ICICI Lombard GIC Ltd. is the largest private sector general insurance company in India. ICICI Lombard is a joint venture between ICICI Bank, India's second largest bank and Fairfax Financial Holdings Limited; a Canada based diversified financial company working in general insurance, reinsurance, investment and insurance claims management. ICICI Lombard General Insurance Company received regulatory approvals to commence general insurance business in August 2001.
ICICI Bank ICICI Bank is India's second-largest bank. The Bank has a network of 2,510 branches and 5,808 ATMs in India, and has a presence in 19 countries, including India. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management.
ICICI Bank's equity shares are listed in India on Bombay Stock Exchange and the National Stock Exchange of India Limited and its American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE). Fairfax Financial Holdings Limited Fairfax Financial Holdings Limited is a financial services holding company whose corporate objective is to achieve a high rate of return on invested capital and build long term shareholder value. The company has been under present management since Sept 1985.
ICICI Lombard Features
India 's number one private general insurance company.
It is the first general insurance company in India to get ISO 9001:2000 certifications.
Simple and fast documentation
The company is one of the fastest settler of claims in the country and offers the highest security level through 128-bit encryption in case of online data exchange for its clients
Comprehensive product line
First company to provide digitally signed documents through an online interface
Awarded the Gold Shield for "Excellence in Financial Reporting" by the ICAI (Institute of Chartered Accountants of India) for the year ended March 31, 2006
Achieved financial breakeven in first full year of operations