MoneyWorks4Me

ICICI Lombard aiming to settle MSME clients' admissible claims of up to Rs 5 lakh within 10 days

27 Jun 2022 Evaluate

ICICI Lombard General Insurance Company is aiming to settle the MSME clients' admissible claims of up to Rs 5 lakh within 10 days of completing the claims survey. The claims settlement process is a first-of-its-kind service to enable faster claim settlement for MSMEs and startups.

It uses state-of-the-art AI and big data analytics to enable this faster decision-making process and aid claims payments. This facility will empower MSMEs to manage unwarranted situations arising from any mishaps.

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.

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