ICICI Lombard General Insurance has partnered with Karnataka Bank to offer its insurance products to the bank’s 13 million customers across 915 branches. This collaboration aims to enhance financial security and broaden insurance coverage, aligning with the Insurance Regulatory and Development Authority of India’s (IRDAI) goal of achieving ‘insurance for all’ by 2047.
ICICI Lombard’s portfolio includes motor, health, crop, and liability insurance. The partnership also focuses on digital initiatives, allowing customers to manage insurance policies online for convenience and efficiency.