ICICI Lombard gets regulatory nod to pilot five proposals under the Sandbox Project
22nd Jan 2020

ICICI Lombard has received green signal to pilot five innovative applications and programs in its health and motor portfolio under the Sandbox Project. This is the highest number given to any company under the IRDAI introduced project. The company is to pilot the five proposals from February 01, 2020 to July 31, 2020.

The company has acquired approval for APP Monitored Diabetes Mellitus Wellness Program, APP Monitored Dyslipidaemia Management Program under the health insurance portfolio, Pay As You Use (PAYU) policies for Private Car, Pay How You Use (PHYU) policies for Private Car and Single owner multiple vehicle (Motor floater policy).The company is the only insurer to receive approvals on the features focused on Diabetes and Cholesterol. This ensures a more comprehensive plan proposition for health insurance consumers.

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.