ICICI Lombard General Insurance Company Limited (ICICIGI.BO)

1,828.10 -24.60 (-1.33%) At close: 03:29PM IST

ICICI Lombard General Insurance Company Limited

ICICI Lombard House
414, Veer Savarkar Marg Near Siddhivinayak Temple Prabhadevi
Mumbai 400025
India
91 22 6196 1100
https://www.icicilombard.com

Sector(s): Financial Services
Industry: Insurance - Diversified
Full-time employees: 13,670

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Gopal Balachandran	Chief Financial Officer	25.82M	N/A	1976
Ms. Vasundhara Bhonsle	Chief of Customer Support & Operations	N/A	N/A	N/A
Mr. Vinod Mahajan	Chief Investment Officer	N/A	N/A	N/A
Mr. Girish Nayak	Chief of Technology, Health Underwriting & Claims	N/A	N/A	1970
Mr. Amit Kushwaha	Head of Legal & Chief Compliance Officer	N/A	N/A	N/A
Ms. Sheena Kapoor	Head of Marketing, Corporate Communications & CSR	N/A	N/A	N/A
Mr. Jerry Jose	Chief of Human Resources	N/A	N/A	1972
Mr. Gaurav Arora	Chief of Underwriting and Claims Property & Casualty	N/A	N/A	N/A
Mr. Sandeep Goradia	Head of Corporate Solution Group	N/A	N/A	N/A
Birendra Mohanty	Head of SME & Broking	N/A	N/A	N/A

Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

ICICI Lombard General Insurance Company Limited provides various general insurance products and services in India. The company primarily offers fire, marine, cargo, engineering, aviation, public/product liability, employee group, workmen's compensation, cyber, personal accident, and travel insurance solutions. It also provides credit, crop, cattle, weather, group and mass health, and motor, as well as home insurance solutions. In addition, the company offers underwriting and claims, customer relationship, technology, operations, finance and accounts, human resources, legal and compliance, actuarial, marketing, business analytics, administration, and fraud control, as well as reinsurance solutions. It serves its customers comprising individuals, corporates, state and central governments, government-owned enterprises, and rural customers, as well as micro, small, and medium enterprises through agents, brokers, bancassurance, tele-sales, direct alliances, motor insurance service providers, and online platforms. The company was incorporated in 2000 and is based in Mumbai, India. ICICI Lombard General Insurance Company Limited operates as a subsidiary of ICICI Bank Limited.

Corporate governance

ICICI Lombard General Insurance Company Limited’s ISS governance QualityScore as of 1 July 2024 is 8. The pillar scores are Audit: 10; Board: 3; Shareholder rights: 9; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.