A Oneindia Venture

ICICI Lombard General Insurance Company Ltd. Company History and Annual Growth Details

2003

-ICICI Lombard launches `weather insurance' product to cover the weather for farmers.The farmers can now just take the cover and relax without breaking head over heavy or less rainfall

-The company has tied up with Way2Wealth, an investment consultant to market the companys range of general insurance products.

-ICICI Lombard unveils Web-enabled travel insurance scheme

2004

-ICICI Lombard unveils new cover for medical practitioners

-ICICI Lombard inks pact with Amadeus for global travel cover

-ICICI Lombard in pact with ABN Amro

-ICICI Lombard join hands with Indiatimes to provide motor vehicle insurance online

- ICICI Lombard ties up with Muthoot Group

-ICICI Lombard General Insurance, in association with the Government of Rajasthan, has announced the launch of a comprehensive weather insurance scheme for the farmers growing oranges, to compensate them for losses due to deficit rainfall

-Signs up with Consign Technology's software GoDB Platform for developing mobile and
disconnected Point of Sale (POS)

-ICICI Lombard General Insurance has provided 'hydrology risk' cover worth Rs 10 crore to Malana Power Company against any loss due to fall in power generation

-ICICI Lombard forges alliance with WB for weather Insurance policy

-ICICI Lombard rolls out new cover for cruise travellers

2005

-ICICI Lombard join hands with Maharashtra Govt to insure farmers

-American Express join hands with ICICI Lombard, HPCL to roll out tri-brand credit card

2007

-Mumbai: Small Industries Development Bank of India (SIDBI) has joined hands with ICICI Lombard General Insurance Company Ltd for giving non-life insurance products to SIDBI-assisted units in the Small and Medium Enterprise and Micro-finance sectors.
- HMSI ties-up with ICICI Lombard to offer auto insurance.

- ICICI Lombard General Insurance Company (ILGIC) and Nabard have joined hands to design a liability product aiming the debt-hit farmers of Maharashtra and Andhra Pradesh.

2008

- Shree Kshetra Dharmasthala Rural Development Project (SKDRDP) has joined hands with ICICI Lombard General Insurance Company Limited (ICICI-LGICL) to implement its premier health hospitalization insurance for the year 2005 and 2006.

2010

- ICICI Lombard General Insurance announced its bancassurance tie-up with Development Credit Bank for distribution of its products.

2017
- Best Legal Department, Asia Pacific Region
- Celent Model Insurer Asia Awards
- Fintelekt Insurance Awards
- Asia Quality Excellence & Leadership Awards
- Contact Center World Awards
- National Awards for Excellence in CSR
- ATD BEST 2017 Global Awards
- Golden Peacock National Training Award 2017
- PR Daily’s Corporate Social Responsibility Awards 2017
- ICICI Lombard offers Solar Panel Warranty Insurance policy
- ICICI Lombard General Insurance Company Limited '' Authorised KMPs to determine materiality of events/information''.


2018
-ICICI Lombard launches app to transform OPD health insurance.
-ICICI Lombard partners Ola for in trip insurance program.


2020
-For the second successive year, the company won the ‘Gold’ at the ‘LearningElite’ awards for our employee-focused learning and development practices.
-The company conferred with the ‘Insurance Company of the Year’ award.


2021
-The Company has been conferred with the award for ‘Best CSR Initiative-Non-life category’ for its ‘Caring Hands’ campaign.
-The Company has been conferred with the award for ‘Best General Insurance Company at the 4th Annual Best & Emerging Insurance Company Awards.
-ICICI Lombard launches corporate risk index.

2022
-ICICI Lombard launches a slew of 14 new products across Health, Motor and Corporate segments.
-ICICI Lombard won two Gold at the ‘ACEF Asian Leadership Awards.
-ICICI Lombard and Dr. Reddy’s collaborate for pilot launch of first-of-its-kind integrated and cashless digital health solution in India.

2023

-The Company has received approval from the Insurance Regulatory and Development Authority of India ( IRDAI ) for acquisition of upto 4.0% additional equity stake in the paid up capital of the Company by ICICI Bank through purchase of the shares from market.

- ''Approval of Insurance Regulatory and Development Authority of India to SBI Mutual Funds for acquisition up to 10% of total paid up equity share capital of the Company''.

2024

-The Company Received Asia's Best Insurance Company For Technology (India) Award.

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