Care Health Insurance: Difference between revisions

What links here Related changes Page information Get shortened URL
Created by 122.187.37.190
Last edited August 14, 2023
Newer edit →
VisualWikitext
No edit summary
 
Line 1: Line 1:
{{Short description|Indian financial services company}}
{{Use Indian English|date=May 2021}}  
{{Use Indian English|date=May 2021}}  
{{Use dmy dates|date=May 2021}}  
{{Use dmy dates|date=May 2021}}  
Line 7: Line 8:
| industry = [[Financial services]]
| industry = [[Financial services]]
| founded = {{Start date and age|1984}}  
| founded = {{Start date and age|1984}}  
| key_people = Dr.Rashmi Saluja (Non-Executive Chairperson) <br> Anuj Gulati (MD & CEO)  
| key_people = Dr. Rashmi Saluja (Non-Executive Chairperson) <br> Anuj Gulati (MD & CEO)  
| hq_location_city = [[Gurgaon]], [[Haryana]], India  
| hq_location_city = [[Gurgaon]], [[Haryana]], India  
| area_served = [[India]]
| area_served = [[India]]
| services = [[Health insurance]]<br>[[Travel insurance]]<br>[[Accident insurance]]<br>Corporate insurance  
| services = {{Plain list|
* [[Health insurance]]
* [[Travel insurance]]
* [[Accident insurance]]
* Corporate insurance
}}
| num_employees = 6,000+
| num_employees = 6,000+
| parent = [[Religare]]  
| parent = [[Religare]]  
Line 16: Line 22:
}}
}}


'''Care Health Insurance''' (formerly '''Religare Health Insurance Company Limited''')<ref>{{Cite web|url=https://www.business-standard.com/article/companies/religare-enterprises-renamed-insurance-arm-as-care-health-insurance-120082001554_1.html|title=Religare Enterprises renamed insurance arm as Care Health Insurance|website=www.business-standard.com|access-date=2020-08-20}}</ref><ref>{{Cite web|url=https://brandequity.economictimes.indiatimes.com/news/marketing/religare-health-insurance-rebrands-as-care-health-insurance/77869972|title=Religare Health Insurance rebrands as Care Health Insurance|website=www.brandequity.economictimes.indiatimes.com|access-date=2020-09-01}}</ref><ref>{{Cite web|url=https://www.financialexpress.com/money/insurance/religare-health-insurance-rebranded-as-care-health-insurance/2071871/|title=Religare Health Insurance rebranded as Care Health Insurance|website=www.financialexpress.com|access-date=2020-09-02}}</ref><ref>{{Cite web|url=https://mediasamosa.com/2020/09/02/care-health-insurance-rebranding/|title=Religare Health Insurance rebrands as Care Health Insurance|website=www.mediasamosa.com|access-date=2020-09-02}}</ref> is part of the Religare Group and a direct subsidiary of [[Religare|Religare Enterprises Limited (REL)]].<ref>{{Cite web|url=https://www.religare.com/About-Religare.aspx|title=Religare Enterprises Limited|last=|first=|date=|website=|url-status=live|archive-url=|archive-date=|access-date=}}</ref> Kedaara Captial is a co-promoter of the Company.<ref>{{Cite web|url=https://www.livemint.com/news/india/pe-firm-kedaara-capital-invests-rs567-3-crore-in-religare-health-insurance-11591184943029.html|title=PE firm Kedaara Capital invests Rs567.3 crore in Religare Health Insurance|website=www.livemint.com/|access-date=2020-06-03}}</ref> Care Health Insurance is an Indian [[health insurance]] company established in July 1984. The company is headquartered in [[Gurgaon]], [[Haryana]] and operates out of 146 offices across [[India]] with 6000+ employees. It currently offers products in the retail segment for [[Health insurance|Health Insurance]], [[critical illness insurance]], Personal [[Accident insurance|Accident Insurance]], Super Top-up Coverage, International [[Travel insurance|Travel Insurance]] and Maternity along with Group Health Insurance and Group Personal Accident Insurance for corporates.
'''Care Health Insurance''' (formerly '''Religare Health Insurance Company Limited''')<ref>{{Cite web|url=https://www.business-standard.com/article/companies/religare-enterprises-renamed-insurance-arm-as-care-health-insurance-120082001554_1.html|title=Religare Enterprises renamed insurance arm as Care Health Insurance|website=www.business-standard.com|access-date=2020-08-20}}</ref><ref>{{Cite web|url=https://brandequity.economictimes.indiatimes.com/news/marketing/religare-health-insurance-rebrands-as-care-health-insurance/77869972|title=Religare Health Insurance rebrands as Care Health Insurance|website=www.brandequity.economictimes.indiatimes.com|access-date=2020-09-01}}</ref><ref>{{Cite web|url=https://www.financialexpress.com/money/insurance/religare-health-insurance-rebranded-as-care-health-insurance/2071871/|title=Religare Health Insurance rebranded as Care Health Insurance|website=www.financialexpress.com|access-date=2020-09-02}}</ref><ref>{{Cite web|url=https://mediasamosa.com/2020/09/02/care-health-insurance-rebranding/|title=Religare Health Insurance rebrands as Care Health Insurance|website=www.mediasamosa.com|access-date=2020-09-02}}</ref> is part of the Religare Group and a direct subsidiary of [[Religare|Religare Enterprises Limited (REL)]].<ref>{{Cite web|url=https://www.religare.com/About-Religare.aspx|title=Religare Enterprises Limited|last=|first=|date=|website=|url-status=live|archive-url=|archive-date=|access-date=}}</ref> Kedaara Capital is a co-promoter of the company.<ref>{{Cite web|url=https://www.livemint.com/news/india/pe-firm-kedaara-capital-invests-rs567-3-crore-in-religare-health-insurance-11591184943029.html|title=PE firm Kedaara Capital invests Rs567.3 crore in Religare Health Insurance|website=www.livemint.com/|access-date=2020-06-03}}</ref> Care Health Insurance is an Indian [[health insurance]] company established in July 1984. The company is headquartered in [[Gurgaon]], [[Haryana]] and operates out of 146 offices across [[India]] with 6000+ employees. It currently offers products in the retail segment for [[Health insurance|Health Insurance]], [[critical illness insurance]], Personal [[Accident insurance|Accident Insurance]], Super Top-up Coverage, International [[Travel insurance|Travel Insurance]] and Maternity along with Group Health Insurance and Group Personal Accident Insurance for corporates.


