ICICI Lombard Becomes 1st Pvt Insurer To Get Office In GIFT City

The ICICI Lombard General Insurance has become the first private insurer to create an IFSC Insurance Office in GIFT city of Gujarat’s Gandhinagar. Reportedly, the office at the Gujarat International Finance Tec-City - India’s first operational smart city - will help the non-life insurer to tap opportunities in direct insurance and reinsurance sectors. Moreover, it will aid ICICI to expand its international business by providing offshore services to Indian companies.