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Press background on ICICI Lombard General Insurance Company Ltd.
Company profile
ICICI Lombard GIC Ltd. is a joint venture between ICICI Bank Limited, India's second largest bank with total assets of over USD 99 billion at March 31, 2014 and Fairfax Financial Holdings Limited, a Canada based USD 37 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 71.34 billion for the year ended March 31, 2014. The company issued over 11.22 million policies and settled over 6.44 million claims as on March 31, 2014.
 Recent press releases
Over 70% Respondents Ignore Warnings on Cigarette Packets, Says ICICI Lombard Survey “What’s Our Stand on Smoking?”

80% respondents exposed to passive smoking regularly with 53% of them on a daily basis
Nearly half the survey universe felt smoking is too addictive a habit to quit
57% smokers do not own a Health Insurance policy
 
Even as the debate over the size of wa... (more)
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ICICI Lombard Introduces ‘Photo Quote’ Feature on its Mobile App “IL Insure”

The Photo Quote feature empowers any customer to receive amotor insurance quote by simply clicking a picture of their existing motor policy using a smartphone’s camera
The automated feature sends quotes with complete details of the customer and the vehicle within few minutes
... (more)
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Consumer Confidence to Buy Health and Motor Insurance Online Growing Reveals ICICI Lombard, Google India Survey

-User behavior consistent across metros & non-metros
-25 to 35 age group most active online in buying non-life insurance products
-Mobile is the preferred device to access information on the Internet
 
A joint report compiled by Google India and ICICI Lomba... (more)
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2015 to be a Promising Year for General Insurance Sector – ICICI Lombard Releases Industry Outlook

ICICI Lombard General Insurance, India’s largest private sector insurance company, has released the key trends for 2014 and its outlook for 2015 for the Health and Motor insurance segments.
Commenting on the occasion, Mr. Sanjay Datta, Chief – Underwriting and Claims, ICICI Lomb... (more)
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ICICI Lombard Launches India’s First Self-Service Kiosk for General Insurance Customers

The interactive kiosks introduce self-service capabilities at the branch for the benefit of customers.
 
ICICI Lombard customers can access policy details, claim processing status or renew policies without having to  wait at customer service desk.
 
Ki... (more)
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ICICI Lombard Survey: Low Off-Take of Travel Insurance Despite Indians Traveling More Frequently and On Longer Duration Trips

ICICI Lombard General Insurance Company Ltd., the country’s largest private sector general insurance company unveiled the ‘ICICI Lombard Travel Trends 2014’ survey on the occasion of ‘World Tourism Day’. The survey focuses on revealing the difference in behaviour among... (more)
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