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/

Star Health To Offer Dollar-Denominated Insurance via GIFT City Branch

Star Health and Allied Insurance Company (Star Health Insurance), the retail health insurance firm in India, has recently announced that it has been granted registration by IFSCA to establish an IFSC International Office (IIO) at Gujarat International Finance Tec-City (GIFT City).GIFT City is a project of national importance and has become an integral part of India’s growth story.The company said that it is planning to commence its operations with a branch in GIFT City by the end of March…
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Source: https://www.news18.com/amp/business/star-health-to-offer-dollar-denominated-insurance-via-gift-city-branch-8823448.html

Health insurance industry expands market share, yet concerns arise for Star Health Insurance

Star Health Insurance, the largest standalone health insurance company, has experienced a significant decline in market share compared to its peers in the standalone health insurance sector. At the end of March 2022, Star Health Insurance held approximately 55% of the standalone health insurance market, but this figure dropped to 49% by March 2023 and further declined to 45% by February 2024.This decline represents a nearly 1,000 basis points (BPS) or 10% reduction in market share over the…
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Source: https://connectgujarat.com/amp/lifestyle/health-fitness/health-insurance-industry-expands-market-share-yet-concerns-arise-for-star-health-insurance-1526683

Bulk deals: ICICI Prudential MF buys stake in Star Health and Allied Insurance – Moneycontrol

Bulk deals: ICICI Prudential MF buys stake in Star Health and Allied Insurance  MoneycontrolICICI Prudential MF Buys Star Healths Shares For Rs 193 Crore  NDTV ProfitICICI Prudential MF buys Star Health’s shares for Rs 193 crore  The Economic TimesICICI Prudential mutual fund buys Star Health’s shares for Rs 193 crore  Business StandardICICI Prudential MF buys Star Health’s shares for Rs 193 crore  Press Trust of India
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Source: https://www.moneycontrol.com/news/business/bulk-deals-icici-prudential-mf-buys-stake-in-star-health-and-allied-insurance-12489711.htmlR
https://www.moneycontrol.com/news/business/bulk-deals-icici-prudential-mf-buys-stake-in-star-health-and-allied-insurance-12489711.html/amp

ICICI Prudential buys Star Health’s stake for Rs 193 cr

NEW DELHI: ICICI Prudential Mutual Fund on Tuesday bought shares of Star Health and Allied Insurance Company for Rs 193 crore through an open market transaction. As per the bulk deal data available with the National Stock Exchange (NSE), ICICI Prudential Mutual Fund purchased 36,74,074 shares, amounting to a 0.61 per cent stake in Star Health and Allied Insurance Company. The shares were acquired at an average price of Rs 540 apiece, taking the transaction value to Rs 192.99 crore. On…
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Source: https://www.dtnext.in/news/business/icici-prudential-buys-star-healths-stake-for-rs-193-cr-775057

ICICI Prudential buys Star Health’s stake for Rs 193 cr

NEW DELHI: ICICI Prudential Mutual Fund on Tuesday bought shares of Star Health and Allied Insurance Company for Rs 193 crore through an open market transaction. As per the bulk deal data available with the National Stock Exchange (NSE), ICICI Prudential Mutual Fund purchased 36,74,074 shares, amounting to a 0.61 per cent stake in Star Health and Allied Insurance Company. The shares were acquired at an average price of Rs 540 apiece, taking the transaction value to Rs 192.99 crore. On…
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Source: https://www.dtnext.in/amp/news/business/icici-prudential-buys-star-healths-stake-for-rs-193-cr-775057