ICICI Lombard General Insurance Co Ltd - Company Profile
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ICICI Lombard General Insurance Co Ltd (ICICI Lombard) is a provider of comprehensive general insurance solutions. The company engages in offering corporate solutions, government and rural business services, retail business, and shared services. Its major products include fire, marine, engineering, liability, employee group insurance, cyber insurance, health and personal accident, travel, crop, cattle, weather, mass health, personal accident, motor, health, home, and cyber insurance. ICICI Lombard serves a diverse customer base, including corporates, Micro, Small and Medium Enterprises (MSMEs), government-owned enterprises, rural customers, individuals, and small enterprises. The company distributes its products through multiple channels such as agents, brokers, bancassurance, tele sales, direct alliances, motor insurance service providers (MISPs), and online platforms. ICICI Lombard is headquartered in Mumbai, Maharashtra, India.
ICICI Lombard General Insurance Co Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Insurance: | Service: | ICICI Lombard |
| Fire | Underwriting and Claims | |
| Marine | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In December, the company signed a partnership with Vastu Housing Finance to provide a suite of comprehensive and digitally enabled insurance solutions to customers across 17 Indian states and 340 districts. |
| 2025 | Contracts/Agreements | In August, the company signed a partnership with Mahindra & Mahindra Financial Services Ltd to allocate motor insurance products. |
| 2025 | Contracts/Agreements | In July, the company signed a partnership with Policybazaar to introduce a new health insurance plan focused on outpatient department care. |
Competitor Comparison
| Key Parameters | ICICI Lombard General Insurance Co Ltd | The New India Assurance Co Ltd | IndusInd General Insurance Co Ltd | Bajaj General Insurance Ltd | HDFC ERGO General Insurance Company Limited |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Mumbai | Mumbai | Pune | Mumbai |
| State/Province | Maharashtra | Maharashtra | Maharashtra | Maharashtra | Maharashtra |
| No. of Employees | 15,008 | 10,949 | 7,775 | 9,121 | 10,345 |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Sanjeev Radheyshyam Mantri | Managing Director; Chief Executive Officer; Director | Executive Board | 2023 | 55 |
| Gopal Balachandran | Chief Financial Officer | Senior Management | - | - |
| Vinod Mahajan | Chief Investment Officer | Senior Management | - | - |
| Prasun Kumar Sarkar | Appointed Actuary; Chief Actuarial Officer | Senior Management | - | - |
| Jerry Jose | Chief Human Resources Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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