What is ICICI Lombard Mumbai?
ICICI Lombard Mumbai is headquarters location of ICICI Lombard GIC Limited. Icici Lombard was founded in 2001 as a result of a joint venture between Icici Bank Limited and Fairfax Financial Holdings Limited, a leading financial services company based in Canada. ICICI Lombard holds 74% share while Fairfax has remaining 26% share in the venture. According to records of March 2014, ICICI Lombard has a Gross Written Premium (GWP) of 71.34 billion, making it one of the largest general insurance companies in private sector.
ICICI Lombard GIC Limited sells general insurance products like Motor Insurance, Health Insurance, Travel Insurance, Student Medical Insurance and Home Insurance. Apart from this, company also provides other services which include NRI Services, Business Insurance, Rural Insurance and Third Part Only. Under Claim & Wellness category, Health Claims, Motor Claims, Travel Claims, Home Claims, IL Health care, Wellness and many others. ICICI Lombard GIC Limited operates a workforce of almost 4634 employees, in March 2010. ICICI Lombard operates a wide network of more than 221 branches across the nation out of which 8 branch locations are located in Mumbai.
According to records of March 2014, company has sold 11.22 million copies and settles more than 6.44 million claims. In 2013, ICICI Lombard has also titled to 'The Most Recommended Company' by Department of Consumer Affairs.