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ICICI Lombard General Insurance Company
3.7
based on 4.5k 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
3.7/5
based on 4.5k reviews
5% below
industry average
Critically rated for
Promotions, Work satisfaction
Work Policy
Work from office
81% 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
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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.
ICICI Lombard General Insurance Company Ratings
based on 4.5k reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
2k
4
1.1k
3
674
2
276
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524
Category Ratings
3.7
Job security
3.5
Company culture
3.5
Salary
3.5
Work-life balance
3.5
Skill development
3.3
Work satisfaction
3.0
Promotions
ICICI Lombard General Insurance Company is rated 3.7 out of 5 stars on AmbitionBox, based on 4.5k 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 4.3k reviews
3.5
Rated by 1k Women
Rated 3.6 for Job security and 3.3 for Company culture
3.8
Rated by 3.3k Men
Rated 3.7 for Job security and 3.6 for Work-life balance
Work Policy at ICICI Lombard General Insurance Company
based on 570 reviews in last 6 months
Work from office
81%
Hybrid
16%
Permanent work from home
3%
ICICI Lombard General Insurance Company Reviews
Top mentions in ICICI Lombard General Insurance Company Reviews
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Compare ICICI Lombard General Insurance Company with Similar Companies
 |  Change Company |  Change Company |  Change Company | |
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 4.5k reviews | 3.7/5 based on 1.6k reviews | 3.9/5 based on 2.4k reviews | 3.9/5 based on 3.2k reviews |
Highly Rated for |  No highly rated category | No highly rated category | Skill development Salary | Job security Work-life balance Company culture |
Critically Rated for | Promotions Work satisfaction | Promotions Work satisfaction |  No critically rated category | Promotions |
Primary Work Policy | Work from office 81% employees reported | Work from office 75% employees reported | Work from office 79% employees reported | Work from office 62% employees reported |
Rating by Women Employees | 3.5 Good rated by 1k women | 3.6 Good rated by 290 women | 3.6 Good rated by 385 women | 3.8 Good rated by 591 women |
Rating by Men Employees | 3.8 Good rated by 3.3k men | 3.7 Good rated by 1.2k men | 3.9 Good rated by 1.9k men | 4.0 Good rated by 2.5k men |
Job security | 3.7 Good | 3.4 Average | 3.6 Good | 3.9 Good |
View more
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 4.5k employees.
Unit Sales Manager
(2.8k salaries)
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₹2.2 L/yr - ₹8.5 L/yr
Sales Manager
(585 salaries)
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₹2 L/yr - ₹11.4 L/yr
Customer Service Manager
(542 salaries)
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₹1.8 L/yr - ₹9 L/yr
Customer Relationship Manager
(489 salaries)
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₹1.5 L/yr - ₹4.6 L/yr
Chief Manager
(441 salaries)
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₹9.5 L/yr - ₹22 L/yr
Relationship Manager
(330 salaries)
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₹2.5 L/yr - ₹8.6 L/yr
Product Manager
(288 salaries)
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₹6.7 L/yr - ₹23.2 L/yr
Operations Manager
(288 salaries)
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₹1.8 L/yr - ₹9 L/yr
Associate Vice President
(282 salaries)
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₹14 L/yr - ₹38 L/yr
Branch Manager
(215 salaries)
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₹4.5 L/yr - ₹13 L/yr
ICICI Lombard General Insurance Company Interview Questions
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ICICI Lombard General Insurance Company Jobs
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ICICI Lombard General Insurance Company News
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Magadh Central Co-Op Bank Fined By RBI For Non-Compliance With KYC Guidelines
- Magadh Central Co-Op Bank in Bihar has been fined Rs 1 lakh by RBI for non-compliance with KYC guidelines.
- RBL Bank announced the appointment of Narendra Agrawal as president, overseeing branch banking and retail liabilities.
- ICICI Lombard has launched an 'all-risk' cover solution for businesses.
- Poonawalla Fincorp has launched a digital personal loan offering for salaried professionals.
