ICICI Lombard teams up with Policybazaar
Indian general insurer ICICI Lombard has partnered with Policybazaar, an online insurance broker based in the city of Gurgaon
The partnership will allow a range of ICICI Lombard products – including travel and health insurance – to be offered on the Policybazaar platform.
The agreement covers all of Policybazaar’s main lines of business – including retail customers, corporate clients, and channel partners – giving ICICI Lombard access to nearly 10 million customers.
“We are very happy and excited to welcome ICICI Lombard to Policybazaar,” said Sarbvir Singh, Joint Group CEO, PB Fintech. “This partnership will bring ICICI Lombard’s exceptional insurance products and customer experience to our customers.”
ICICI Lombard reported in October 2023 that nine out of 10 Indian international travellers intend to purchase travel insurance for their next trip.