ICICI Lombard General

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 services company.

ICICI Lombard has extensive product portfolio, which includes Motor Insurance, Car Insurance, Two Wheeler Insurance, Health Insurance, Complete Health Insurance, Health Booster, Personal Accident Insurance, International Travel Insurance, Home Insurance, Strategic Alliances, NRI Insurance Services, Business Insurance, Third Party Insurance and Rural 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 endeavours to provide customised insurance products to their customers to secure you and your family against unexpected and untoward events. With ICICI Lombard, you can avail protection solutions for business, personal and project liabilities across rural as well as urban areas in India.

ICICI Lombard GIC Ltd. is one of the leading private sector general insurance companies in India with a Gross Written Premium (GWP) of Rs 109.60 billion for the year ended March 31, 2017. The company issued over 17.73 million policies and settled over 2.18 million claims as on March 31, 2017.

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


  • ICICI Lombard was adjudged the 'Best Legal Department, Asia Pacific Category' at the International Legal Alliance Awards, New York. The company was conferred the award for promoting insurance law practice in India, most particularly developing of insurance lawyers. This award is one of the most coveted recognitions for law firms and legal departments worldwide.
  • Celent Model Insurer Asia Awards : The Company's Agency App won the award under "Digital and Omnichannel" category. Under this theme, projects leading to a digital transformation which automate complex tasks thereby allowing users to master and reproduce the results at no cost are honored. In addition, the Company's Chatbot platform, MyRA was presented the award under the category "Legacy and Ecosystem Transformation". The category identifies projects related to core system replacement or transformation.
  • 2016

  • Golden Peacock Award for Business Excellence, 2016 for best management practices that act as the basis for business excellence. ICICI Lombard General Insurance received the award for its robust risk management practices and customer-centric initiatives.
  • ICICI Lombard has been conferred the 'Technology Innovation' award at the Indian Insurance Awards, 2016. The company was given the recognition for its technology driven initiatives especially the 'RiskInspect' App, a mobile application developed to capture risk information of low sum insured property risk.
  • ICICI Lombard has been adjudged 'Claim Service Leader 2016' in the General Insurance (Large) category at the Indian Insurance Awards, 2016. The company received the award for its excellent track record in claim settlement across product segments.
  • Innovative Health Insurance Company of the Year
  • Best Legal Department for 2016
  • Corporate Social Responsibility Award 2016
  • World Quality Congress - Global awards 2016
  • 2015

  • ICICI Lombard General Insurance was conferred the coveted 'Golden Peacock Innovation Management Award 2015'. The award recognised the company for demonstrating innovation across multiple functions of its business operations and promoting the 'culture of innovation'. It specifically acclaimed the company's innovative approach in 'Mobility Solutions' and 'Customer Centric Initiatives'.
  • ICICI Lombard was conferred with the 'E-Business Leader' Award in the General Insurance Category at the 5th annual edition of the Indian Insurance Award 2015 for its performance, growth, product and market innovation, customer service and technology.
  • ICICI Lombard was named as the 'Best Travel Insurance Company' by CNBC Awaaz Travel Awards 2015 presented by the Chhattisgarh Government based on an online and on-air survey.

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 hospitalisation and they also aim to complement and supplement your existing coverage.

  • ICICI Lombard Complete Health Insurance: ICICI Lombard Complete Health Insurance secures the insured and his/her family by providing a comprehensive cover of up to Rs. 10 lakh from un-announced and untimely health problems. It also gives the option to choose the medical plan, premium and policy according to one's budget and requirements. There is no entry age to avail this policy and medical tests are also not required for policyholders below 46 years of age. There is no sub-limit, though one can opt for a sub-limit option. So Opt for a health insurance plan that offers complete coverage for you and your family and allows you to customise your plan, premium and policy too.
  • ICICI Lombard Health Booster: ICICI Lombard Health Booster Fortify your existing health insurance with a top-up plan that offers individual covers to let you secure health for all your family members.
  • ICICI Lombard Personal Protect Policy: ICICI Lombard Personal Protect Policy Secure yourself with an insurance plan which ensures that your family's finances are taken care of, when you are unable to do so.

