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It is India’s leading nonlife insurer player which was incorporated in The year 2000. In 2001, it commenced its nonlife insurance operations. The company was listed on exchanges in the year 2017. In 2019, it announced its tie-up with Standard Chartered Bank. ICICI Bank holds a 48.05% stake in the company as of 31 Dec 2021. In February 2021, it received approval from the International Financial Services Centre Authority (IFSCA) to set up an IFSC insurance office (IIO) in Gujarat International Finance Tec-City (GIFT) near Gandhinagar.
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ICICI Lombard General Insurance Company Ltd. is one of the leading private sector general insurance companies in India. At ICICI Lombard, customer satisfaction is its motto. Stretching ourselves and going beyond the ordinary for the satisfaction and smiles of its customers is something that is deeply embedded in its DNA. Be it an untoward incident due to the unpredictability of nature or losses suffered due to accidents or medical challenges, it remains committed to be at people side and serve people always. Its value proposition is driven by a promise to be the best partner for its customers. With a promise to ensure quick and smooth claims processing, its unmatched services are there to assist people at all times.
Business area of the company
The company provides general insurance solutions to secure people and their family against unexpected and untoward events. With ICICI Lombard, people can avail protection solutions for business, personal and project liabilities across rural as well as urban areas in India. It offers insurance coverage for motor, health, travel, home, student travel and more.
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