ICICI Lombard

ICICI Lombard
ICICI Lombard GIC Ltd is really a put together endeavor connected with ICICI Standard bank Limited and also Fairfax Financial Holdings Limited through Nova scotia. ICICI Standard bank would be the minute largest traditional bank throughout India and possesses consolidated mixture assets value US$ 91 billion dollars till Walk 31, 2012. Fairfax Financial Holdings might be priced at 35 billion dollars US money and also operates in a variety of aspects of fiscal companies for example the using:

General insurance plan
Insurance plan claims management
Reinsurance
Purchase management

In the 2011-12 financial the actual Gross Created Premium (GWP) connected with ICICI Lombard may be INR 5358 crores. As of which night out, this company has available more than seventy six lakh programs and also settled much more than 46 lakh claims. Right up until Walk 31, 2012 it's state convenience percentage is 99 pct.

Pursuing tend to be many of the prizes and also recognitions gained from the group:
Calendar year Give
2006 Nearly all Consumer Responsive Firm inside the Insurance plan Type in Economical Situations Avaya International Link Consumer Representatives Give 2006
2006 Rare metal Defend regarding Fineness throughout Financial Credit reporting by means of Initiate connected with Chartered Accountants connected with India
2006 Ideal Property Insurance plan inside the Wise Dwelling Prizes by means of 360 Degrees
2007 General Insurer on the Calendar year on the 11th Asian countries Insurance plan Marketplace Prizes

2007 NDTV Revenue Enterprise Leadership Give 2007
2007 Brand name Leadership Give 2007 in 16th Asian countries Brand name Our lawmakers
2010 Glowing Peacock Invention Give 2010 regarding Rashtriya Bima Swasthya Yojana
2010 NASSCOM-CNBC TELEVISION 16 THIS End user Give 2010 regarding Ideal Technologies Execution inside the Insurance plan Market
2010 CNBC Awaaz Buyer Give 2010 for most Recommended Brand name in general Insurance plan classification
2010 Consumer and also Brand name Loyalty Give in Insurance plan Market -Non Lifestyle classification throughout 3 rd Loyalty Prizes, 2010
2010 Get better at Makes Give 2010 by means of CMO Authorities
2010 Ideal Marketing campaign on the Calendar year (2010) by means of Planet Brand name Our lawmakers with the Spend less Motor Insurance plan Marketing campaign
2010 Planet Enterprise Head Give on the Bizz 2010 Prizes
2011 Skoch Financial Supplement Give 2011 throughout minuscule fund
2011 ASTD Ideal 2011 Give
2011 The customer and also Brand name Loyalty Give on the next Loyalty Summit, 2011
2012 Glowing Peacock Give 2012 regarding Business Cultural Liability

Beyond just the mentioned prizes it's gained this:

JD Strength Asian countries Off-shore maximum rating throughout client satisfaction regarding ICICI Lombard Vehicle insurance
Honored in minute CMO Asian countries Prizes
iAAA rating through ICRA

ICICI Lombard Supervision

Your board connected with administrators in ICICI Lombard comprises this:
Brand Designation
Chanda Kochhar Chairperson
Chandran Ratnaswami Overseer
R Athappan Overseer
MK Sharma Overseer
Dileep Choksi Overseer
HN Sinor Overseer
Zarin Daruwala Overseer
Bhargav Dasgupta Managing Overseer and also CEO
NS Kannan Overseer
Alok Kumar Agarwal Executive Overseer
Ersus Mukherji Overseer
Neelesh Garg Executive Overseer
ICICI Lombard Financial Facts

The following table shows a few important fiscal details of the actual insurance firm throughout 2011-12:
Site Results throughout INR hundreds
Revenue through yucky interest/dividend and also hire 872, 639
Revenue on discount sales or perhaps payoff connected with opportunities 179, 494
Curiosity profits with levy reimbursement 33, 381
Revenue with sale/discard connected with fixed assets 15, 467
Provision regarding unsure obligations 279, 591
Staff members remuneration and extra prices 10, 098
Managerial remuneration 9, 206
Company directors charges 660
Money owed published down 735
Damage with sale/discard connected with fixed assets 33, 408
Stability connected with profit/(loss) produced forward through this past year 176, 539
ICICI Lombard Products

Your products and services connected with ICICI Lombard could possibly be referred to as beneath:
Motor Insurance plan

Car insurance
A couple Wheeler Insurance plan

Medical care insurance

Comprehensive Medical care insurance
Private Protect
Wellbeing Benefit As well as
Healthcare As well as
Vital Treatment

