Star Health and Allied Insurance, a leading Indian retail health insurance company, has made a significant move by elevating its Chief Operating Officer (COO) and Chief Marketing Officer (CMO) to whole-time directors and designating them as key managerial personnel. This decision is subject to approval from the Insurance Regulatory and Development Authority of India (IRDAI). The appointments of Amitabh Jain as COO and Himanshu Walia as CMO will become effective once the necessary approval is received.
Amitabh Jain, the newly elevated COO, brings over 25 years of experience in financial services to the table. Prior to joining Star Health in 2023, he was a founding member of ICICI Lombard, where he developed a deep understanding of operational excellence and strategic growth. Jain holds an engineering degree, an MBA, and is a CFA charter holder. His expertise is expected to drive the company’s operational efficiency and strategic expansion.
Himanshu Walia, the elevated CMO, has over 22 years of experience in the insurance industry. He has been an integral part of Star Health Insurance since 2007 and has made significant contributions to building the company’s brand and market presence. Before joining Star Health, Walia held senior positions at ICICI Lombard and Tata AIG. He holds an MBA in marketing and is well-equipped to drive the company’s marketing efforts.
The elevation of these two experienced professionals demonstrates Star Health Insurance’s focus on enhancing its leadership depth and driving future growth. The company boasts a strong multi-channel distribution network, with 913 offices, over 14,000 network hospitals, and a vast network of licensed agents and financial institution partners. In the fiscal year 2025, Star Health’s gross written premium stood at Rs. 17,553 crore, with a net worth of Rs. 8,668 crore. With a robust foundation and experienced leadership, Star Health Insurance is well-positioned for continued growth and success in the Indian retail health insurance market.