ICICI Lombard General Insurance Company Ltd - ICICI Lombard

  • Incurred Claim Ratio - 83*
*Data according to IRDA Annual Report (2013-14)

ICICI Lombard General Insurance

ICICI Lombard General Insurance Company (GIC) is a 74:26 joint venture between ICICI Bank, which is India’s second largest bank and Fairfax Financial Holdings Limited, a Canada based financial service company.

ICICI Lombard has extensive product portfolio, which includes health, motor, travel, rural or home insurance. The insurance products are specifically designed to offer complete insurance solutions to people of all ages, groups and occupations. Targeting both individual and corporate clients, ICICI Lombard has been consistently recognized for its innovative solutions and customer-centric approach. The company endeavors to provide customized insurance products to their customers.

Following are some of the awards and recognitions bagged by ICICI Lombard General Insurance Company-

  • ICICI Lombard got- ‘Claim Leader’ award in Indian Insurance Award 2014 under general insurance segment
  • Emerged as the most preferred company for health insurance in a study commissioned by Dept. of Consumer Affairs, Govt. of India
  • The company received ‘E-business Leader’ award in Indian Insurance Award, 2013 under general insurance category
  • Bestowed with ‘Porter Prize’ award in the category ‘Creating Shared Value’
  • Awarded the Golden Peacock Innovation Award 2011 for Rashtriya Swasthya Bima Yojana

ICICI Lombard General Insurance Product Portfolio

ICICI Lombard Health Policy:

Health Insurance plans protect your family against financial emergencies caused by sudden critical illness or hospitalization and they also aim to complement and supplement your existing coverage.

ICICI Lombard Car Insurance Plans:

Car insurance plans help you to escape from expenses on your car or any other vehicle due to any mishap. 

ICICI Lombard Two Wheeler Insurance Policy:

Two-wheeler insurance by ICICI Lombard policy offers comprehensive protection in case of theft or accident involving your two-wheeler. All two-wheeler owners are strongly suggested to buy a policy, as it protects them from liabilities that arise out of such uncalled-for incident/accident. 

ICICI Lombard Travel Insurance Policy:

ICICI Lombard plans give you the benefit of travelling with confidence either abroad or domestic thereby ensuring you a complete hassle free travel with peace of mind.

ICICI Lombard Home Insurance Plans:

ICICI Lombard Plans help to safeguard your home and its contents in case of an ill fated event such as natural calamities and man-made disasters.

Personal Accident Insurance Plan:

As the traffic levels continue to go north, so do the number of accidents on the roads. While, taking precautions to avoid any mishap is the best approach to adopt, but one should never put all eggs in one basket. The key is to be well prepared while dealing with any emergency situation that may arise. As a part of the planning process, buying a personal accident insurance plan is essential because it takes care of your financial obligations during the course of your medical treatment and after, reducing your stress levels in a challenging situation.  

It is advisable to compare all ICICI Lombard General insurance plans from other General insurance companies in India to choose the best insurance plan that suits you the most.

ICICI Lombard Distribution Network:

ICICI bank has about 2000 branches in its network including its 1,100 micro-offices. As on June 30, 2011 ICICI Lombard General Insurance has a network of approximately 315 branches. ICICI Lombard issues instant policy and renewals through its website for retail insurance products such as Car Insurance, Two Wheeler Insurance, Travel Insurance, Health Insurance and Home Insurance. Their online products are available through their websites directly.