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Corporation
FINANCIAL | Insurance
icicilombard.com

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Founded Year

2001

Stage

IPO | IPO

Date of IPO

9/15/2017

About ICICI Lombard General Insurance

ICICI Lombard is a joint venture between ICICI Bank Limited and Fairfax Financial Holdings Limited, a Canada based diversified financial services company engaged in general insurance, reinsurance, insurance claims management and investment management.

ICICI Lombard General Insurance Headquarter Location

401-402, Interface Building No.11 Link Road

Mumbai, 400064,

India

Latest ICICI Lombard General Insurance News

ICICI Lombard introduces cover with cashless settlement for out-patient medical needs: Should you buy?

Nov 1, 2021

The solution will be offered through the company’s app to existing and new policyholders. It will come at extra cost, bundled with the insurer’s flagship comprehensive health policy November 01, 2021 / 10:41 AM IST Are you can ICICI Lombard customer? You may need not reach for your wallet for cash or cards while paying doctor’s fees, pharmacy or diagnostic test bills. Your policy will directly pay the service providers’ bills on your behalf. The company has launched a ‘BeFit’ solution for its customers that settles such bills on a cashless basis. “For a country that witnesses over 60 percent of spends being made out-of-pocket for regular medical expenses, not much has been done in this area,” an official release from the insurance company said. The solution will be offered through the company’s app to existing and new policyholders. It will come at extra cost, bundled with the insurer’s flagship comprehensive health policy. “This provides a digitally enabled health ecosystem that is integrated to bring more than 11,000 doctors across cities. The pharmacy service gets medicines delivered at home within 60 minutes and lab tests are done at home and at the centre. The product also offers 24 x 7 consultations (tele and virtual) by our panel of expert panel of doctors,” says Sanjeev Mantri, Executive Director, ICICI Lombard General Insurance. As part of the wellness offering, policyholders will be rewarded for maintaining good health through discounts on renewal premium, besides other concessions. The premiums range from Rs 300-6,500, depending on the insured’s age. What works Given that routine, recurring medical expenses corner a larger share of Indians’ wallets compared to hospitalisation, a cashless facility for paying such bills can fulfil a long unmet need. This holds true particularly for those with chronic ailments such as diabetes and hypertension, and would need regular check-ups and medications. “In addition to paying OPD bills with minimal conditions and restrictions, it also offers a host of other features such as health check-ups and reward points,” says Nayan Goswami.

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ICICI Lombard General Insurance Patents

ICICI Lombard General Insurance has filed 1 patent.

The 3 most popular patent topics include:

  • Active fire protection
  • Electrical safety
  • Fire suppression
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/10/2019

Firefighting equipment, Microcontrollers, Fire suppression, Active fire protection, Electrical safety

Application

Application Date

7/10/2019

Grant Date

Title

Related Topics

Firefighting equipment, Microcontrollers, Fire suppression, Active fire protection, Electrical safety

Status

Application

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