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ICICI Lombard General Insurance Company
3.6
based on 4.9k Reviews
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Company Overview
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Working at ICICI Lombard General Insurance Company
Company Summary
ICICI Lombard is among India's leading general insurance companies. Explore the wide range of insurance policies for health, motor, travel, home & more.
Overall Rating
3.6/5
based on 4.9k reviews
5% below
industry average
Critically rated for
Promotions, Work satisfaction
Work Policy
Work from office
80% employees reported
Monday to Friday
65% employees reported
Flexible timing
57% employees reported
Within city
52% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
256 employees reported
Job/Soft skill training
198 employees reported
Cafeteria
106 employees reported
Office cab/shuttle
66 employees reported
View all benefits
About ICICI Lombard General Insurance Company
Founded in2001 (24 yrs old)
India Employee Count10k-50k
Global Employee Count--
India HeadquartersMumbai, Maharashtra, India
Office Locations
Websiteicicilombard.com
Primary Industry
Other Industries
View in video summary
We provide general insurance solutions to secure you and your family against unexpected and untoward events. With ICICI Lombard, you can avail protection solutions for business, personal and project liabilities across rural as well as urban areas in India.
Mission: Our value proposition is driven by a promise to be the best partner for our customers. Hence we are here to live up to our promises. With a promise to ensure quick and smooth claims processing, our unmatched services are there to assist you at all times.
Vision: We will be the most value creating and admired risk solutions company in India, with a global footprint.
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ICICI Lombard General Insurance Company Ratings
based on 4.9k reviews
Overall Rating
3.6/5
How AmbitionBox ratings work?
5
2.1k
4
1.2k
3
749
2
322
1
590
Category Ratings
3.7
Job security
3.5
Company culture
3.5
Salary
3.5
Skill development
3.4
Work-life balance
3.3
Work satisfaction
2.9
Promotions
ICICI Lombard General Insurance Company is rated 3.6 out of 5 stars on AmbitionBox, based on 4.9k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at ICICI Lombard General Insurance Company
based on 4.7k reviews
3.5
Rated by 1.1k Women
Rated 3.6 for Job security and 3.4 for Skill development
3.7
Rated by 3.6k Men
Rated 3.7 for Job security and 3.6 for Salary
Work Policy at ICICI Lombard General Insurance Company
based on 724 reviews in last 6 months
Work from office
80%
Hybrid
17%
Permanent work from home
3%
ICICI Lombard General Insurance Company Reviews
Top mentions in ICICI Lombard General Insurance Company Reviews
+ 5 more
Compare ICICI Lombard General Insurance Company with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.6/5 based on 4.9k reviews | 4.0/5 based on 6.8k reviews | 4.1/5 based on 6k reviews | 3.9/5 based on 10.1k reviews |
Highly Rated for | No highly rated category | Job security Skill development Salary | Skill development Company culture Work-life balance | Skill development Work-life balance Job security |
Critically Rated for | Promotions Work satisfaction | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 80% employees reported | Work from office 88% employees reported | Work from office 82% employees reported | Work from office 80% employees reported |
Rating by Women Employees | 3.5 Good rated by 1.1k women | 3.9 Good rated by 1.5k women | 4.1 Good rated by 1.3k women | 3.8 Good rated by 2.2k women |
Rating by Men Employees | 3.7 Good rated by 3.6k men | 4.1 Good rated by 5k men | 4.1 Good rated by 4.4k men | 4.0 Good rated by 7.6k men |
Job security | 3.7 Good | 4.1 Good | 3.9 Good | 3.8 Good |
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ICICI Lombard General Insurance Company Salaries
ICICI Lombard General Insurance Company salaries have received with an average score of 3.5 out of 5 by 4.9k employees.
Unit Sales Manager
(2.8k salaries)
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₹2.4 L/yr - ₹8.3 L/yr
Chief Manager
(571 salaries)
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₹9.5 L/yr - ₹24 L/yr
Customer Service Manager
(547 salaries)
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₹1.8 L/yr - ₹9.5 L/yr
Sales Manager
(533 salaries)
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₹2.8 L/yr - ₹11 L/yr
Customer Relationship Manager
(491 salaries)
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₹1.5 L/yr - ₹4.8 L/yr
Relationship Manager
(334 salaries)
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₹2.5 L/yr - ₹7.5 L/yr
Associate Vice President
(299 salaries)
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₹14 L/yr - ₹35.1 L/yr
Product Manager
(285 salaries)
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₹5.5 L/yr - ₹19 L/yr
Operations Manager
(285 salaries)
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₹1.8 L/yr - ₹9 L/yr
Sales Executive
(208 salaries)
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₹1.1 L/yr - ₹5 L/yr
ICICI Lombard General Insurance Company Interview Questions
An Unit Sales Manager was asked 2mo agoQ. What is marketing?
