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Providing international solution through GIFT City

Innovative insurance solutions tailored for India’s international financial hub

Direct Insurance Solutions
Reinsurance Solutions

GIFT City Office

ICICI Lombard General Insurance Company Ltd (the Company) has set up International Financial Services Centers Insurance Office (IIO) as a branch in the International Financial Services Centre (IFSC) at GIFT city, Gandhinagar, Gujarat and had commenced its business with effect from April 01, 2021.

GIFT City

Gujarat International Finance Tec-City, also called GIFT City, is a central business district in the Ahmedabad district in Gujarat, India. It is India's first operational greenfield smart city and international financial services centre, which the Government of Gujarat promoted as a greenfield project.

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About Us

ICICI Lombard is the leading private general insurance company in the country. The Company offers a comprehensive and well-diversified range of products through multiple distribution channels, including motor, health, crop, fire, personal accident, marine, engineering, and liability insurance. With a legacy of over 2 decades, ICICI Lombard is committed to customer centricity with its brand philosophy of ‘Nibhaaye Vaade’. The company has issued over 36.2 million policies, honoured over 2.9 million claims and has a Gross Written Premium (GWP) of ₹255.94 billion for the year ended March 31, 2024. ICICI Lombard has 312 branches and 13,670 employees, as on March 31, 2024.

ICICI Lombard has been a pioneer in the industry and is the first large scale insurance company in India to migrate its entire core systems to cloud. With a strong focus on being digital led and agile, it has launched a plethora of tech-driven innovations, including the industry first Face Scan on its signature insurance and wellness App - IL TakeCare, with over 9 million downloads.
For more details log on to www.icicilombard.com

Regulator

The IFSCA has been established on April 27, 2020 under the International Financial Services Centres Authority Act, 2019. It is headquartered at GIFT City, Gandhinagar in Gujarat. It is a statutory unified regulatory body under the Department of Economic Affairs, Ministry of Finance, Government of India established by an Act of Parliament. IFSC Insurance Office (IIO) is regulated by IFSCA.

For more details visit https://www.giftgujarat.in/

Business Proposition

At ICICI Lombard, our Direct and Reinsurance Business Solutions deliver comprehensive coverage tailored to meet your global needs.

Direct Business

We provide robust

Property Insurance to protect against natural disasters and theft,
Liability Insurance to shield against legal claims, and
Marine Insurance to cover cargo and shipping risks.
Health Insurance plans offer top-tier medical care for employees worldwide
Travel Insurance ensures support during international travel for emergencies, cancellations, and lost belongings.

Reinsurance Business

ICICI Lombard’s International Office excels in offering sophisticated reinsurance solutions designed to support insurers worldwide in managing and mitigating their risk exposure.

Our Reinsurance Business is focused on providing flexible, scalable reinsurance programs that enhance the stability and growth potential of our partners in the global insurance market.

We provide solutions internationally for our direct
business with following bouquet of products.

₁

Voyager Travel Insurance (Group)

Every company has special insurance requirement and no one realises better than we do. With two broad covers and eight plan options, the ICICI Lombard Corporate Overseas Travel Insurance policy covers the insured's permanent employees during their trip abroad.

₂

Credit Insurance - Financial Institutions

Credit Insurance Policy (financial institutions) is designed for banks, NBFCs, factoring companies and other eligible financial institutions which are engaged in the business of financing receivables of corporates on a with or without recourse basis.

₃

Marine Cargo Single Transit Policy

It covers a specific cargo under a single transit towards physical loss of or damage to cargo under movement by Road, Rail, Sea, Air and any combination thereof more known as multimodal.

₄

Marine Cargo Open Declaration Insurance Policy

It covers physical loss of or damage to cargo under movement by Road, Rail, Sea, Air and any combination thereof more known as multimodal. The covers are typically designed to take care of risks inherent in the mode of transit undertaken.

₅

Marine Cargo Export Import Insurance Open Policy

It covers physical loss of or damage to cargo under movement during Imports and Exports by Road, Rail, Sea, Air and any combination thereof more known as multimodal. The covers are typically designed to take care of risks inherent in the mode of transit undertaken.

₆

I-Elite Comprehensive General Liability Insurance

Designed as a form of indemnity insurance for all types of business to protect business from liability claims with regards to bodily injury, property damage and personal injury caused by the business’s operations.

₇

ICICI Lombard Property Insurance

ICICI Lombard Property Insurance Policy has been designed to cover wide range of properties including Buildings, Machineries, Stocks, Furniture, etc. It covers properties against loss or damage caused by any accident or misfortune unless specifically excluded in the Policy.

₈

ICICI Comprehensive Contract Works Insurance

This is a unique product which provides Comprehensive Single “All Risks” Insurance cover based on internationally accepted wordings irrespective of the complex mix of Civil & Electromechanical Works which are an integral part of Large Projects.

₉

International Group Health Insurance

The policy provides coverage of medical treatment and related expenses incurred by the Insured during in-patient hospitalization (IP), day patient treatment, out-patient (OP), wellness and online health services for any illness or injury suffered during the Policy Period.

₁₀

Directors and Officers Liability Insurance

Directors and officers (D&O) liability insurance is insurance coverage intended to protect individuals from personal losses if they are sued as a result of serving as a director or an officer of a business or other type of organization. It can also cover the legal fees and other costs the organization may incur as a result of such a suit.

₁₁

Marine Hull Insurance

Marine Hull Insurance product covers physical damage to hull and machinery, Collision liability, Salvage, Sue and Labour, and General Average in respect of water borne crafts/vessels. In addition, coverage is available for Ship building risks, Ship repairers liability, Jetties, Ship breaking risks, Mortgagee’s interests, Charterer’s liability also.

For resolution of any query or grievance, Insured may contact the respective branch office of the Company or may call us at toll free no. 1800 2666 or email us at iiogrievance@icicilombard.com or write to us at ICICI Lombard GIC LTD (IFSC Insurance Office). Unit No 630, Hiranandani Signature Building, Block 13B, Zone, Gift City, Gandhinagar 382355.

iiogrievance@icicilombard.com
www.icicilombard.com