Motor Insurance

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. A worry-free ride awaits with comprehensive coverage for your Car.

ICICI Lombard Two Wheeler Insurance Policy:

Two-wheeler insurance policy from ICICI Lombard 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. Also avail long term Two-Wheeler Insurance and enjoy convenience and long term protection.

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 for single as well as multi trip.

  • International Travel Insurance: Single round trip travel insurance from ICICI Lombard ensures worry-free overseas travel. It takes care of medical and non-medical emergencies during international travel - whether on a vacation or for business meetings. No medical test is required up to 85 years of age and no sub-limit plan is available for Schengen countries. Cashless hospitalisation facility is available worldwide. This policy provides coverage for total loss of checked-in baggage including handbags.
  • Overseas Student Travel Insurance: Overseas Student Travel Insurance provides a comprehensive cover for students studying abroad against medical expenses as well as non-medical expenses such as repatriation of remains, checked-in baggage loss, personal accident, personal liability, bail bond, study interruption, and sponsor protection. ICICI Lombard offers three plans in this category - Gold, Plus and Bronze. No medical check-up is required for issuance of the policy.
  • Gold Multi-Trip Travel Insurance Plan: Gold Multi-Trip travel insurance plan is designed especially for frequent international travellers to secure them from medical and non-medical expenses. This policy can secure up to 30, 45 or 60 days per trip around the year. It provides cashless health services worldwide. This travel insurance plan is available for people up to the age of 70 years.
  • Senior Citizen Travel Insurance Plan: This is a special travel insurance plan for senior citizens travelling abroad. It covers the insured from unexpected medical and non-medical expenses in times of need during their foreign travels. The policy offers cashless medical services around the world. The original policy cover is for 180 days, which can be extended further by another 180 days.

ICICI Lombard Home Insurance Plans:

ICICI Lombard Plans help to safeguard your home and its contents in case of loss due to natural calamities or man-made disasters. With comprehensive home insurance, secure your home and its contents against natural calamities and stay rest assured.

Your home policy does not cover:

  • Willful destruction of property
  • Loss, damage and destruction caused by war, wear and tear etc.
  • Losses if your home has been unoccupied for more than 30 days, without prior notice to the company
  • Cash, bullion, painting, works of art and antiques

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.

  • Personal Protect: The policy covers against accidental death or permanent total disablement caused by an accident. Optional additional covers include hospitalisation expenses and hospital daily allowance. The policy covers road or rail accidents as well as accidents due to natural calamities or terrorist acts

Other Products:

ICICI Lombard General Insurance also offers a range of other general insurance plans for business, non-resident Indians and the rural sector.

Business Insurance:

The standard plans offered by ICICI Lombard include:

  • Fire Insurance
  • Marine Insurance
  • Industrial Insurance
  • Corporate Insurance
  • Liability Insurance
  • Shop Insurance
  • Event Insurance
  • Wedding Insurance
  • Money Insurance
  • Tea Crop
  • Burglary Insurance
  • All Risks Insurance
  • Credit Insurance
  • Fidelity Guarantee Insurance

Customised business insurance plans include:

  • Office Package Policy
  • Educational Institution Package Policy
  • Hotel Corporate Cover
  • Group Health Insurance
  • Group Personal Accident Policy
  • Workmens Compensation Policy
  • Petrol Station Package Policy
  • Malls and Multiplex Policy
  • J&K Govt. Employees GHI Policy

Rural Insurance:

ICICI Lombard also offers insurance services for the agricultural sector and the rural market. The covers guard against loss from health, motor and weather.

  • Family Health Insurance: Offers comprehensive Family Health Insurance plans that insure the entire family through a single policy.
  • Tractor Insurance: The policy covers one of the most precious assets to farmers. The comprehensive package policy covers own damage, third party liability and personal accidents.
  • Weather Insurance: The plan protects against inclement weather conditions that may cause damages to the crops or other assets