A Customer Service Manager was asked 6mo agoQ. What are your expected CTC?
An Underwriter was asked 1mo agoQ. Why insurance?
A Test Engineer was asked Q. Tell me the basics of manual testing.
A Desktop Support Engineer L1 and L2 was asked 2mo agoQ. How do you join a computer to a domain?
ICICI Lombard General Insurance Company Jobs
Popular Designations ICICI Lombard General Insurance Company Hires for
Popular Skills ICICI Lombard General Insurance Company Hires for
Current Openings
ICICI Lombard General Insurance Company News
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Satish Singh elevated to CPO, PNB Housing Finance
- Satish Singh has been elevated to the position of chief people officer (CPO) at PNB Housing Finance.
- Singh has over 13 years of experience with PNB Housing Finance, starting as national head-human resources in 2011 and later serving as chief operating officer (COO) in 2022.
- Prior to joining PNB Housing Finance, Singh held HR roles at JSW Steel and Bharti AXA General Insurance.
- In his new role as CPO, Satish Singh aims to innovate HR, learning and development, general administration, corporate social responsibility, and environmental, social, and governance practices at the company.
HRKatha | 2 Jun, 2025
India Inc Improved Risk Handling in 2024, With AI Leading The Way: ICICI Lombard Report
- Corporate India improved its risk handling in 2024 with a 'Corporate India Risk Index' score of 65, up from 64 in 2023, indicating optimized risk management practices across sectors.
- Nine industries achieved 'Superior Risk Index' status, with pharmaceutical, healthcare, BFSI, and manufacturing companies integrating resilience measures.
- AI adoption, cybersecurity enhancement, and sustainability initiatives were key themes influencing risk priorities, showcasing a shift towards long-term resilience and strategic focus on AI and digital agility.
- AI emerged as the most significant trend in 2024, prompting sectors to strengthen compliance frameworks and invest in AI-specific risk mitigation strategies, as per the report by ICICI Lombard and Frost & Sullivan.
Bloomberg Quint | 8 May, 2025
The Changing Face Of BFSI— Read Motilal Oswal's Thematic View; HDFC Bank, Angel One, Home First Among Top Bets
- Motilal Oswal's thematic view on the changing face of the BFSI sector.
- HDFC Bank, Angel One, and Home First are among the top bets in the sector.
- HDFC Life and ICICI Lombard are preferred in the insurance sector.
- In the capital markets, Motilal Oswal favors HDFC AMC, Nuvama, CAMS, and Angel One.
Bloomberg Quint | 22 Apr, 2025
ICICI Lombard Q4 Results Review: Beat On Combined Ratio; PAT Miss Due To Investment Income — Motilal Oswal
- ICICI Lombard General Insurance’s gross written premium was 10% up YoY in Q4 FY25 to Rs 69 billion.
- Net earning premium grew 20% YoY to Rs 52.3 billion.
- For FY25, ICICI Lombard's gross written premium grew 17% YoY to Rs 198 billion.
- ICICI Lombard continues to focus on profitable growth across segments, with a double-digit growth expectation in the motor segment.
Bloomberg Quint | 16 Apr, 2025
Ireda, ICICI Prudential, ICICI Lombard Shares React After Q4 Results Announcements
- Shares of Indian Renewable Energy Development Agency Ltd., ICICI Lombard General Insurance Co., ICICI Prudential Life Insurance Co. were in focus on Wednesday, after the companies announced their fourth quarter results.
- Ireda shares rose the most, while ICICI Lombard fell the most, among the companies that announced their results for quarter ended March.
- ICICI Prudential Life Insurance Co. reported a rise in share price, net premium income, net profit, and AUM.
- Ireda reported a rise in share price, total income, and net profit, while ICICI Lombard reported a fall in share price and net profit.
Bloomberg Quint | 16 Apr, 2025
Stocks To Watch Today: Gensol Engineering, IndusInd Bank, RIL, ONGC, Ireda
- An array of stocks linked to the oil and gas sector, including RIL, ONGC, and Oil India will be in focus on Wednesday.
- Gensol Engineering will be in focus as SEBI has barred its promoters from securities markets due to fund diversion charge.
- IndusInd Bank revealed a financial impact of Rs 1,979 crore due to derivative accounting discrepancies.
- Other stocks to watch include ICICI Prudential Life Insurance, Ireda, ICICI Lombard General Insurance, Blue Dart Express, Mahanagar Gas, Axis Bank, and Indraprastha Gas.
Bloomberg Quint | 16 Apr, 2025
Stock Recommendations Today: IndusInd Bank, ICICI Prudential Life, ICICI Lombard On Brokerages' Radar
- IndusInd Bank, ICICI Prudential Life, and ICICI Lombard were under the spotlight for brokerages on Wednesday.
