Star Health Launches WhatsApp Services to

 Star Health Launches WhatsApp Services to Provide 

Easy Policy and Claims Access To Customers

 

With an aim to provide hassle free services to its customers, Star Health and Allied Insurance, India’s first standalone health insurance company, has today, announced the launch of WhatsApp services for its customers.

 

Through the social media application, Star Health customers can avail end-to-end service i.e. from purchase of policy to claims with just a few clicks through WhatsApp. Customers need only send the message, “Hi” from their WhatsApp number to +91 95976 52225, the Star Health WhatsApp service to quickly avail a policy, file a cashless claim or download policy documents at their convenience and with ease.

 

The WhatsApp messaging platform’s encryption ensure information received and shared with the customer remains secure and confidential.

 

The company's presence on WhatsApp is part of its 360 degree support initiative, allowing its customers to interact with it via multiple channels.

 

Speaking about the newly launched 360 degree service initiative on the digital platform, Mr. Anand Roy, Managing Director, Star Health and Allied Insurance said, “At Star Health we strive to reinvent our customer’s experience when it comes to insurance-related claims and reimbursements. As customers are constantly evolving, using technology platforms we aim to get closer to them. WhatsApp enjoys humongous popularity and reach in India, hence we believe it is an ideal platform that would not just help us service our customers better but also better our engagement with them. We believe this would enable us to stay connected with our policyholders anytime and anywhere, especially when they need us the most”.

 

In addition to WhatsApp messaging, Star Health customers can continue to reach out to the insurer via the company’s Chat assistant -Twinkle, customer care numbers, agents, official website, branch offices and the Star Power App, thus providing a wholesome solution for all customers to easily avail required services through a channel of their choice. 

Star Health and Allied Insurance Company Limited files

 Star Health and Allied Insurance Company Limited 

files DRHP with SEBI for its IPO

 DRHP Link: https://www.investmentbank.kotak.com/downloads/star-health-and-allied-insurance-company-limited-DRHP.pdf

Star Health and Allied Insurance Company Limited (‘SHAICL’ or the ‘Company’), the largest private health insurer in India with a market share of 15.8% in the Indian health insurance market in Fiscal 2021, according to CRISIL Research, filed its Draft Red Herring Prospectus (DRHP) with the market regulator SEBI for its Initial Public Offering (IPO).

The Initial Public Offering comprises of equity shares of face value of ₹10 each (“Equity Shares”) of Star Health and Allied Insurance Company Limited comprising a fresh issue aggregating up to ₹20,000 million (the “Fresh Issue”) and an offer for sale of up to 60,104,677 equity shares, including up to 30,683,553 equity shares by Safecrop Investments India LLP (“Promoter Selling Shareholder”), up to 137,816 equity shares by Konark Trust, up to 9,518 equity shares by MMPL Trust (“Promoter Group Selling Shareholders”) up to 7,680,371 equity shares by Apis Growth 6 Limited, up to 4,110,652 equity shares by Mio IV Star, up to 7,438,564 equity shares by University of Notre Dame Du Lac, up to 4,110,652 equity shares by Mio Star, up to 2,509,099 equity shares by ROC Capital Pty Limited, up to 1,476,140 equity shares by Venkatasamy Jagannathan, up to 1,804,312 equity shares by Sai Satish and up to 144,000 equity shares by Berjis Minoo Desai (collectively, the “Other Selling Shareholders”). The offer includes a reservation for subscription by eligible employees (“Employee Reservation Portion”).

The Net Proceeds from the Fresh Issue are proposed to be utilized augmentation of the Company’s capital base.

 Kotak Mahindra Capital Company Limited, Axis Capital Limited, BofA Securities India Limited, Citigroup Global Markets India Private Limited and ICICI Securities Limited are the Global Co-Coordinators and Book Running Lead Managers to the Issue.

CLSA India Private Limited, Credit Suisse Securities (India) Private Limited and Jefferies India Private Limited are the Book Running Lead Managers to the Issue.

Ambit Private Limited, DAM Capital Advisors Limited (Formerly IDFC Securities Limited) and IIFL Securities Limited are the Co-book Running Lead Managers to the issue.

Star Health and Allied Insurance announces

Star Health and Allied Insurance announces Bancassurance tie-up with Karur Vysya Bank to provide Health Insurance to customer

~KVB will make available health insurance products of Star Health across all its branches~

Health is a concern across the world, now particularly so with the COVID – 19 pandemic playing havoc with millions of lives globally. Star Health and Allied Insurance, the leading standalone health insurance company in India, has entered into a strategic partnership with Karur Vysya Bank to offer innovative health insurance solutions to the Bank’s Customers.

Through this tie up, all Customers of Karur Vysya Bank will have access not only to digitally purchase appropriate Health Insurance Plans of Star Health and Allied Insurance but also access all the value added services such as “STAR WELLNESS” and Tele Health Consultation through “TALK TO STAR”.

Customers of the Bank can also purchase through the IRDAI certified and trained Specified Persons appointed by the Bank across its entire Branch network in the Country.

Speaking of the tie up, Anand Roy, Managing Director, Star Health and Allied Insurance Co. Ltd said “The Covid 19 pandemic has brought to the fore the need for a health insurance cover for all. We are happy to tie up with Karur Vysya Bank and offer a wide variety of need based health insurance policies for the bank’s customers.”

Mr. J. Natarajan, President & Chief Officiating Officer, Karur Vysya Bank said, “Karur Vysya Bank is happy to partner with Star Health & Allied Insurance.  As the first standalone health insurance company in India, they bring a lot of value with their products.  We are sure that they will provide both cost effective insurance products and quick settlement of claims to our customers.”

Star Health and Allied Insurance Email ID: suryakanth.s@starhealth.in Mobile No: 9789044995

Star Health donates 1.5 lakh facemasks for Chennai City

Star Health donates 1.5 lakh face masks for Chennai City police during Covid-19 pandemic

In its effort to help the Chennai police personnel stay safe during the Covid 19 outbreak, Star Health and Allied Insurance Company Ltd., India’s leading standalone health insurance company, donated 1.5 Lakh 3 ply disposable face masks to Dr. A. K. Viswanathan, the Commissioner of Police of Chennai City. With this move, Star Health Insurance is glad for the opportunity to serve the society. These face masks will be distributed internally amongst the police officers who are on duty and are deployed across the state.

The Chennai City Police have deployed over 20,000 personnel for the imposition of the lockdown and ensuring that social distancing norms are being met. While they are on duty, these protective masks will go a long way in helping these heroes to stay protected.

Speaking on the occasion Dr. S. Prakash, Managing Director, Star Health and Allied Insurance Co. Ltd. said, “Our Police force is doing a tremendous job we are grateful for the services rendered by the Police Department and as a small token of our gratitude we want to offer these masks which can help them to stay protected. The Police are working tirelessly at par with the health workers in the war against the deadly Covid 19. We thank them for their management and their assistance while being away from their families and taking care of us. We hope these masks will help them keep themselves safe in these trying times. We are glad to offer protection for those who are protecting our country and its people.”

The leading standalone health insurer believes that the war against the deadly corona virus can be led to victory by rendering all our support and cooperation to the government.