ICICI Lombard to tie up with UnitedHealth Group

Indian insurer's policyholders traveling to US will have access to US-based healthcare firm's programmes and services

Through this initiative, ICICI Lombard's 1.6 million policyholders traveling to the US, who are covered by the insurer's Overseas Travel Insurance or Student Overseas Medical Insurance, will have access to the US-based healthcare firm's programmes and services.

Sudhir Menon, head, travel insurance, ICICI Lombard, said, "This partnership is an innovative benefit for Indians, who are increasingly traveling abroad for both occupational and educational purposes."

"We look forward to leveraging the assets of UnitedHealth Group to deliver the best in service and resources to our customers throughout their travels to the United States," he said.

UnitedHealth International CEO Ori Karev said, "Our new partnership with ICICI Lombard is an important step in making access to cross-border health care more seamless for consumers, a model we are exploring in multiple markets."

ICICI Lombard is a 74:26 joint venture between ICICI Bank Ltd, India's second largest bank with $79 billion in assets, and Fairfax Financial Holdings Ltd, a Canada-based financial services provider.