- BofA predicts headline inflation to average 4.1% in FY 2026 after two consecutive months of sub-4% inflation.
- HSBC expects mid-single-digit CAGR growth for the IT sector in USD terms over the medium term.
- Morgan Stanley maintains 'equal weight' on IndusInd Bank with a target price of Rs 755, awaiting audit report findings.
- Macquarie maintains 'Outperform' on IndusInd Bank, citing a positive outlook with limited derivative discrepancy impact.
- Citi maintains 'Buy' on IndusInd Bank, stating the impact of derivative discrepancy is less severe than expected.
- Brokerages have mixed views on ICICI Prudential Life, with Macquarie maintaining a 'Neutral' rating and Morgan Stanley reducing target price.
- For ICICI Lombard, Macquarie holds 'Outperform' while Citi maintains 'Sell' with raised target price due to weak Q4 performance.
- HSBC foresees mid-single-digit revenue CAGR in USD terms for the IT sector over the medium term.
- BofA analyzes the consumer sector, emphasizing the importance of de-averaging FMCG valuations based on business growth and global sectoral trends.
Bloomberg Quint | 16 Apr, 2025
ICICI Lombard General Insurance Q4 net falls 1.9% on muted growth in gross premium
- ICICI Lombard General Insurance's Q4 net profit falls 1.9% due to muted growth in gross premium.
- During Q4FY25, the company's gross direct premium income grew 2.3% YoY to ₹6,211 crore.
- The net premium written during the same period grew 14.97% YoY to ₹5,481.03 crore.
- ICICI Lombard proposed a final dividend of ₹7 per share for the last fiscal year.
HinduBusinessLine | 15 Apr, 2025
ICICI Lombard Q4 Results: Profit Declines Nearly 2% To Rs 510 Crore
- ICICI Lombard General Insurance Co.'s net profit fell by nearly 2% on a year-on-year basis in the January–March quarter.
- The insurer posted a net profit of Rs 510 crore in the quarter ended March 31, 2025, down 1.9% as compared to Rs 520 crore in the year-ago period.
- The net premium earned during the quarter under review climbed 19.6% to Rs 5,226 crore, compared to Rs 4,368 crore in the corresponding quarter of the previous fiscal.
- The gross premium has risen by 10.2% to Rs 6,903.9 crore, as compared to Rs 6,263.1 crore in the year-ago period.
Bloomberg Quint | 15 Apr, 2025
ICICI Lombard Declares Rs 7 Per Share Final Dividend For FY25
- ICICI Lombard General Insurance Co.'s board has approved a final dividend of Rs 7 per share for the financial year ending March 2025.
- The net profit of ICICI Lombard for the quarter ended March 31, 2025, declined by 1.9% on a year-on-year basis.
- The net premium earned during the quarter increased by 19.6% to Rs 5,226 crore.
- Shares of ICICI Lombard closed 6.05% higher at Rs 1,822.60 apiece on the National Stock Exchange.
Bloomberg Quint | 15 Apr, 2025
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ICICI Lombard General Insurance Company Perks & Benefits
ICICI Lombard General Insurance Company Subsidiaries
Warburg Pincus
1.0
• 1 review
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ICICI Lombard General Insurance Company Offices
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ICICI Lombard General Insurance Company FAQs
When was ICICI Lombard General Insurance Company founded?
ICICI Lombard General Insurance Company was founded in 2001. The company has been operating for 24 years primarily in the Insurance sector.
Where is the ICICI Lombard General Insurance Company headquarters located?
ICICI Lombard General Insurance Company is headquartered in Mumbai, Maharashtra. It operates in 2 cities such as Kolkata, Visakhapatnam. To explore all the office locations, visit ICICI Lombard General Insurance Company locations.
How many employees does ICICI Lombard General Insurance Company have in India?
ICICI Lombard General Insurance Company currently has more than 13,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in ICICI Lombard General Insurance Company based on the number of reviews submitted on AmbitionBox.
Does ICICI Lombard General Insurance Company have good work-life balance?
ICICI Lombard General Insurance Company has a work-life balance rating of 3.4 out of 5 based on 4,900+ employee reviews on AmbitionBox. 34% employees rated ICICI Lombard General Insurance Company 3 or below, while 66% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read ICICI Lombard General Insurance Company work-life balance reviews for more details
Is ICICI Lombard General Insurance Company good for career growth?
Career growth at ICICI Lombard General Insurance Company is rated as poor, with a promotions and appraisal rating of 2.9. 34% employees rated ICICI Lombard General Insurance Company 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading ICICI Lombard General Insurance Company promotions/appraisals reviews for more detailed insights.
What are the cons of working in ICICI Lombard General Insurance Company?
Working at ICICI Lombard General Insurance Company does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal and work satisfaction, based on 4,900+ employee reviews on AmbitionBox.
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