Latest news with #StarHealthInsurance
Time of India
19-05-2025
- Business
- Time of India
Star Health Insurance introduces variants for personalised health coverage
Chennai: Retail health insurance provider Star Health Insurance has launched Star Flexi , an expansion to its product 'Super Star'. The company states that Star Flexi is designed to offer additional options and customisation to the existing Super Star health plan . With this, Star Health has introduced three new variants — Essential, Preferred, and Secure. According to the company, the three packages are designed to serve a wide range of customers, from individuals in rural and semi-urban areas to those in metropolitan cities who prefer more comprehensive and premium coverage. Anand Roy, MD & CEO, Star Health Insurance, said, 'With the launch of the three curated health insurance packages , 'Essential', 'Preferred', and 'Secure', we are reinforcing our commitment to expanding access to high-quality healthcare insurance from small villages and towns to metros'
Business Standard
13-05-2025
- Business
- Business Standard
Star Health Announces New Board Appointments
PRNewswire Chennai (Tamil Nadu) [India], May 13: Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India's largest retail health insurance company has announced key appointments and leadership updates, underscoring the company's commitment to strengthening its executive leadership and operational capabilities. Amitabh Jain, Chief Operating Officer has now been elevated as Whole-time Director and designated as a Key Managerial Personnel. Jain is a seasoned professional with over 25 years of experience in financial services. He is currently serving as the Chief Operating Officer at Star Health, a position he assumed in 2023. Jain was a founding member of ICICI Lombard and brings with him a deep understanding of operational excellence and strategic growth. He holds an engineering degree, an MBA, and is a CFA charter holder. Himanshu Walia, Chief Marketing Officer has also now been elevated as Whole-time Director and designated as a Key Managerial Personnel. Walia brings over 22 years of rich experience in the insurance sector. He has been an integral part of Star Health Insurance since 2007, serving as the Chief Marketing Officer, and has played a pivotal role in building the company's brand and market presence. Prior to joining Star Health, he held leadership roles at ICICI Lombard and Tata AIG. Walia holds an MBA in Marketing. The effective date of appointment for both would be the date of approval by IRDAI. These appointments reflect the company's focus on enhancing leadership depth and driving future growth through experienced and visionary professionals. About Star Health and Allied Insurance Star Health and Allied Insurance Co. Ltd. (BSE: 543412) (NSE: STARHEALTH) is a market leader in standalone health insurance in India. The Company commenced operations in 2006 and is India's first Standalone Health Insurance Company. Star Health Insurance provides Health, Personal Accident and Travel Insurance to customer. The Company has grown to emerge as one of the preferred private health insurance Company in India with several pioneering products and services to its credit. With customer-centricity at its core, the Company has superior and innovative product offerings, service capabilities and a seamless claims management process. Star Health offers tailor made products to cater to the needs of customers across cancer, diabetes, cardiac illnesses and senior citizen, women and children specialized suite of health insurance offerings. Star Health is India's first health insurance Company to settle over 1 crore claims.
Business Upturn
13-05-2025
- Business
- Business Upturn
Star Health Announces New Board Appointments
CHENNAI, India , May 13, 2025 /PRNewswire/ — Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India's largest retail health insurance company has announced key appointments and leadership updates, underscoring the company's commitment to strengthening its executive leadership and operational capabilities. Mr. Amitabh Jain , Chief Operating Officer has now been elevated as Whole-time Director and designated as a Key Managerial Personnel. Mr. Jain is a seasoned professional with over 25 years of experience in financial services. He is currently serving as the Chief Operating Officer at Star Health, a position he assumed in 2023. Mr. Jain was a founding member of ICICI Lombard and brings with him a deep understanding of operational excellence and strategic growth. He holds an engineering degree, an MBA, and is a CFA charter holder. Mr. Himanshu Walia , Chief Marketing Officer has also now been elevated as Whole-time Director and designated as a Key Managerial Personnel. Mr. Walia brings over 22 years of rich experience in the insurance sector. He has been an integral part of Star Health Insurance since 2007, serving as the Chief Marketing Officer, and has played a pivotal role in building the company's brand and market presence. Prior to joining Star Health, he held leadership roles at ICICI Lombard and Tata AIG. Mr. Walia holds an MBA in Marketing. The effective date of appointment for both would be the date of approval by IRDAI. These appointments reflect the company's focus on enhancing leadership depth and driving future growth through experienced and visionary professionals. About Star Health and Allied Insurance Star Health and Allied Insurance Co. Ltd. (BSE: 543412) (NSE: STARHEALTH) is a market leader in standalone health insurance in India . The Company commenced operations in 2006 and is India's first Standalone Health Insurance Company. Star Health Insurance provides Health, Personal Accident and Travel Insurance to customer. The Company has grown to emerge as one of the preferred private health insurance Company in India with several pioneering products and services to its credit. With customer-centricity at its core, the Company has superior and innovative product offerings, service capabilities and a seamless claims management process. Star Health offers tailor made products to cater to the needs of customers across cancer, diabetes, cardiac illnesses and senior citizen, women and children specialized suite of health insurance offerings. Star Health is India's first health insurance Company to settle over 1 crore claims. Star Health Insurance has a strong multi-channel distribution network with 913 offices, with 14,000+ network hospitals, over 7,75,000 licensed agents, robust bancassurance and financial institution partners, and 17,000 employees. In FY25, Star Health's gross written premium stood at Rs.17 ,553 Cr with its net worth at Rs.8 ,668 Cr. For more information, visit Logo: View original content: Disclaimer: The above press release comes to you under an arrangement with PR Newswire. Business Upturn takes no editorial responsibility for the same.
