Star Health Partners with PhonePe to provide insurance with monthly EMI options

SummaryStar Health’s Comprehensive Health Insurance Policy will be available with a monthly and annual payment option exclusively on the PhonePe app, with coverage up to ₹1 crore. Users can choose to pay their premium with the UPI Auto Pay mandate with a monthly EMI option.Star Health and Allied Insurance Company Ltd. on Wednesday said, in an exchange filing, that it has entered into a strategic partnership with PhonePe.
The company explained that under the partnership, Star Health’s…
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Source: https://upstox.com/news/market-news/stocks/star-health-partners-with-phonepe-to-provide-insurance-with-monthly-emi-options/article-78123/

Star Health and Allied Insurance Company Limited’s (NSE:STARHEALTH) Business Is Yet to Catch Up With Its Share Price

With a price-to-earnings (or “P/E”) ratio of 41.5x Star Health and Allied Insurance Company Limited (NSE:STARHEALTH) may be sending bearish signals at the moment, given that almost half of all companies in India have P/E ratios under 31x and even P/E’s lower than 17x are not unusual. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the elevated P/E. Star Health and Allied Insurance certainly has been doing a good job lately as it’s been growing…
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Source: https://simplywall.st/stocks/in/insurance/nse-starhealth/star-health-and-allied-insurance-shares/news/star-health-and-allied-insurance-company-limiteds-nsestarhea-3/amp

Stocks to buy: Asian Paints, IRCTC, Star Health among analysts top picks ,Stocks News, Business News

Stocks to buy today, April 24, 2024: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Kunal Saraogi, Ambareesh Baliga and Sumeet Bagadia share their top stock recommendations in this special segment, Pick of the Day.
COMMERCIAL BREAKSCROLL TO CONTINUE READINGOn the top analysts’ ‘buy’ list are stocks such as Asian Paints, IRCTC, Star Health and Allied Insurance Company and Mishra Dhatu Nigam (MIDHANI).
(Disclaimer: The views/suggestions/advices…
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Source: https://www.zeebiz.com/markets/stocks/photo-gallery-stocks-to-buy-asian-paints-irctc-star-health-among-analysts-top-picks-286131/amp

Citi On HDFC Life, Star Health, Morgan Stanley On ONGC And More

Brokerages from Citi Research to Nomura and Goldman Sachs took calls on various companies and sectors on Thursday. Citi Research has upgraded HDFC Life Insurance Co. and maintained its rating on Star Health and Allied Insurance Co. Nomura downgrades ABB India to ‘neutral’ from a ‘buy’ rating, and Goldman Sachs has initiated coverage of Indian energy stocks.

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Source: https://www.ndtvprofit.com/amp/markets/brokerage-views-calls-on-stocks-sectors-share-price-today

Star Health Insurance: CARE Ratings assigns credit rating of AA+/Stable ,Stocks News, Business News

Star Health and Allied Insurance Company Limited (Star Health Insurance), one of the leading insurance companies in India, has been rated ‘CARE AA+; Stable; and ‘CARE AA: Stable’ rating for a subordinate debt amounting to Rs 470 crore by CARE Ratings, the company said in its press release on April 11.
COMMERCIAL BREAKSCROLL TO CONTINUE READINGStar Health and Allied Insurance Company is a leading market player in the retail health insurance space, and the company claims that it has…
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Source: https://www.zeebiz.com/markets/stocks/news-star-health-insurance-care-assigns-credit-rating-of-aa/stable-share-price-nse-bse-283743/amp

Dimple Raisurana Kapur joins Star Health & Allied Insurance as EVP and head

Her previous stint was with Pernod Ricard India as head – corporate communications.Dimple Raisurana Kapur has joined Star Health and Allied Insurance as EVP and head – brand and corporate communications. Prior to this, she was associated with Pernod Ricard India as head – corporate communications.Kapur has more than two decades of experience in a diverse set of communication issues across both corporate and agency roles. She has contributed to organisations such as Piramal Group, Qualcomm…
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Source: https://www.afaqs.com/people-spotting/dimple-raisurana-kapur-joins-star-health-allied-insurance-as-evp-and-head-brand-and-corp-comm

Star Health Insurance: Star Health Insurance Ties Up With Phonepe | Chennai News

Chennai: Star Health and Allied Insurance Company has tied up with PhonePe to offer comprehensive insurance policies with monthly and annual EMI options. Under the partnership, the payment options are available on the PhonePe app with coverage up to Rs 1 crore.This is a first-of-its-kind initiative in the industry, Star Health said in a statement on Wednesday. Users can also opt to pay their premium with the UPI AutoPay mandate with a monthly EMI option. The standalone health insurer is also…
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Source: https://timesofindia.indiatimes.com/city/chennai/star-health-insurance-ties-up-with-phonepe/amp_articleshow/109016604.cms

PhonePe partners with Star Health Insurance to offer insurance with monthly payment options

The collaboration aims to provide customers with health insurance options with monthly and annual payment choices, enhancing flexibility and convenience for users.

Through this partnership, PhonePe users gain access to Star Health Insurance’s Comprehensive Health Insurance policy, with coverage extending up to Rs 1 crore.

Star Health and Allied Insurance is the largest retail health insurance company in India. As of December 31, 2023, Star Health has 877 branch offices across India….
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Source: https://theprint.in/economy/phonepe-partners-with-star-health-insurance-to-offer-insurance-with-monthly-payment-options/2026407/?amp

Star, PhonePe launch India’s first monthly payment insurance policy

Star Health, India’s largest health insurance company, launched India’s first ever insurance policy with a monthly payments option for the premium. Until now, all insurance policies in India come with a yearly payment option. The policy has been launched in tie-up with PhonePe, one of India’s top digital payments app. Customers can buy coverage of up to Rs. 1 crore and pay premiums monthly using PhonePe’s UPI AutoPay feature.Vishal Gupta, CEO of PhonePe Insurance said the move will increase…
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Source: https://www.newindianexpress.com/amp/story/business/2024/Apr/03/star-phonepe-launch-indias-first-monthly-payment-insurance-policy

TVS Group enters booming Rs 1 lk-cr health insurance market with Galaxy | Insurance News

Competition is hotting up in the growing health insurance business. After Narayana Hrudayalaya, Chennai-based TVS group owned by Venu Srinivasan has forayed into the Rs one lakh crore health insurance business.Galaxy Health and Allied Insurance Company, a stand-alone health insurer, set up by TVS Group and V Jagannathan, who had earlier founded Star Health Company, has received the license at the shortest possible time from the Insurance Regulatory & Development Authority of India…
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Source: https://indianexpress.com/article/insurance/tvs-group-enters-booming-rs-1-lk-cr-health-insurance-market-with-galaxy-9232236/lite/