ICICI Lombard General Insurance Company has become the first company in India to be certified by the British Standard Institution (BSI) for compliance with the revised ISO 31000:2018 Enterprise Risk Management (ERM) Guidelines released in February 2018.
The company has put in place a comprehensive ERM framework to identify, analyze, evaluate, mitigate, report, monitor and review organizational risks on a periodic basis. The framework helps to strengthen the organizational risk management culture, increase operational efficiency and achieve the company’s overall objectives.
ICICI Lombard has been awarded Certificate of Compliance for a period of 3 years from April 16, 2018, to April 15, 2021, on successful completion of the ISO 31000:2018 compliance process for its ERM systems.
ICICI Lombard General Insurance Company offers its customers a comprehensive and well-diversified range of products, including motor, health, crop/weather, fire, personal accident, marine, engineering and liability insurance, through multiple distribution channels.
