FairFirst Insurance: The Best Way to Protect Your Business

As the saying goes, “life is unpredictable”. That’s why having insurance is essential to protect ourselves and our loved ones from unexpected events. In Sri Lanka, Fairfirst Insurance has been a leading insurer, providing a wide range of insurance products to meet the diverse needs of individuals and businesses. With a commitment to innovation, customer satisfaction, and social responsibility, Fairfirst Insurance has established itself as a trusted partner for insurance solutions. In this article, we will take a closer look at Fairfirst Insurance and the benefits it offers to policyholders.

Discovering the Former Name of Fairfirst Insurance: A Comprehensive Guide

Fairfirst Insurance is a well-known insurance company that has been providing a wide range of insurance products and services in Sri Lanka for many years. However, the company was not always known as Fairfirst Insurance, and many people may not be aware of its former name. In this comprehensive guide, we will help you discover the former name of Fairfirst Insurance and provide you with some background information about the company.

History of Fairfirst Insurance

Fairfirst Insurance was established in 2017 after Fairfax Asia Limited acquired 100% of the shares of Union Assurance General Limited. Fairfax Asia Limited is a subsidiary of Fairfax Financial Holdings Limited, which is a global insurance and investment holding company.

The Former Name of Fairfirst Insurance

The former name of Fairfirst Insurance was Union Assurance General Limited. The company was established in 1993 as a subsidiary of John Keells Holdings, a leading conglomerate in Sri Lanka. Union Assurance General Limited provided a wide range of insurance products and services, including motor insurance, home insurance, travel insurance, and health insurance.

Why Did Union Assurance General Limited Change Its Name to Fairfirst Insurance?

After Fairfax Asia Limited acquired Union Assurance General Limited, the company underwent a rebranding process to reflect its new ownership and strategic direction. The new name, Fairfirst Insurance, was chosen to represent the company’s commitment to fairness, transparency, and customer-centricity.

What Insurance Products and Services Does Fairfirst Insurance Offer?

Fairfirst Insurance offers a comprehensive range of insurance products and services to meet the diverse needs of its customers. Some of the key products and services offered by the company include:

• Motor Insurance: Comprehensive, third-party, and third-party fire and theft insurance for cars, motorbikes, and other vehicles.
• Home Insurance: Protection for your home and its contents, including fire, theft, and natural disasters.
• Travel Insurance: Coverage for medical emergencies, trip cancellations, lost luggage, and personal liability while traveling.
• Health Insurance: Comprehensive coverage for hospitalization, surgery, and other medical expenses.

Meet the CEO of Fairfirst Insurance: Everything You Need to Know

Fairfirst Insurance is a leading insurance company in Sri Lanka that offers a wide range of insurance products and services to customers. One of the key figures behind the success of Fairfirst Insurance is its CEO, Dr. Sanjeev Jha.

Who is Dr. Sanjeev Jha?

Dr. Sanjeev Jha is a seasoned insurance professional with over 25 years of experience in the industry. He holds a PhD in Insurance and Risk Management from the University of Pennsylvania, and has worked with several leading insurance companies in Asia and the Middle East. Dr. Jha joined Fairfirst Insurance in 2018, and has since led the company through a period of rapid growth and expansion.

Dr. Jha’s Vision for Fairfirst Insurance

Under Dr. Jha’s leadership, Fairfirst Insurance has prioritized customer-centricity and innovation. He has spearheaded several initiatives aimed at improving the customer experience, including the launch of a mobile app that allows customers to buy and manage their policies online, and the introduction of a 24/7 customer service hotline.

Dr. Jha has also emphasized the importance of innovation in the insurance industry. Fairfirst Insurance has partnered with several technology companies to develop new insurance products and services, such as usage-based car insurance and drone insurance.

Fairfirst Insurance’s Achievements under Dr. Jha

Since Dr. Jha took over as CEO, Fairfirst Insurance has achieved several notable accomplishments:

• Received the “Insurance Company of the Year” award at the 2019 Sri Lanka Insurance Industry Awards
• Increased its customer base by over 30%
• Launched several new insurance products, including travel insurance and cyber insurance
• Expanded its presence across Sri Lanka, with over 50 branches and sales offices

Traveling to Sri Lanka? Here’s Why You Need Travel Insurance

If you’re planning to travel to Sri Lanka, congratulations on selecting one of the most beautiful and exotic destinations in the world. Sri Lanka is a land of diverse cultures, stunning landscapes, ancient ruins, and incredible beaches.

