Monday, September 24, 2018

NAFLIA 2018 Insurance congress concludes

The Guest of Honor and Motivational Speaker - Professor Sampath Amaratunga, the Vice Chancellor of the University of Sri Jayawardenapura.

‘Life Insurance Advisor – Beyond 2020’ was the theme of the 9th National Forum for Life Insurance Advisors, also known as NAFLIA 2018, which concluded recently.

Held at the Shangri La hotel in Colombo, NAFLIA is the premier event for Life Insurance Advisors in Sri Lanka. The event is annually organized by the Marketing & Sales Forum (MSF) of the Insurance Association of Sri Lanka (IASL) in a bid tosupport the development of the Life Insurance sector in the country.

Gracing NAFLIA 2018 as Chief Guest was the Chairman of the Insurance Regulatory Commission (IRCSL) of Sri Lanka, Mano Tittawella while the Guest of Honor and Motivational Speaker was Professor Sampath Amaratunga, the Vice Chancellor of the University of Sri Jayawardenapura. Damayanthi Fernando, the Director General of the IRCSL was also present as a special guest along with DeepthiLokuarachchi, the President of the IASL and the Managing Director/CEO of HNB Assurance.

Both Tittawella and Lokuarachchi placed special emphasis on the importance of keeping up with the changes in technology and the trends of society in their addresses. The duo made it clear that adaptation to the changing environment was the primary means of ensuring the development of the Insurance industry.

Professor Amaratunga regaled the audience with inspiring tales of his life in Japan. According to the Vice Chancellor the patriotism, adaptability, perseverance and humility of the Japanese are admirable characteristics to adopt and maintain in the aim to develop not merely the Insurance industry but the nation itself.

This year’s panel discussion at NAFLIA was a most unique and inspiring one, titled ‘MDRT Experience Zone’ featuring members of the industry who have qualified to participate at the Million Dollar Round Table (MDRT) global conferences. The panel was moderated by Mr. SumendraJayaram, the Head of Training & Development at AIA Insurance PLC.

Some of the participants of the panel were members of the MDRT, which is the premier association of financial professionals. MDRT is a global, independent association of more than 66,000 of the world’s leading life insurance and financial services professionals from more than 500 companies in 72 nations and territories.

Members of the panel discussed a number of topics such as the value of MDRT, the experience and knowledge gained from MDRT meetings, one of the most important lessons of MDRT - finding balance in one’s professional life, how to gain the most number of policies and advice to those aspiring to qualify for MDRT.

The final event on the agenda was the award ceremony of Insurance Month 2017. Mr. S. K. A. S. Perera of Ceylinco Life Insurance was the overall award winner, having sold the highest number of policies and achieved the most premium.

NAFLIA and the entire plethora of events organized by the IASL are some of the means by which the Sri Lankan Life Insurance industry strives to raise awareness about their trade, because when it comes to Life Insurance it’s better to be 10 years too early than one minute too late.

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