HNB General Insurance (HNBGI) has taken a bold step towards advancing its digital transformation strategy with the announcement of Project Phoenix. In collaboration with Azentio Software, this transformative initiative aims to implement a world-class Core Insurance System, marking a crucial milestone in HNBGI’s digital journey and promising unparalleled value to its stakeholders.

Project Phoenix underlines HNBGI’s commitment to enhancing efficiency, accuracy, and overall operational effectiveness, providing substantial benefits to all stakeholders. Sithumina Jayasundara, CEO of HNBGI, highlighted, “This initiative aligns perfectly with our mission to create sustainable value through innovation. 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.”

Azentio Software, a distinguished banking, financial services & insurance (BFSI) software company headquartered in Singapore, stands as HNBGI’s trusted partner in this transformative journey. With over 25 years of expertise, Azentio serves 1,000+ clients across 65 countries, including 130+ insurance clients in Asia Pacific, the Middle East, and Africa. Azentio ONEInsurance platform enables the quick launch of unique insurance products, aggressive selling, and digital engagement, transforming organizations into customer-centric entities while ensuring efficiency, compliance, and security.

Jatinder Bedi, Vice President – BFSI at Azentio Software, expressed, “We are honored to collaborate with HNBGI on Project Phoenix. Our expertise lies in providing cutting-edge insurance solutions that meet the highest global standards, and we are committed to supporting HNBGI throughout this transformative journey.”

Project Phoenix goes beyond technological advancement; it signifies a strategic commitment to excellence amidst rapid industry changes. As HNBGI embraces its digital future, it remains dedicated to delivering top-tier services and retaining its position as a trusted insurance provider. This initiative is not merely about implementing a new system; it’s about taking flight towards a brighter, more efficient, and customer-centric future.