ICICI Lombard General Insurance Company Ltd

Past performance
Performance overview
ICICI Lombard General Insurance Company Ltd
About ICICI Lombard General Insurance Company Ltd ICICI Lombard General Insurance Company Limited is India's largest private-sector non-life insurer by Gross Direct Premium Income (GDPI). Established in 2000, the company offers a wide array of insurance products, including motor, health, travel, personal accident, crop, fire, marine, and liability insurance. These products are distributed through various channels like direct sales, agents, banks, brokers, and online platforms, catering to individual, corporate, and government clients. The company has achieved significant milestones, including being the first general insurer in India to go public in 2017. It has pioneered innovations like AI-based instant health claim approvals and enhanced claim verification processes. ICICI Lombard's strategic initiatives include partnerships, such as with Ola for intrip insurance, and the acquisition of Unbox Technologies' software assets. Despite challenges like the COVID-19 pandemic, the company has maintained a robust performance, with GDPI reaching Rs. 210.25 billion in 2023, indicating a strong market presence with a network of 305 branches and 917 virtual offices.
Website icicilombard.com
Founded 2000
Headquarters Mumbai