About Us

Managment

Our Experienced Team

Board Members

Our Experienced Team

National Insurance Trust Fund was established in 2006, as a statutory body to offer Agrahara Insurance for public sector. We offer unique benefit schemes and provide protection for all segment in general insurance industry.

  NITF ushered a new era to insurance industry by serving all government servants providing "Agrahara" medical insurance scheme. We have been providing insurance cover to all Strike, Riot, Civil Commotion & Terrorism through our SRCC& T Fund.  As per a government Gazette notification No. 1791/4 of 31st December 2012, all primary insurers are now required to cede 30% of their total reinsurance premium arising out of every general reinsurance contract to NITF. At present, the National Insurance Trust Fund is the only Sri Lankan body which provides reinsurance cover to primary insurers.NITF takes pride in having some of the best turnaround times in service to claim generation/submission and handle exceptions fast and according to our business rules.

We have adopted new technology that is designed to make people and organization more knowledgeable, efficient, and profitable.  We have introduced an electronic card to facilitate efficient settlement of hospital bills shortly.   At present NITF has expanded its branch network in Anuradhapura and Matara.

Our Vission

SAFETY-NET AND PROTECTION FOR ALL NEEDY SECTORS

Our Mission

  • To participate in the social and the economic development of Sri Lanka through:
  • Affordable, Effective, Efficient and progressive Insurance Schemes for all needy segments in the Society.
  • Providing solutions to local market to cover high risks arising from changing needs through pooling and other arrangements.
  • Catering Reinsurance market in Sri Lanka to provide additional capacity to the local Insurance Market..

Our Company Profile

The National Insurance Trust Fund Board was established by the National Insurance Trust Fund Act, No. 28 of 2006 (NITF Act). Its contribution towards the economy encompasses the provision of reinsurance, strike, riot, civil commotion and terrorism insurance, Agrahara medical insurance, health insurance, other forms of general insurance including natural disaster insurance and crop insurance covers. As per the NITF Act, the Strike, Riot, Civil Commotion and Terrorism Fund originally managed by the Ministry of Finance and Planning was absorbed by NITF, while all insurers who issued insurance covers against strike, riot, civil commotion and terrorism risks on behalf of NITF were required to remit premiums collected on same to the latter. NITF has extended its services to the general public with regard to the provision of all classes of general insurance requirements from 1st September 2009.

You can visit the Ministry of Finance website by:  www.treasury.gov.lk