ICICI Lombard, best insurer 2007ICICI General insurance awarded best general insurance company of the year at Singapore in the 11th Asia insurance industry awards 2007, the same being rewarded for introducing biometric smart card, weather insurance for farmers, and introducing online in
Apnainsurance.com Research Bureau
14 Nov 2007
In the 11th Asia insurance Industry Awards 2007 in Singapore, ICICI Lombard general insurance was recognized as the 'General insurance Company of the year'.
This is the first Indian insurer to win in the Asia insurance Awards. They won among 700 nominations that were received across 15 award categories from various regions.
ICICI Lombard has been given due credentials and merits and is being awarded for introducing biometric smart cards for rural customers.
With these cards, the policy-holders can carry all policy details without any papers and store transaction details. A rural customer does not have to go to the branch situated in a distant place. He can go to the nearest FINO (Financial Information Networks Operation) Fintech access points, where the customer can swipe the card, authenticate himself, pioneering weather insurance along with the world bank for farmers and introducing online insurance for customers.