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Press background on ICICI Lombard General Insurance Company Ltd.
Company profile
ICICI Lombard GIC Ltd. is a joint venture between ICICI Bank Limited, India's second largest bank with total assets of over USD 99 billion at March 31, 2014 and Fairfax Financial Holdings Limited, a Canada based USD 37 billion diversified financial services company engaged in general insurance, reinsurance, insurance claims management and investment management. ICICI Lombard GIC Ltd. is the largest private sector general insurance company in India with a Gross Written Premium (GWP) of Rs 71.34 billion for the year ended March 31, 2014. The company issued over 11.22 million policies and settled over 6.44 million claims as on March 31, 2014.
 Recent press releases
ICICI Lombard Launches 'BeFit Cover' Digital Campaign

ICICI Lombard, one of India's leading private insurance company, has launched #UnbelievableButTrue, a digital campaign to promote BeFit - a rider policy that provides cashless OPD and also covers physiotherapy, virtual consultations, and teleconsultation sessions through our signature IL TakeCa... (more)
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On the Account of International Women's Day, ICICI Lombard Introduces 'RIA', Intelligent Virtual Assistant

ICICI Lombard, India's leading private general insurance company, on the occasion of Women’s Day has introduced RIA (Responsive Intelligent Assistant), an NLP-enabled chatbot that will help upgrade the end user experience. The chatbot comes in a human-like avatar that enables conversation... (more)
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ICICI Lombard becomes First Non-life Insurance Player to Join Sahamati Account Aggregator Alliance

To simplify insurance-buying process of consumers
To improve turnaround time for policy issuance and further streamline the underwriting process
Will ensure uncompromising protection of user’s financial data through consent-driven architecture
 
ICIC... (more)
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Now Get Accidental Insurance Cover with your Helmet; ICICI Lombard Ties up with Vega Helmets to Increase Road Safety Awareness

ICICI Lombard partners with Vega to offer personal accident insurance cover. Customers will get access to a personal accidental policy on every online purchase of Vega Helmet
The personal accident insurance policy will provide individuals with the benefit of Accidental Death with Sum in... (more)
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ICICI Lombard Registers and Vaccinates over 30,000 in a Week, Sets a New Guinness World Record Title, in the Process

30,467 people were registered for vaccination in a span of 7 days, from August 7 to August 14, 2021.
More than 32,000 vaccinations were administered in the slum clusters of Dharavi and Worli
 
ICICI Lombard, one of India’s leading General Insurance has set a n... (more)
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ICICI Lombard’s ‘Drive Thru’ Rally Emphasises Helmet Usage amongst Child Pillion Riders

More 1200 children along with their parents participated in the rally
24,000 ISI marked child specific helmets distributed to children
35,000 parents and children directly contacted through workshops
Over 300 workshops conducted with parents and children
Pr... (more)
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ICICI Lombard Becomes First Private Sector General Insurance Player to Cross ` 10,000 Crore in Premium Income

 
Gross Domestic Premium Income (GDPI) crosses ` 10,725.9 crore in FY2017, registering a growth of 32.6% over the previous fiscal year.
Profit after Tax grows by 38.3% to ` 701.9 crore in FY2017 compared to ` 507.5 crore in FY2016.
 
ICICI Lombard, the ... (more)
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ICICI Lombard Conferred Stevie Award for The Best Contact Centre of the Year (100 Seats)

 
ICICI Lombard has been conferred with the ‘Bronze’ Award for Contact Centre of the Year (over 100 Seats) in the Business Services and Financial Services Industries Segment by Stevie Awards, Inc., a US Based firm that stages seven annual Stevie Awards compet... (more)
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ICICI Lombard Launches its New Brand Campaign Focused on Wellness

ICICI Lombard today launched its new brand campaign. The multi-media campaign will run across TV, Radio, Digital, Outdoor and Social media for 4 weeks on a PAN India basis.
 
The new campaign highlights ICICI Lombard’s core brand proposition of ‘Nibhaye Vaade’... (more)
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ICICI Lombard Long Term Two Wheeler Insurance (LTTW) Crosses 500,000 Policy Mark in the First Year of Launch

Garners Rs. 100 crore premium milestone within 9 months of launch, Rs. 166 crore as on date.
Product slated to address non-insurance issue in the category, 80% customers willing to renew policy, given the long duration feature.
Sales data shows 3 year duration purchased by 1 o... (more)
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