Star Health and Allied Insurance Company LtdBOM 543412 Stock Report

Star Health & Allied Insurance Co. Ltd. engages in the provision of health insurance services. The company is headquartered in Chennai, Tamil Nadu and currently employs 14,750 full-time employees. The company went IPO on 2021-12-10. The firm provides health insurance products to individuals, families and corporates, directly and through various channels, such as agents, brokers, online and digital channels like Web aggregators, fintech and others. The company also provides bancassurance products. Its product categories include retail health, group health, personal accident and travel insurance. The firm's retail products include family health optima insurance plan, star comprehensive insurance policy, medi classic insurance policy (individual) and senior citizens red carpet health insurance policy. Its retail products are offered to individuals, families, students, elderly individuals and those with prior medical conditions, within the broad middle market segment. Its group health products provide coverage for corporate employees. The company has around 835 branch offices spread across 25 states and five union territories in India.