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ICICI Lombard Collaborates with Policybazaar for Insurance Product Distribution

Published on April 12, 2024
Current Context: ICICI Lombard and Policybazaar entered into a strategic partnership on 9th April 2024. This collaboration aims to provide accessible insurance solutions for Indian consumers.
ICICI Lombard Collaborates with Policybazaar for Insurance Product Distribution
  • Here are some key points about this partnership:
    • The partnership encompasses access to nearly 10 million customers with a wide range of insurance products, including motor insurance, health insurance, travel insurance, home insurance, and business insurance.
    • The partnership entails inclusion across multiple business lines of the Policybazaar platform, catering to retail audiences, corporates, and channel partners.
    • The partnership will significantly enhance insurance distribution, ensuring comprehensive coverage reaches every corner of the nation through the convenience of a seamless digital platform.
    • Anand Singhi, Chief - Retail & Government Business of ICICI Lombard, mentioned that they aim to democratise insurance in India by offering consumers an accessible and comprehensive platform to purchase insurance seamlessly.
    • Sarbvir Singh, Joint Group CEO, of PB Fintech, pointed out the shared commitment to driving the vision of “Insurance for All by 2047” in the country.
    • This partnership is expected to combine the product portfolio of ICICI Lombard and the reach of Policybazaar, providing accessible insurance solutions to nearly one crore customers.


Q.1 Who is the Chief - Retail & Government Business of ICICI Lombard?
a. Sarbvir Singh
b. Anand Singhi
c. Ratan Tata
d. Mukesh Ambani
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