Care Health Insurance

From Bharatpedia, an open encyclopedia


Care Health Insurance Limited
IndustryFinancial services
Founded2012; 12 years ago (2012)
Headquarters
Gurgaon, Haryana, India
Area served
India
Key people
Dr. Rashmi Saluja (Non-Executive Chairperson)
Anuj Gulati (MD & CEO)
Services
Number of employees
8,500+
ParentReligare
Websitecareinsurance.com

Care Health Insurance Limited (formerly Religare Health Insurance Company Limited)[1][2][3][4] is part of the Religare Group and a direct subsidiary of Religare Enterprises Limited (REL).[5] Kedaara Capital is a co-promoter of the company.[6] Care Health Insurance is an Indian health insurance company established in July 2012. The company is headquartered in Gurgaon, Haryana and operates out of 158 offices across India with 8500+ employees. It currently offers products in the retail segment for Health Insurance, critical illness insurance, Personal Accident Insurance, Super Top-up Coverage, International Travel Insurance and Maternity along with Group Health Insurance and Group Personal Accident Insurance for corporates.

Key people[edit]

Dr. Rashmi Saluja is the Non-Executive Chairperson and Mr.Anuj Gulati is Managing Director & CEO.[7]

History[edit]

Care Health Insurance (Formerly Religare Health Insurance) has been a subsidiary of Religare Enterprise.[8] It got its IRDAI registration on 26 April 2012 and has been among the five private sector insurers to underwrite policies exclusively in health, personal accident and travel insurance segments.[9]

In 2021, Religare Health Insurance had a claims settlement ratio of 95.2%[10] for the 2021 fiscal year.

Products[edit]

Care Health Insurance currently offers products in the retail segment for Health Insurance, Top-up Coverage, Personal Accident, Maternity, International Travel Insurance and Critical Illness along with Group Health Insurance and Group Personal Accident Insurance for Corporates, Micro Insurance Products for the Rural Market and a Comprehensive Set of Wellness Services.[citation needed]

Awards and recognition[edit]

Care Health Insurance was adjudged the "Best Health Insurance Company" at the ABP News-BFSI Awards 2017[11] and again at the Emerging Asia Insurance Awards, 2019[12] and "Best Claims Service Provider of the Year" at the Insurance India Summit & Awards 2018.[13] Care Health Insurance has also received the "Editor's Choice Award for Best Product Innovation" at Finnoviti in 2017 and was conferred the "Best Medical/Health Insurance Product Award" at the FICCI Healthcare Excellence Awards in 2015, 2018 and 2019.[14][15]

See also[edit]

References[edit]

  1. ↑ "Religare Enterprises renamed insurance arm as Care Health Insurance". www.business-standard.com. Retrieved 20 August 2020.
  2. ↑ "Religare Health Insurance rebrands as Care Health Insurance". www.brandequity.economictimes.indiatimes.com. Retrieved 1 September 2020.
  3. ↑ "Religare Health Insurance rebranded as Care Health Insurance". www.financialexpress.com. Retrieved 2 September 2020.
  4. ↑ "Religare Health Insurance rebrands as Care Health Insurance". www.mediasamosa.com. Retrieved 2 September 2020.
  5. ↑ "Religare Enterprises Limited". Archived from the original on 15 December 2011.
  6. ↑ "PE firm Kedaara Capital invests Rs567.3 crore in Religare Health Insurance". www.livemint.com/. Retrieved 3 June 2020.
  7. ↑ "Religare Health Insurance CEO on the group's new projects and more". @Business Today. Retrieved 11 February 2019.
  8. ↑ "Religare Enterprises Limited". Archived from the original on 15 January 2013.
  9. ↑ "Malvinder and Shivinder Singh exit Religare Health Insurance | Forbes India". Forbes India. Retrieved 10 August 2017.
  10. ↑ "Claim Settlement Ratio". Retrieved 17 January 2020.
  11. ↑ "ABP PRESENTS BFSI AWARD WINNERS 2015". @World BFSI Congress. Retrieved 11 January 2021.
  12. ↑ "Religare Health Insurance wins the BEST HEALTH INSURANCE COMPANY OF THE YEAR Award held by Emerging Asia Insurance awards 2019 and India's Best Travel Insurance Product By India Travel Awards!". Retrieved 19 June 2019.
  13. ↑ "3rd Annual Insurance India Summit & Awards 2018". @Bimabazar. Retrieved 11 September 2018.
  14. ↑ "FICCI health Awards".
  15. ↑ "Religare Bags Health Insurance Products Award at The FICCI Healthcare Excellence Awards 2019". Retrieved 3 September 2019.

External links[edit]

Template:Major insurance companies

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