Religare Health Insurance rebranded as Care Health Insurance

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Religare Health Insurance rebranded as Care Health Insurance
Religare Health Insurance rebranded as Care Health Insurance

Religare Well being Insurance coverage rebranded as Care Well being Insurance coverage

 However, no timeline was announced regarding the initial public offer (IPO).Nevertheless, no timeline was introduced relating to the preliminary public supply (IPO).

Standalone medical health insurance firm Religare Well being Insurance coverage will likely be now rebranded as Care Well being Insurance coverage. In response to the corporate, the rebranding is geared toward additional constructing on alternatives to ship the absolute best ‘care’ to its shoppers.

Anuj Gulati, founding managing director & CEO, Care Well being Insurance coverage, stated, “We want to reassure all workers, companions and stakeholders that our organisation stays the identical. Be it the founding administration crew, our bouquet of value-for-money merchandise or the technology-driven servicing capabilities, every thing is identical — besides the identify. Moreover, all features vis-à-vis buyer insurance policies such because the coverage quantity, well being card, cashless community, buyer care particulars in addition to claims and renewal processes, are unchanged.”

Medical health insurance corporations are witnessing demand for well being merchandise, largely as a result of present pandemic. Officers of the corporate additionally stated that they might be trying to go public going ahead. Nevertheless, no timeline was introduced relating to the preliminary public supply (IPO).

Information from Insurance coverage Regulatory and Growth Authority of India (Irdai) exhibits that Religare Well being Insurance coverage has seen first 12 months premium at Rs 713.12 crore within the present monetary 12 months until July.

Elaborating on the rationale for its rebranding, Rashmi Saluja, govt chairperson, Religare Enterprises, stated, ‘Care’ has been the guideline for all our customer-centric initiatives in product design, claims administration, expertise growth and customer support. “Contemplating these elements, it made immense sense to transition to the brand new identification — Care Well being Insurance coverage — that actually represents what we do greatest as a company — Care,” added Saluja.

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