@icicilombard.com
General Insurance Online: ICICI Lombard is among India's best general insurance companies in India.
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ICICI Lombard General Insurance Company Ltd., commonly known as ICICI Lombard GIC, is one of the leading insurance companies in India. It is a joint venture between ICICI Bank, one of India's largest private sector banks, and Fairfax Financial Holdings Limited, a global insurance and reinsurance company based in Canada. ICICI Lombard GIC was founded in 2001 and is headquartered in Mumbai, India.
The company operates through a network of branches and offices across the country to provide a wide range of insurance products and services to individuals, businesses, and government agencies. The company offers various insurance products including motor, health, travel, home, agriculture, and business insurance. Its motor insurance policies cover both own-damage and third-party liability, while health insurance policies offer comprehensive coverage for medical expenses.
ICICI Lombard GIC also provides travel insurance plans to protect individuals against unforeseen events during their journeys. Additionally, the company offers home insurance policies to safeguard homes and their contents, and agriculture insurance to protect farmers against crop failures. On a global scale, ICICI Lombard GIC does not currently have any significant subsidiaries, joint ventures, or partnerships.
However, it is one of the largest private sector general insurance companies in India and holds a significant market share. The company is recognized for its strong distribution network, efficient claims settlement process, and innovative insurance solutions. In recent years, ICICI Lombard GIC has achieved several milestones and received numerous accolades.
It became the first general insurance company in India to exceed βΉ10,000 crore in gross written premium in the fiscal year 2020-21. The company has also been awarded the General Insurance Company of the Year and Best Digital Insurer by various industry bodies. As of the latest available information, ICICI Lombard GIC continues to be a market leader in the Indian insurance industry.
It remains committed to providing customer-centric insurance solutions and expanding its presence with a focus on technology-driven products and services
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