Travel cover

Solitary Spherical Journey
Senior citizen
Once-a-year Adjustable Journey

College student Helath insurance

In another country College student Travel cover

House Insurance plan
NRI Solutions

Person In another country Travel cover
Motor Insurance plan
ICICI Lombard Comprehensive Medical care insurance
Private Protect
Vital Treatment Insurance plan
House Insurance plan

Enterprise Insurance plan

Fire Insurance plan – Fire and also Special Challenges Coverage (Material Damage), Commercial Almost all Danger, and also Resulting Damage (Fire) Insurance policies
Workplace Deal Coverage
Marine Insurance plan – Almost all Pitfalls Insurance policies
Educative Organization Deal Coverage
Commercial Insurance plan – Central heating boiler and also Force Place Insurance policies, Systems Loss of Profits Insurance policies, Electronic digital Products Insurance policies, Contractors’ Almost all Danger Coverage, Systems Dysfunction Insurance policies, Contractors’ Place & Systems, and also Erection Almost all Pitfalls
Lodge Business Deal with
Business Insurance plan – Business Deal with, Group Mediclaim Insurance policies, Business In another country Journey, and also Group Private Car accident Insurance policies
Group Medical care insurance
Liability Insurance plan – Open Liability Insurance plan (Industrial Risks) Coverage, Workmens’ Settlement Coverage, Open Liability Insurance plan (Non-Industrial Risks) Coverage, Overseer & Reps Liability Insurance plan, Product or service Liability, Specialized Indemnity (Doctors & Professional medical Practitioners), and also Open Liability Work Only
Group Private Car accident Coverage
Store Insurance plan
Workmens Settlement Coverage
Wedding Insurance plan
Petrol Stop Deal Coverage
Various other Policies – Funds Insurance policies, Almost all Pitfalls Insurance policies, Herbal tea Crop Coverage, Credit rating Insurance plan, Burglary Insurance policies, and also Faithfulness Assure Insurance policies
Department stores and also Multiplex Coverage

Outlying Insurance plan

Medical care insurance
Weather conditions Insurance plan
House Insurance plan
Store Insurance plan
Tractor Insurance plan

ICICI Lombard Reports

ICICI Lombard has recently presented a well being plan named Comprehensive Medical care insurance having the use of contending with the more recent corporations inside the Native indian insurance plan scenario. Your coverage pledges a starting amount guaranteed amounting in order to INR 10 lakhs, and that is higher than just before. Furthermore, it affords the using positive aspects:

Outpatient department (OPD) include
Maternal dna benefit
Brand-new born baby include
Private accident include
Compensation connected with deterring care prices
Compensation connected with health and fitness charges

This particular coverage won't have a greatest age group regarding revival – something which is pretty like the other completely new procedures easily obtainable in the actual Native indian insurance plan marketplace. The following extra addresses can be purchased in this program:

Vital illness-donor charges include
Medical center daily cash permitting – convalescence benefit

In the critical illness-donor charges include the actual guaranteed is paid a stipulated group amount regarding dealing with a critical health problem. In the case of a transplant surgical procedure the actual organ donor is paid for also beneath this particular include.

In the minute include the actual guaranteed obtains a earlier fixed sum for every day connected with hospitalization as well as any time he or she is retrieving. On the other hand, these types of positive aspects are merely easily obtainable in specified include frames.

In addition to this, the actual coverage supplies protection regarding medical prices incurred at your home till a greatest restriction connected with INR 3000 each and every day. Furthermore, it offers an second restriction connected with INR 20, 000 with the flight of immediate relative throughout financial system type. This can be furnished should the guaranteed is within a healthcare facility regarding more than 5 days to weeks.

If your guaranteed opt for sub-limits they're going to acquire discounts on their premiums. They can additionally invigorate the actual coverage every year or perhaps on the bi-annual basis. This software supplies income tax positive aspects depending on Section 80D however limited to several years if the premium transaction is performed.
ICICI Lombard Workplace System and also Speak to Facts

The top practices connected with ICICI Lombard are near Mumbai and it also relishes a container Native indian profile. The speak to facts could possibly be enumerated while beneath:

Back-up and support:

ICICI Lombard General Insurance plan Co. Ltd.
401-402, Program Bldg; Not any. 11,
Website link Highway, Malad (West),
Mumbai – 400064
Toll cost-free cell phone number: 1800 2666
E-mail handle: customersupport@icicilombard. com

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