ICICI Lombard General Insurance Company Limited Announces Management Changes
January 19, 2022 at 05:04 am EST
Share
ICICI Lombard General Insurance Company Limited announced that at its board meeting held on January 19, 2022, approved the appointment of Mr. Amit Kushwaha as Chief Compliance Officer and a Key Management Person of the Company with effect from February 1, 2022 in terms of "Guidelines for Corporate Governance for Insurers in India" issued by Insurance Regulatory and Development Authority of India, in place of Mr. Lokanath Kar, Chief-Legal & Compliance Officer of the Company. Mr. Amit Kushwaha has over 19 years of total experience outside and within the Company. In his current role as Vice President- Corporate Legal, he is responsible for managing legal risk, regulatory compliance, consumer grievance, litigation and quality control of Motor Third Party matters of the Company.
ICICI Lombard General Insurance Company Limited is an India-based general insurance company. The Company offers a comprehensive and diversified range of products through multiple distribution channels, including motor, health, crop, fire, personal accident, marine, engineering, and liability insurance. Its segments include Fire, Marine, Health including Personal Accident, Miscellaneous, Crop Insurance and Motor. Its Health including Personal Accident segment includes health retail, health group corporate and health government business. Its Miscellaneous segment includes miscellaneous retail and miscellaneous group corporate business. Its motor insurance includes car insurance, bike insurance and motor floater. Its health insurance includes Health AdvantEdge, MaxProtect, health booster, personal protect, Arogya Sanjeevani Policy, Saral Suraksha Bima and others. Its other insurances include crop insurance, NRI insurance, cyber insurance, ICICI Bharat Griha Raksha Policy and others.