Dr.Rashmi Saluja is the Non-Executive Chairperson and Mr.Anuj Gulati is Managing Director & CEO.
Dr.Rashmi Saluja is the Non-Executive Chairperson and Mr.Anuj Gulati is Managing Director & CEO.<ref>{{Cite web|url=https://www.businesstoday.in/moneytoday/insurance/religare-health-insurance-ceo-on-new-projects-and-more/story/190092.html | title=Religare Health Insurance CEO on the group's new projects and more|website=@Business Today|access-date=2019-02-11}}</ref>
<ref>{{Cite web|url=https://www.businesstoday.in/moneytoday/insurance/religare-health-insurance-ceo-on-new-projects-and-more/story/190092.html | title=Religare Health Insurance CEO on the group's new projects and more|website=@Business Today|access-date=2019-02-11}}</ref>


==History==
==History==
Care Health Insurance (Formerly Religare Health Insurance) has been a subsidiary of [[Religare|Religare Enterprise]].<ref>{{cite web|url=https://www.religare.com/Health-Insurance.aspx|title=Religare Enterprises Limited|last=|first=|date=|website=|url-status=live|archive-url=|archive-date=|access-date=|ref=https://en.wikipedia.org/wiki/Religare}}</ref> It got its [[Insurance Regulatory and Development Authority|IRDA]] approval in July 2017 and has been among the five private sector insurers to underwrite policies exclusively in health, personal accident and travel insurance segments.<ref>{{Cite web|url=http://www.forbesindia.com/article/special/malvinder-and-shivinder-singh-exit-religare-health-insurance/46623/1|title=Malvinder and Shivinder Singh exit Religare Health Insurance {{!}} Forbes India|website=Forbes India|language=en-US|access-date=2017-08-10}}</ref>
Care Health Insurance (Formerly Religare Health Insurance) has been a subsidiary of [[Religare|Religare Enterprise]].<ref>{{cite web|url=https://www.religare.com/Health-Insurance.aspx|title=Religare Enterprises Limited|last=|first=|date=|website=|url-status=live|archive-url=|archive-date=|access-date=|ref=https://en.wikipedia.org/wiki/Religare}}</ref> It got its [[Insurance Regulatory and Development Authority|IRDA]] approval in July 2017 and has been among the five private sector insurers to underwrite policies exclusively in health, personal accident and travel insurance segments.<ref>{{Cite web|url=http://www.forbesindia.com/article/special/malvinder-and-shivinder-singh-exit-religare-health-insurance/46623/1|title=Malvinder and Shivinder Singh exit Religare Health Insurance {{!}} Forbes India|website=Forbes India|language=en-US|access-date=2017-08-10}}</ref>


In 2019, Religare Health Insurance had a claims settlement ratio of 92.58% <ref>{{Cite web|url= https://www.moneycontrol.com/news/business/companies/highest-claims-settlement-record-is-your-insurer-on-this-list-4827211.html | title=Claim Settlement Ratio | access-date=2020-01-17}}</ref> for the 2019 fiscal year.
In 2021, Religare Health Insurance had a claims settlement ratio of 95.2%<ref>{{Cite web|url= https://www.moneycontrol.com/news/business/companies/highest-claims-settlement-record-is-your-insurer-on-this-list-4827211.html | title=Claim Settlement Ratio | access-date=2020-01-17}}</ref> for the 2021 fiscal year.


== Products ==
== Products ==
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.
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.


