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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 Hambanthota.