ICICI Lombard, based in Mumbai, India, is the leading private sector, non-life insurance company in India. The company’s products include motor insurance, health insurance, crop insurance, and other lines (e.g., property, engineering and marine insurance). ICICI Lombard was established in 2001, shortly after the government permitted private sector participation in the insurance industry in India. Since inception, ICICI Lombard has established itself as a market leader with a strong brand, retail-focused product mix, multichannel distribution capabilities, and an experienced management team.
Warburg Pincus is a leading global private equity firm focused on thesis-driven growth investing at scale. With more than $65 billion in assets under management, our active portfolio of more than 185 companies is highly diversified by stage, sector and geography. As an experienced partner to outstanding management teams, we help build durable companies with sustainable value. We have raised 19 private equity funds, which have invested more than $77 billion in over 870 companies in more than 40 countries.