==Awards and Recognitions ==
==Awards and recognition ==
Care Health Insurance has been adjudged the ‘Best Health Insurance Company’ once at the ABP News- BFSI Awards 2017 <ref>{{Cite web|url=https://worldbfsicongress.org/abp-presents-bfsi-award-winners-2015.html | title=ABP PRESENTS BFSI AWARD WINNERS 2015
Care Health Insurance was adjudged the "Best Health Insurance Company" at the ABP News-BFSI Awards 2017<ref>{{Cite web|url=https://worldbfsicongress.org/abp-presents-bfsi-award-winners-2015.html | title=ABP PRESENTS BFSI AWARD WINNERS 2015
|website=@World BFSI Congress|access-date=2021-01-11}}</ref> and again at the Emerging Asia Insurance Awards, 2019 <ref>{{Cite web|url=https://www.facebook.com/233128067352182/posts/religare-health-insurance-wins-the-best-health-insurance-company-of-the-year-awa/340287883302866/ | title=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! |access-date=2019-06-19}}</ref> & ‘Best Claims Service Provider of the Year’ – Insurance India Summit & Awards 2018.<ref>{{Cite web|url=https://www.bimabazaar.com/3rd-annual-insurance-india-summit-awards-2018-3|title=3rd Annual Insurance India Summit & Awards 2018|website=@Bimabazar|language=en|access-date=2018-09-11}}</ref> 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.<ref>{{Cite web|url=http://www.ficcihealthawards.com/past-winners.php | title=FICCI health Awards}}</ref><ref>{{Cite web|url=https://www.insurancedekho.com/health-insurance/news/religare-bags-health-insurance-products-award-at-the-ficci-healthcare-excellence-awards-2019-139 | title=Religare Bags Health Insurance Products Award at The FICCI Healthcare Excellence Awards 2019 |access-date=2019-09-03}}</ref>
|website=@World BFSI Congress|access-date=2021-01-11}}</ref> and again at the Emerging Asia Insurance Awards, 2019<ref>{{Cite web|url=https://www.facebook.com/233128067352182/posts/religare-health-insurance-wins-the-best-health-insurance-company-of-the-year-awa/340287883302866/ | title=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! |access-date=2019-06-19}}</ref> and "Best Claims Service Provider of the Year" at the Insurance India Summit & Awards 2018.<ref>{{Cite web|url=https://www.bimabazaar.com/3rd-annual-insurance-india-summit-awards-2018-3|title=3rd Annual Insurance India Summit & Awards 2018|website=@Bimabazar|language=en|access-date=2018-09-11}}</ref> 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.<ref>{{Cite web|url=http://www.ficcihealthawards.com/past-winners.php | title=FICCI health Awards}}</ref><ref>{{Cite web|url=https://www.insurancedekho.com/health-insurance/news/religare-bags-health-insurance-products-award-at-the-ficci-healthcare-excellence-awards-2019-139 | title=Religare Bags Health Insurance Products Award at The FICCI Healthcare Excellence Awards 2019 |access-date=2019-09-03}}</ref>


== See also ==
== See also ==
{{Portal|India|Companies}}
{{Portal|India|Companies}}
* [[Health insurance in India ]]
* [[Insurance in India]]  
* [[Insurance in India]]  
* [[Health insurance in India]]
* [[Religare|Religare Enterprise]]
* [[Religare|Religare Enterprise]]


Line 48: Line 53:
{{Insurance in India}}
{{Insurance in India}}


[[Category:Financial services companies established in 1984]]
[[Category:Health care companies established in 1984]]
[[Category:Health insurance companies of India]]
[[Category:Health insurance companies of India]]
[[Category:Health insurance companies| India]]
[[Category:Health insurance companies| India]]
[[Category:Indian companies established in 1984]]
[[Category:Insurance companies of India]]
[[Category:Insurance companies of India]]
[[Category:Health care companies established in 1984]]
[[Category:Indian companies established in 1984]]
[[Category:Financial services companies established in 1984]]

Revision as of 11:25, 25 August 2021


Care Health Insurance Limited
IndustryFinancial services
Founded1984; 42 years ago (1984)
Headquarters
Gurgaon, Haryana, India
Area served
India
Key people
Dr. Rashmi Saluja (Non-Executive Chairperson)
Anuj Gulati (MD & CEO)
Services
Number of employees
6,000+
ParentReligare
Websitecareinsurance.com

Care Health Insurance (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 1984. The company is headquartered in Gurgaon, Haryana and operates out of 146 offices across India with 6000+ 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.

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

History

Care Health Insurance (Formerly Religare Health Insurance) has been a subsidiary of Religare Enterprise.[8] It got its IRDA approval in July 2017 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

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.

Awards and recognition

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

References

  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".{{cite web}}: CS1 maint: url-status (link)
  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". {{cite web}}: External link in |ref= (help)CS1 maint: url-status (link)
  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

Template:Major insurance companies

Retrieved from "https://en.bharatpedia.org/w/index.php?title=Care_Health_Insurance&oldid=162372"
Discover more