ICICI Lombard General Insurance Company Limited is a leading private sector general insurance company in India. Established in 2001 as a joint venture between ICICI Bank and Fairfax Financial Holdings, it has grown to be a significant player in the non-life insurance market. Founded in 2001, ICICI Lombard was initially a joint venture with ICICI Bank holding a majority stake. Fairfax Financial Holdings divested its stake completely in 2019. As of February 2024, ICICI Bank became the holding company. The company offers a wide range of insurance products, including motor, health, home, travel, personal accident, crop, fire, marine, engineering, and liability insurance. ICICI Lombard is the largest private sector non-life insurer in India based on Gross Direct Premium Income. It has a multi-channel distribution network including direct sales, individual agents, bank partners, other corporate agents, brokers, and online platforms. As of March 31, 2025, it had 328 branches and 15,123 employees. ICICI Lombard has been proactive in adopting digital technologies, being the first large-scale insurer in India to migrate its core systems to the cloud. Its mobile app, IL TakeCare, has gained significant traction. The company has shown consistent growth in Gross Written Premium and has a significant market share in the Indian non-life insurance sector. For the year ended March 31, 2025, its Gross Written Premium was ₹ 282.58 billion. ICICI Lombard emphasizes customer service with initiatives like cashless hospital and garage facilities and a 24/7 customer support. In summary, ICICI Lombard is a well-established and technologically advanced general insurance company in India with a diverse product portfolio and a strong focus on customer satisfaction.

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