Yahoo
13-05-2025
- Business
- Yahoo
Star Health Announces New Board Appointments
CHENNAI, India, May 13, 2025 /PRNewswire/ -- Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India's largest retail health insurance company has announced key appointments and leadership updates, underscoring the company's commitment to strengthening its executive leadership and operational capabilities. Mr. Amitabh Jain, Chief Operating Officer has now been elevated as Whole-time Director and designated as a Key Managerial Personnel. Mr. Jain is a seasoned professional with over 25 years of experience in financial services. He is currently serving as the Chief Operating Officer at Star Health, a position he assumed in 2023. Mr. Jain was a founding member of ICICI Lombard and brings with him a deep understanding of operational excellence and strategic growth. He holds an engineering degree, an MBA, and is a CFA charter holder. Mr. Himanshu Walia, Chief Marketing Officer has also now been elevated as Whole-time Director and designated as a Key Managerial Personnel. Mr. Walia brings over 22 years of rich experience in the insurance sector. He has been an integral part of Star Health Insurance since 2007, serving as the Chief Marketing Officer, and has played a pivotal role in building the company's brand and market presence. Prior to joining Star Health, he held leadership roles at ICICI Lombard and Tata AIG. Mr. Walia holds an MBA in Marketing. The effective date of appointment for both would be the date of approval by IRDAI. These appointments reflect the company's focus on enhancing leadership depth and driving future growth through experienced and visionary professionals. About Star Health and Allied Insurance Star Health and Allied Insurance Co. Ltd. (BSE: 543412) (NSE: STARHEALTH) is a market leader in standalone health insurance in India. The Company commenced operations in 2006 and is India's first Standalone Health Insurance Company. Star Health Insurance provides Health, Personal Accident and Travel Insurance to customer. The Company has grown to emerge as one of the preferred private health insurance Company in India with several pioneering products and services to its credit. With customer-centricity at its core, the Company has superior and innovative product offerings, service capabilities and a seamless claims management process. Star Health offers tailor made products to cater to the needs of customers across cancer, diabetes, cardiac illnesses and senior citizen, women and children specialized suite of health insurance offerings. Star Health is India's first health insurance Company to settle over 1 crore claims. Star Health Insurance has a strong multi-channel distribution network with 913 offices, with 14,000+ network hospitals, over 7,75,000 licensed agents, robust bancassurance and financial institution partners, and 17,000 employees. In FY25, Star Health's gross written premium stood at Rs.17,553 Cr with its net worth at Rs.8,668 Cr. For more information, visit Logo: View original content:
New Indian Express
03-05-2025
- Business
- New Indian Express
Hacker hired Telangana man to courier threats to Star Health Insurance MD
CHENNAI: The case of breach of data of 3.1 crore customers of the Chennai-headquartered Star Health Insurance has taken a fresh turn with its MD Anand Roy, his wife Akhila Shetty Roy and CFO Nilesh Kambli allegedly getting threat messages delivered via courier from Hyderabad. A probe by the TN cyber crime wing has found that the hacker known by his online identity 'Xenzen', who had released the data in public domain in September 2024, had hired a Hyderabad-based youth to send threats to the company's officials in February 2025. The youth, identified as Mohammed Irfan, was found from Telangana and arrested recently by the cyber crime officials under sections of data theft and the IT Act. Xenzen contacted Irfan through a private messenger app with end-to-end encryption, and instructed him to send threat letters and bullets inside tiffin boxes to the company officials, sources said. Multiple such couriers were sent by Irfan under the pseudonym Adithya Sharma, for which he was paid Rs 20,000 by Xenzen. The cyber wing zeroed in on Irfan by tracing the UPI payments and linked mobile number he used for booking couriers, sources added. The cyber crime wing had begun probe after the firm filed a complaint with them in September 2024, alleging that the hacker had threatened to leak all customers' policy and insurance documents in public domain. He also demanded 68,000 USC (cryptocurrency) as ransom. Eventually, Xenzen released the data and alleged the firm's chief information security officer (CISO) was involved in the breach. The CISO was later given a clean chit after an internal audit by the firm.
