About UsICICI Lombard GIC Ltd. is a 74:26 joint venture between ICICI Bank Limited, India?s second largest bank with consolidated total assets of over USD 91 billion at March 31, 2011 and Fairfax Financial Holdings Limited, a Canada based USD 30 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. 4,734.89 crore for the year ended March 31, 2011. The company issued over 56 lakh policies and settled over 81 lakh claims and has a claim disposal ratio of 99% (percentage of claims settled against claims reported) as on March 31, 2011. The company has 4,264 employees and 315 branches as on March 31, 2011.
The company has been assigned a domestic rating of ?iAAA? by ICRA (an associate of Moody?s Investors Service) for highest claim paying ability and a fundamentally strong position, for the fifth consecutive year. The company has been conferred received the ?Skoch Financial Inclusion Award-2011? in the micro finance category. It also received the ?Golden Peacock Innovation Award-2010? for Rashtriya Swasthya Bima Yojana.
The company has been conferred with ?NASSCOM ? CNBC TV18 IT User Award 2010? for Best Technology Implementation in the Insurance Sector. It has been awarded CNBC Awaaz Consumer Award 2010 for being the ?most preferred brand? in the General Insurance category. ICICI Lombard Auto Insurance has been rated highest in customer satisfaction by J.D. Power Asia Pacific in India among 11 auto insurance providers. It was awarded Customer and Brand Loyalty award in the ?Insurance Sector - Non-Life? at the 3rd Loyalty awards, 2010 and the ?General Insurance Company of the Year? at the 11th Asia Insurance Industry Awards. The company also won the NDTV Profit Business Leadership Award 2007 and was adjudged as the most Customer Responsive Company in the Insurance category at the Economic Times Avaya Global Connect Customer Responsiveness Award 2006. It has the Gold Shield for ?Excellence in Financial Reporting? by the ICAI (Institute of Chartered Accountants of India) for the year ended March 31, 2006.
ICICI Lombard allows instant policy issuance and renewal through its website www.icicilombard.com for all retail insurance products including Car Insurance, Health Insurance, Travel Insurance, Two Wheeler Insurance and Home Insurance. There are multiple payment options available including internet banking, credit card, debit card and cash card. |
Why Us?ICICI Lombard GIC Ltd. is a 74:26 joint venture between ICICI Bank Limited, India’s second largest bank with consolidated total assets of over USD 91 billion at March 31, 2011 and Fairfax Financial Holdings Limited, a Canada based USD 30 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. 4,734.89 crore for the year ended March 31, 2011. The company issued over 56 lakh policies and settled over 81 lakh claims and has a claim disposal ratio of 99% (percentage of claims settled against claims reported) as on March 31, 2011. The company has 4,264 employees and 315 branches as on March 31, 2011.
The company has been assigned a domestic rating of ‘iAAA’ by ICRA (an associate of Moody’s Investors Service) for highest claim paying ability and a fundamentally strong position, for the fifth consecutive year. The company has been conferred received the “Skoch Financial Inclusion Award-2011” in the micro finance category. It also received the “Golden Peacock Innovation Award-2010” for Rashtriya Swasthya Bima Yojana.
The company has been conferred with ‘NASSCOM – CNBC TV18 IT User Award 2010’ for Best Technology Implementation in the Insurance Sector. It has been awarded CNBC Awaaz Consumer Award 2010 for being the ‘most preferred brand’ in the General Insurance category. ICICI Lombard Auto Insurance has been rated highest in customer satisfaction by J.D. Power Asia Pacific in India among 11 auto insurance providers. It was awarded Customer and Brand Loyalty award in the ‘Insurance Sector - Non-Life’ at the 3rd Loyalty awards, 2010 and the ‘General Insurance Company of the Year’ at the 11th Asia Insurance Industry Awards. The company also won the NDTV Profit Business Leadership Award 2007 and was adjudged as the most Customer Responsive Company in the Insurance category at the Economic Times Avaya Global Connect Customer Responsiveness Award 2006. It has the Gold Shield for ‘Excellence in Financial Reporting’ by the ICAI (Institute of Chartered Accountants of India) for the year ended March 31, 2006.
ICICI Lombard allows instant policy issuance and renewal through its website www.icicilombard.com for all retail insurance products including Car Insurance, Health Insurance, Travel Insurance, Two Wheeler Insurance and Home Insurance. There are multiple payment options available including internet banking, credit card, debit card and cash card.
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 | Fact Sheet | | | Year of Establishment | : | 2007 | | Nature of Business | : | Service Provider | | Number of Employees | : | more than 1000 People | | Major Markets | : | Indian Subcontinent |
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InfrastructureBranches all over India
Contact Details| | Company Name:
| ICICI Lombard General Insurance Co. Limited | | Contact Person: | Mr. Mayuresh Bhurke | | Telephone: | +(91)-(22)-39803649
| | Mobile / Cell Phone: | +(91)-9920740158 | | Address: | 3rd Floor, City Point, Andheri Telli Galli, Andheri East, Mumbai, Maharashtra - 400 059 (India) |
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