Bloomberg Quint | 4 Mar, 2025
UPI payments giant PhonePe launches insurance for Maha Kumbh Mela attendees
- UPI payments giant PhonePe has launched insurance coverage for travellers attending the Maha Kumbh Mela in Prayagraj, Uttar Pradesh.
- The insurance plan is available in two variants, priced at Rs 59 per traveller for train or bus travel and Rs 99 per traveller for domestic flights.
- PhonePe partnered with ICICI Lombard General Insurance to provide coverage for hospitalization, personal accident, loss of baggage, and more.
- The insurance is available on the PhonePe platform until February 25, 2025, ensuring complete coverage for the duration of the Maha Kumbh Mela.
ISN | 10 Feb, 2025
Stocks To Watch Today: Wipro, ICICI Lombard, Tech Mahindra, Adani Energy
- Wipro, ICICI Lombard, Tech Mahindra, and Adani Energy are the stocks to watch today.
- Wipro announced its Q3 earnings, with a net profit increase of 4.6% and a revenue rise of 0.1%.
- ICICI Lombard reported a 67.9% increase in net profit and a 17.2% growth in net premium income.
- Tech Mahindra witnessed a decline in net profit and revenue in the Q3 but saw an increase in Ebit and margin.
Bloomberg Quint | 20 Jan, 2025
Movers & Shakers: Stocks that will see action this week
- Balkrishna Industries: Stock expected to appreciate with strong support at ₹2,500. Buy at ₹2,700 with stop-loss at ₹2,350. Book profits at ₹3,250.
- ICICI Lombard General Insurance: Stock showing signs of bullish reversal. Buy at ₹1,945 with stop-loss at ₹1,780. Exit at ₹2,250.
- Indus Towers: Stock indicating a breakout with target at ₹450. Buy at ₹363 with stop-loss at ₹310. Liquidate at ₹450.
HinduBusinessLine | 18 Jan, 2025
ICICI Lombard Q3 Earnings: Profit Jumps 68% To Rs 724 Crore
- ICICI Lombard General Insurance Co. reported a net profit of Rs 724 crore in Q3 FY2025, up 68% from the previous year.
- Net premium income grew by 17.2% to Rs 5,045 crore in the same quarter.
- For the nine months ending December, net profit rose by 43% to Rs 2,000 crore.
- The solvency ratio of ICICI Lombard stood at 2.36%, exceeding the regulatory minimum of 1.50%.
Bloomberg Quint | 17 Jan, 2025
Wipro, Tech Mahindra, ICICI Lombard Q3 Results Today—Earnings Estimates
- Wipro, Tech Mahindra, ICICI Lombard and more will report Q3FY25 earnings on Friday.
- Wipro is estimated to have a profit of Rs 3,057.40 crore and revenue of Rs 22,218 crore for Q3.
- Tech Mahindra is expected to have a net profit of Rs 1,061 crore and revenue of Rs 13,391 crore for Q3.
- ICICI Lombard is likely to have a profit of Rs 635 crore and revenue of Rs 5,572 crore for Q3.
Bloomberg Quint | 17 Jan, 2025
ICICI Lombard Receives Rs 175 Crore Tax Relief From Income Tax Department
- ICICI Lombard General Insurance Co. received tax relief of Rs 175 crore as the commissioner's appeal ruled in favor of the appeal filed by the company.
- The company received a combined order from the commissioner of income tax for the appeal it filed pertaining to the assessment years 2012-13, 2015-16, 2016-17, and 2017-18.
- For AY 2015-16, the insurance provider received exemptions for interest income, dividend income, and profit from the sale of investments.
- Shares of ICICI Lombard closed 0.56% lower at Rs 1,877.60 apiece on the National Stock Exchange, compared to a 0.4% fall in the benchmark Nifty.
Bloomberg Quint | 10 Jan, 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 3.5 out of 5 based on 4,500+ employee reviews on AmbitionBox. 67% employees rated ICICI Lombard General Insurance Company 4 or above, while 33% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the 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 moderate, with a promotions and appraisal rating of 3.0. 33% employees rated ICICI Lombard General Insurance Company 3 or below, while 67% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. 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 4,500+ employee reviews on AmbitionBox.
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