The largest private sector non-life insurer had posted net profit of Rs 130 crore in the corresponding period of the last fiscal.
This, despite the fact, that 62 percent of those surveyed were aware of the benefits of a home insurance policy, a company statement said.
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Mritunjay Kapur of KPMG, Sanjay Datta of ICICI Lombard and Ahmad Javed, Commissioner of Police of Mumbai discusses how can CEOs build a strong internal system against cyber crimes and how can a common man protects himself from credit card frauds or leakage of personal information through hacking of emails or social websites.
"The moment of truth for any customer is at the time of claim. Therefore timely and hassle free processing of claims hold tremendous importance not only for the customer but also for the insurance company," says Sanjay Datta, Chief-Underwriting & Claims, ICICI Lombard GIC