ICICI Lombard's 'Complete Health Insurance' bags product of the year award
The recognition is conferred on a product for a period of one year starting April.
 "ICICI Lombard's 'Complete Health Insurance' bags product of the year award")
ICICI Lombard General Insurance Company Ltd., the country's largest private sector general insurance company has been awarded "Product of the Year" for its recently launched product "Complete Health Insurance" (CHI). The award was announced at a ceremony held in Mumbai and was presided by Mr. Nandan Nilekani, Chairman, Unique Identification Authority of India (UIDAI).
"Product of the Year" is a global consumer recognition initiative that champions and rewards the best innovations in consumer products. It is based on an independent consumer survey conducted every year across 32 countries for the last 25 years to recognise the most innovative products. In India, "Product of the Year" winners are chosen based on a face-to-face research done with 18,000 respondents across 23 cities. The independent survey conducted by leading research firm, Nielsen, is the largest of its kind in the country.
Commenting on the occasion, Mr. Sanjay Datta, Chief - Underwriting & Claims, ICICI Lombard GIC Ltd. said: "We are delighted to have received this prestigious award. It is a true acknowledgement of our customer centric approach which has enabled us to introduce products that truly meet customer expectations. ‘Complete Health Insurance’ as a product offers several innovative features including flexible sum insured (upto Rs 50 lakh), lifetime entry/ renewability, OPD coverage, maternity benefits etc."
'Product of the Year' is an internationally recognised standard for new product launches that takes into account first hand consumer feedback to decide on the best available products in a category. The recognition is conferred on a product for a period of one year starting April.
"Product of the Year" is a global consumer recognition initiative that champions and rewards the best innovations in consumer products. It is based on an independent consumer survey conducted every year across 32 countries for the last 25 years to recognise the most innovative products. In India, "Product of the Year" winners are chosen based on a face-to-face research done with 18,000 respondents across 23 cities. The independent survey conducted by leading research firm, Nielsen, is the largest of its kind in the country.
Commenting on the occasion, Mr. Sanjay Datta, Chief - Underwriting & Claims, ICICI Lombard GIC Ltd. said: "We are delighted to have received this prestigious award. It is a true acknowledgement of our customer centric approach which has enabled us to introduce products that truly meet customer expectations. ‘Complete Health Insurance’ as a product offers several innovative features including flexible sum insured (upto Rs 50 lakh), lifetime entry/ renewability, OPD coverage, maternity benefits etc."
'Product of the Year' is an internationally recognised standard for new product launches that takes into account first hand consumer feedback to decide on the best available products in a category. The recognition is conferred on a product for a period of one year starting April.