October 24, 2014 3:28 AM ET

Insurance

Company Overview of Max Bupa Health Insurance Company Limited

Company Overview

Max Bupa Health Insurance Company Limited provides health insurance products and services to individuals and businesses in India. The company’s products include heartbeat health insurance plan to families and individuals; international medical emergency policy for emergency medical treatment; and health companion health insurance plan to protect against sudden medical expenses and medical treatment. It also provides health care related services. The company was formerly known as Max Bupa Health Insurance Limited. Max Bupa Health Insurance Company Limited was founded in 2008 and is based in New Delhi, India. Max Bupa Health Insurance Limited is a subsidiary of Max India Limited.

2nd Floor

Salcon Ras Vilas

D-1 District Centre

Saket

New Delhi,  110017

India

Founded in 2008

Phone:

91 11 3090 2000

Fax:

18 00 3070 3333

Key Executives for Max Bupa Health Insurance Company Limited

Chief Executive Officer
Director of Finance
Age: 45
Chief Executive of Bupa Group
Age: 60
Director of Legal
Director of Customer Service & Operations
Compensation as of Fiscal Year 2014.

Max Bupa Health Insurance Company Limited Key Developments

Standard Chartered Bank and Max Bupa Enters into Bancassurance Corporate Agency Arrangement

Standard Chartered Bank and Max Bupa have announced their bancassurance corporate agency arrangement to provide Max Bupa's health insurance offerings to the customer base of Standard Chartered Bank across India. The arrangement comes on the back of IRDA's guidelines which permits a stand-alone health insurance company to avail the services of corporate agents of other life and /or Non-Life insurance companies to distribute their products in addition to the existing arrangements of the corporate agents with one life and one general insurance company. Standard Chartered will distribute Max Bupa's health insurance products to its customers across its ninety-nine branches spread over forty-two cities in India. Max Bupa will work with Standard Chartered Bank to ensure sales training, product support and smooth operational processes in order to offer Max Bupa's health insurance products to customers seeking a health cover for themselves and their family. This arrangement will reflect the core philosophy of Max Bupa of building unique product proposition around customer needs and Standard Chartered Bank's philosophy to provide best in class customer experience.

Max Bupa Health Insurance and Deutsche Bank in Bancassurance Partnership

Max Bupa Health Insurance and Deutsche Bank have entered into a bancassurance partnership in India. Max Bupa will be offering comprehensive health insurance plans to Deutsche Bank customers under the newly signed agreement.

Max Bupa Health Insurance Plans to Add 12 More Branches in Fiscal Year 2014

Max Bupa Health Insurance announced that it plans to expand from its current strength of more than 1,800 network hospitals, 21 offices in 13 locations and 9,500 agents for the current fiscal. The company also plans to open 12 more branches this fiscal. To enhance its customer base, the general insurer is also seeking partnerships with banks.

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