from Asia. The award highlights, recognizes and rewards their ability to steer their businesses through turbulent times, applying the best of business models to manage and keep their business on top of their game. |
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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 recognises 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. The competition undergoes an initial selection process followed by a rigorous review of the short listed reports selected by an eminent panel of judges. Bertal Pinto Jayawardene the GM finance at Janashakthi Insurance said, “It is an important recognition as we strive to ensure that we raise the bar on substantive content and proper disclosure. The real pride in such an award is that it affirms that best practices in financial reporting are in place”. |
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Adding another feather to its crown - the National Business Excellence Awards saw Janashakthi walk away with silver in the category of Insurance Provider for the 3rd consecutive year. Organized by the National Chamber of Commerce of Sri Lanka (NCCSL), the award honors excellence in a company's business model to create value for the customer and bring value into the company. The National Business Excellence Awards is an annual award competition conducted with the aim of recognising business enterprises, which have demonstrated excellence in business, while contributing to the economic progress of the country. |
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Janashakthi Insurance is gaining a name for innovation and customer-centric product features with Janashakthi Full Option leading the way in differentiation. The Product revolutionized the way insurance was sold with extensive benefits to the vehicle owner, occupants and even pedestrians. Other features include Island-wide on-site claims settlement, a 24 hour call centre and a highly professional full service auto centre .The Janashakthi Vehicle Emergency Policy is another standout that gives customers the unique option of subscribing to the service regardless of their motor insurance provider. Janashakthi Life Unlimited is a first of its kind “Life” policy where policyholders continue to enjoy hospitalization, accident benefits and a life cover even after the policy has matured.
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Janashakthi is one of the most profitable insurers in Sri Lanka with the highest paid up capital of 1.49 billion among quoted insurance companies and a strong track record of claims payments that now tops Rs 20 billion Spending over 30 million per annum on human capital, the company aspires to be simply the best. 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.
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