| ICICI Lombard | |
| Client Profile | |
ICICI Lombard is India's number one private general insurance company which has a 74:26 joint venture between ICICI Bank Limited and the Canada based $ 26 billion Fairfax Financial Holdings Limited. It is a First general insurance company in India to be ISO 9001:2000 certified. |
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| Situation | |
Freebies to their valued clients to increase policies sale. |
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| Solution | |
We had series of meetings at their offices and subsequently they bought our VACPAC. ICICI Lombard has directed all their Area Managers to visit our corporate office and understand the product. The entire sales team working under the zonal offices were given VACPAC sample vouchers along with a literature which explained the product and how the vouchers are activated and how the end user gets entitled to additional coupons and discounts. They were explained that this vouchers are not only a 2 nights 3 days package vouchers but they are value pack worth Rs.25,000 and above, ( the end user gets the value for his insurance premium paid i.e Rs.4000 + Rs.22,500 additional coupons) and if you are able to convince this to the client base the policies will sell like cakes. |
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| Results | |
ICICI lombard placed an initial order of 200 VACPAC'S on sample basis in the month of January'2007. |
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