Tag Archive for lombard

ICICI Lombard signs distribution tie-up pact with RBL Bank

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

ICICI Lombard General Insurance Ltd., one of India’s leading private sector general insurance companies and RBL Bank have entered into a Corporate Agency Tie-up agreement. The agreement has been signed for the distribution of ICICI Lombard’s non-life insurance products at RBL Bank branches all over the country as part of the insurer’s Bancassurance channel focus.

 

ICICI Lombard will now offer its non-life insurance solutions to RBL Bank customers spread across the latter’s 246 branches. Bancassurance tie-up is an important part of ICICI Lombard’s growth strategy and the company is focused on forging successful alliances, to enhance its distribution network in the country.

 

Commenting on the tie-up, Sanjeev Mantri, Executive Director, ICICI Lombard General Insurance stated, “We are delighted to have partnered with RBL Bank. At ICICI Lombard, we endeavor to make our products available to our consumers through multiple and convenient channels. The tie up with RBL Bank is a step forward in this direction and will enable RBL Bank customers to source our non-life insurance solutions from the convenience of their bank’s branches and other customer connect points. We will continue to pursue customer centric ways to help consumers avail of and benefit from our range of non-life insurance offerings.” Read more

Mr. Bhargav Dasgupta’s (MD & CEO – ICICI Lombard) view on the Union Budget 2018

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

The Government has focused on inclusive measures in the budget , targeting critical areas of agriculture , education , health , power among others. On health insurance, the introduction of Rs. 5 lakh cover for families and increase in medical insurance tax exemption for senior citizens indicate the focus of policy makers to ensure adequate protection against health hazards for India’s populace. Read more

ICICI Lombard launches solution to transform OPD healthInsurance

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By  Vivek K.   Mobile: 09920183006  Email:indianshowbusiness@gmail.com

ICICI Lombard General Insurance, one of the leading general insurance companies in the country has launched a health insurance app — ‘IL TakeCare’ in collaboration with Practo, the leading healthcare platform. This one-of-its-kind solution covers Outpatient (OPD) expenses of all its customers.

The app meets key customer requirements with respect to their primary healthcare needs. This includes hassle-free, real-time claim authentication of expenses such as doctor consultation, medical tests, pharmacy spends etc. It also empowers the user to access a cashless network comprising of specialized doctors. The app thus addresses a key problem of customers wherein they were hitherto required to pay for OPD expenses from their own pocket.

The ‘IL TakeCare’ application works in sync with Practo’s ‘Trinity’ technology to allow customers to make cashless visits with doctors including those who operate stand-alone clinics.

The IL TakeCare app also allows users to book a network diagnostics centre for medical tests and receive the results on the app, which automatically becomes an online repository of medical records. They can also buy medicines at discounted rates and pick them from a medical store or get delivery at their home. Read more

ICICI Lombard commissions pan India research: ‘Readiness of India Inc. with respect to Risk Management’

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By  Vivek K. Mobile: 09920183006  Email:indianshowbusiness@gmail.com

ICICI Lombard General Insurance, one of the leading general insurance companies in the country, has commissioned an all India research entitled ‘Readiness of India Inc. with respect to Risk Management’. The research was conducted through online interviews with 130 C-suite risk officers, to identify the risk practices adopted by Indian organizations.

The research elucidates Enterprise Risk Management (ERM) as a mechanism which combines culture, capabilities and practices with strategy setting and its execution to manage risks in order to create, persevere and realize value. While the key risk areas perceived by India Inc. include regulatory compliance (53%) and operational concerns (50%); 27% of the respondents believe geopolitical uncertainty to be a risk factor. Whereas, 23% claim uncertain economic growth can lead to increasing risks. Interestingly, only 23% respondents perceived information insecurity as a key risk while 11% believe technological disruption was a risk area. This could be because of the limited risk exposures that companies would have experienced directly. Read more

ICICI Lombard ‘Caring Hands’ initiative

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By  Vivek K. Mobile: 09920183006  Email:indianshowbusiness@gmail.com

ICICI Lombard continues to fulfill its commitment towards making a difference in the lives of children from the economically weaker sections of society. As part of its employee volunteering CSR initiative, the country’s largest private sector general insurance company organized the 7th edition of Caring Hands with free eye checkup camps for 36,579 students hailing from 273 schools across 104 locations from the country, on a single day. Out of the total number of pupils screened 5,853 students diagnosed with poor vision.

The country’s financial capital, Mumbai accounted for the highest number of students with 7,555 students from 45 schools, followed by NCR and Hyderabad. In the year 2017, a 22% increase was observed in spectacle requirement since 5,853 students were recommended spectacles compared to last year’s 4,802 students. The western region observed more instances of children requiring spectacles. Read more


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