Star Health and Allied Insurance
Industry | Assurance |
---|---|
Founded | 2006 |
Headquarters | Chennai, Tamil Nadu, India |
Key people | B. S. Abdur Rahman (founder) |
Products | Health Insurance Accident Care Insurance Travel Insurance |
Website | Star Health and Allied Insurance |
Star Health and Allied Insurance Co Ltd is a joint venture between Oman Insurance Company UAE, Leading NRIs and an Indian company being a special purpose vehicle formed by a group of business tycoons.
M/s. ICICI Ventures and M/s. Sequoia Capital have also invested in the Company.[1]
In February 2013, Tata Capital invested in Star Health Insurance[2] thereby increasing the company`s total capital base to 5.49 billion (US$87 million).
In April 2013,Star Health Insurance became the first Insurance company to launch a specialty policy for people suffering from Cardiac ailments, Star Cardiac care the one of its kind policy for persons who had undergone Heart Surgeries(Angioplasty and ByPass).[3]
References
- ↑ http://www.business-standard.com/article/companies/sequoia-icici-venture-invest-rs-50-crore-in-star-health-112010900035_1.html
- ↑ http://articles.economictimes.indiatimes.com/2013-02-14/news/37100118_1_private-equity-deal-opportunities-star-health-insurance
- ↑ The Hindu : Business / Industry :Star Health rolls out insurance cover for cardiac patients
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