The tie-up focuses on digital evidence used in claims, including photos and video sent through email and other digital channels.
The company is marketing 6.24 millionshares in the offering at a price range of $15 to $17 each.
The ICA's position, set out in a submission to Treasury's options paper on CSLR sustainability, is that reforms must target the underlying drivers of costs rather than focus solely on new revenue mechanisms.
Shriram General Insurance will offer its products through Piramal Finance’s branch network of 701 locations across 26 states.