Why You Need Travel Insurance for Sri Lanka

While Sri Lanka is a relatively safe destination, it’s always wise to have travel insurance to protect yourself from unforeseen circumstances that can happen during your trip. Here are some reasons why you need travel insurance for Sri Lanka:

• Medical Emergencies: In case you fall sick or get injured during your trip, travel insurance can cover your medical expenses.
• Flight Cancellations and Delays: Travel insurance can provide coverage for missed flights, flight delays or cancellations.
• Lost or Stolen Luggage: Travel insurance can help you recover the cost of lost or stolen luggage.
• Emergency Evacuation: In case of a natural disaster or civil unrest, travel insurance can cover your evacuation costs from the affected area.

Fairfirst Insurance

Fairfirst Insurance is one of the leading insurance providers in Sri Lanka. They offer a comprehensive travel insurance policy that covers all the essential aspects of your trip. Here are some of the benefits of Fairfirst’s travel insurance:

• 24-hour emergency assistance: Fairfirst Insurance provides round-the-clock emergency assistance to its policyholders.
• Medical insurance: Their travel insurance policy covers medical emergencies, including hospitalization and emergency medical evacuation.
• Flight delay and cancellation coverage: Fairfirst Insurance provides coverage for missed or cancelled flights due to unforeseen circumstances.
• Lost or stolen luggage coverage: They cover the cost of lost or stolen luggage.
• Personal accident coverage: The policy provides coverage for accidental death and permanent disability.

Before you travel to Sri Lanka, make sure to get a travel insurance policy from a reputable provider like Fairfirst Insurance. It’s always better to be safe than sorry when traveling abroad.

Understanding Motor Claim Insurance: Everything You Need to Know

Motor claim insurance can be a confusing topic, but it’s essential to understand it to protect your vehicle, yourself, and others on the road. In this article, we will cover everything you need to know about motor claim insurance.

What is Motor Claim Insurance?

Motor claim insurance is a type of insurance that covers damages or losses related to your vehicle. It provides financial protection against accidents, theft, and other incidents that can cause damage to your car or third-party property.

Types of Motor Claim Insurance

There are two main types of motor claim insurance:

• Third-party insurance: This type of insurance only covers damages or injuries caused by your vehicle to third-party property or individuals. It does not cover damages to your vehicle.
• Comprehensive insurance: This type of insurance covers damages or losses to your vehicle, as well as third-party property and individuals.

How Does Motor Claim Insurance Work?

If you get into an accident or your vehicle is stolen, you need to file a claim with your insurance provider. The insurer will send an adjuster to assess the damage and determine the amount of compensation you are eligible for. You may need to provide additional information or evidence to support your claim.

Once the claim is approved, the insurer will pay out the compensation according to the terms of your policy. This may include repairing or replacing your vehicle, covering medical expenses, or paying for damages to third-party property or individuals.

Benefits of Motor Claim Insurance

Motor claim insurance provides several benefits, including:

• Peace of mind knowing that you are financially protected in case of an accident or theft
• Protection against liability for damages or injuries caused to third-party property or individuals
• Access to affordable and quality repairs or replacements for your vehicle
• Flexibility in choosing the level of coverage that suits your needs and budget
• Assistance and support from your insurance provider in case of a claim

Why Choose Fairfirst Insurance for Motor Claim Insurance?

Fairfirst Insurance is a leading insurance provider in Sri Lanka that offers comprehensive motor claim insurance at affordable rates. Our motor claim insurance policies provide:

• Flexible coverage options to suit your needs and budget
• 24/7 customer support and assistance
• Fast and hassle-free claims processing
• Access to a network of trusted repair shops and service providers
• Expert advice and guidance from our experienced insurance professionals

At Fairfirst Insurance, we understand the importance of protecting your vehicle and your peace of mind. Contact us today to learn more about our motor claim insurance policies and how we can help you stay protected on the road.

My final tip for those considering Fairfirst Insurance is to carefully review your policy and understand exactly what is covered before you sign on. This will help ensure that you are fully protected in the event of an unexpected loss. Additionally, take the time to ask questions and seek clarification from your insurance agent if you are unsure about any aspect of your policy. Remember, insurance is an investment in your future and peace of mind, so it’s important to make informed decisions. Thank you for reading, and best of luck in your insurance journey!