ICICI Lombard Awarded the Asia Insurance Technology Award for "Best
Mobile Application"
MUMBAI, December 5, 2012 /PRNewswire/ --
ICICI Lombard General Insurance Company Ltd., the country's
largest private sector general insurance company, has been awarded
the prestigious Asia Insurance Technology Award for the "Best
Mobile Application" in the non-life insurance sector. This award
recognises those insurers who exhibit true innovation in the use of
mobile technology. ICICI Lombard General Insurance was bestowed the
award for implementing the 'Enterprise Mobility Initiative', having
launched several mobility applications targeting diverse
stakeholders including end customers, agents, claims surveyors, and
internal employees, thus providing quick service and information
access at the touch of a button.
The winners for Asia Insurance Technology Award 2012 were chosen
from a highly competitive field that included nominations from
India, Japan, Sri
Lanka, Singapore,
Hong Kong, China, Australia and New
Zealand. Commenting on the achievement, Mr.
Eswaranatarajan N, Chief-Operations & Technology, ICICI Lombard
GIC Ltd. said, "We are honoured to have received the award for
'Best Application Award' from Asia Insurance Review and Celent. At
ICICI Lombard, customer-centric product innovation remains an
imperative for sustaining growth. By migrating our services to the
technology platform, we have been able to enhance our service
delivery both in terms of reducing the number of processes as well
as the time required for settling claims. We shall strive to
continuously set new industry benchmarks by bringing in best
practices and enhancing our products, processes and service
deliverables."
About: Asia Insurance Technology
Award
Asia Insurance Technology Awards recognises excellence and
innovation in the use of technology within the insurance industry.
The second Asia Insurance Technology Award was given on the Asia
Insurance CIO Summit on 9 Nov 2012 in
Marina Mandarin Singapore.
Asia Insurance Technology Awards is organised by Celent together
with Asia Insurance Review. Twenty nine nominations were received
this year from India, Japan, South
Korea, Sri Lanka,
Singapore, Hong Kong, China, Australia and New
Zealand, and eight winners were selected by Celent AITA
evaluation team consisting of analysts from Asia, Europe
and North America.
About: ICICI Lombard General Insurance
Company Ltd.
ICICI Lombard GIC Ltd. is a joint venture between ICICI Bank
Limited, India's second largest
bank with consolidated total assets of over USD 91 billion at March
31, 2012 and Fairfax Financial Holdings Limited, a
Canada based USD 30 billion diversified financial services
company engaged in general insurance, reinsurance, insurance claims
management and investment management.
ICICI Lombard GIC Ltd. is the largest private sector general
insurance company in India with a
Gross Written Premium (GWP) of Rs 5,358
crore for the year ended March 31,
2012. The company issued over 76 lakh policies and settled
over 44 laky claims and has a claim disposal ratio of 99%
(percentage of claims settled against claims reported) as on
March 31, 2012.
The company has been conferred the "Golden Peacock Award 2012" for Corporate Social
Responsibility, "Golden Peacock Innovation Award-2010" for
Rashtriya Swasthya Bima Yojana. It also received the "Skoch
Financial Inclusion Award-2011" in the micro finance category. The
company has been conferred with 'NASSCOM - CNBC TV18 IT User Award
2010' for Best Technology Implementation in the Insurance Sector.
It has been awarded CNBC Awaaz Consumer Award 2010 for being the
'most preferred brand' in the General Insurance category. ICICI
Lombard Auto Insurance has been rated highest in customer
satisfaction by J.D. Power Asia
Pacific in India among 11
auto insurance providers. It was awarded Customer and Brand Loyalty
award in the 'Insurance Sector - Non-Life' at the 3rd Loyalty
awards, 2010 and the 'General Insurance Company of the Year' at the
11th Asia Insurance Industry Awards.
ICICI Lombard allows instant policy issuance and renewal through
its website www.icicilombard.com for all retail insurance products
including Car Insurance, International Travel Insurance, Two
Wheeler Insurance, Home Insurance and Health Insurance in India.
There are multiple payment options available including internet
banking, credit card, debit card and cash card.
For more details about the company, log on to the website
www.icicilombard.com.
Primary Media Contact: Girish J Kalra,
girish.kalra@icicilombard.com, 91-9167226767
Secondary Media Contact: Sulakshna
Mukherjee, sulakshna.mukherjee@icicilombard.com, 91-22-61961451