New Policy: ICICI Lombard, a prominent private general insurance provider in India, has introduced ‘IAR Supreme’, an innovative all-risk insurance policy aimed at safeguarding businesses. This policy offers flexibility, enhanced risk assessment services, and over 120 customizable coverage options tailored to meet the specific needs of clients.
Details about the scheme IAR Supreme
‘IAR Supreme’ is crafted to address the growing spectrum of risks and to provide comprehensive protection that distinguishes it from conventional insurance offerings, catering to both manufacturing and non-manufacturing sectors.
Equips organizations with extensive coverage
In an era where businesses navigate complex environmental challenges, dynamic risk management has become essential. ‘IAR Supreme’ equips organizations with extensive coverage across essential business functions, ensuring resilience against unforeseen disruptions.
Material damage, machinery breakdown, business interruption…
This policy establishes a new standard in the industry by providing customized coverage across various areas, including material damage, machinery breakdown, and business interruption. Key features include unlimited restoration of the sum insured post-claim, guaranteed policy renewal, and proactive risk assessment and mitigation strategies to minimize potential hazards. ICICI Lombard’s ‘IAR Supreme’ is structured with a customer-centric policy framework, allowing businesses to tailor their coverage according to individual requirements.
The company said
Sandeep Goradia, Chief of the Corporate Solutions Group and International & Bancas at ICICI Lombard, emphasized that as businesses advance in an increasingly intricate risk landscape, prioritizing financial security and operational continuity is crucial. ‘IAR Supreme’ is specifically designed to meet these challenges with flexible policy options that align with customer needs.