News

New Delhi, June 8, 2012: Max Bupa, a specialist health insurance company, has won top honours at the Indian Insurance Awards 2012.

08 JUn 2012

​New Delhi, June 8, 2012: Max Bupa, a specialist health insurance company, has won top honours at the Indian Insurance Awards 2012.

Max Bupa Declared Health Insurance Company of the Year at Indian Insurance Awards 2012

  • Also, honoured with Excellence in Growth Award 2012 making it a double win for Max Bupa.
  • Awards in recognition of Max Bupa’s innovation in products, services and customer centricity and growth during the year.

New Delhi, June 8, 2012: Max Bupa, a specialist health insurance company, has won top honours at the Indian Insurance Awards 2012. Max Bupa was named the Health Insurance Company of the Year and also recognized for Excellence in Growth in the Health Insurance category for its exemplary service, phenomenal growth and exceptional product innovation. The awards were presented at a special ceremony organized and attended by the industry leaders in Mumbai yesterday.

Max Bupa also received a special mention for its innovative and pioneering offering Health Companion Health Insurance Plan. Health Companion is an individual and family oriented health insurance cover which is simple to buy and easy to understand. In addition to comprehensive health insurance cover to suit customer needs, this plan helps them to care for their health proactively over time.

On receiving the award, Dr. Damien Marmion, Chief Executive, Max Bupa said “It is a moment of great pride for us at Max Bupa to be recognized for our commitment to offer the best in health insurance to Indian customers. This is a great achievement for a team as young as ours and will motivate us to raise the bar further and move closer to our vision of becoming the most admired Health Insurance Company in the country.”

Max Bupa’s Heartbeat Family First won the Best Product Innovation Award for 2011 at the India Insurance Awards last year.

India Insurance Award seeks to recognize companies that have pushed the boundaries of excellence, rising above the competition and have demonstrated outstanding performance. he jury comprised of an esteemed panel from the Indian insurance industry including S B Mathur, Secretary General, Life Insurance Council, R Chandrasekaran, Secretary General, General Insurance Council and Vepa Kamesam, Managing Director, Institute of Insurance and Risk Management. The jury conducted detailed research and assessment on market performance of the qualifying companies.

Max Bupa brings together a combination of Bupa’s global health insurance and customer service expertise with Max India’s understanding and experience of the Indian health and insurance sectors.

“We have been growing at a rapid pace. Our customer base has already crossed 2, 50, 000. Our product portfolio is expanding and now has six products. We are present wherever our customers are, through our vast sales and hospital provider network. It is heartening to witness that many of the industry firsts that we introduced at the time of our launch like any age enrolment are now being advocated by the IRDA to be followed as an industry practice,” added Damien.

Note to the editor:

About Max Bupa Health Insurance
Max Bupa Health Insurance is a 74:26 joint venture between Max India Limited, a multi-business corporate with expertise in life insurance and health care and Bupa, a leading international healthcare provider with 65 years of healthcare knowledge. Max Bupa brings together a combination of Bupa’s global health insurance expertise and customer service expertise with Max India’s understanding and experience of the Indian health and insurance sectors. Max Bupa offers quality health insurance services through a dedicated team of over 850 people and its network of offices across eleven cities - Delhi, Mumbai, Hyderabad, Chennai, Bangalore, Pune, Ludhiana, Jaipur, Surat, Kochi and Kolkata. Max Bupa offers individual and family oriented health insurance policies for Indians across all age groups. Through its philosophy of “Your Health First” Max Bupa’s mission is to help customer’s live healthier and more successful lives.

Strong Network of over 1200 hospitals
Max Bupa Health Insurance has a direct working relationship with a network over 1200 top quality hospitals and healthcare providers and at the same time the company plans to extend its network of hospitals to other parts of the country. Max Bupa at present services customers directly without third party involvement, through an in-house team of relationship managers and also has a 24/7 health line for easy and friendly access to health advice. For more details about the company and a list of all our network hospitals please visit www.maxbupa.com

About Max India
Max India Group is a multi-business corporate, driven by the spirit of enterprise and focused on people and service oriented businesses. The Company is headquartered in New Delhi, India. Max India is in the ‘Business of Life’ with its vision to be one of India’s most admired corporates for Service Excellence. It ‘Protects Life’ through its Life Insurance subsidiary Max New York Life; ‘Cares for Life’ through its Healthcare company, Max Healthcare, a joint venture between Max India and Life Healthcare, South Africa; ‘Enhances Life’ through its Health Insurance company, Max Bupa Health Insurance, a joint venture between Max India and Bupa Finance Plc., UK; and ‘Improves Life’ through its Clinical Research business, Max Neeman, a fully owned subsidiary of Max India. Max India has charted its next phase of growth, by recently entering the Seniors Living Business through its fully owned subsidiary, Antara. From its past, Max India continues its interest in manufacture of Speciality Products for the packaging industry.

For the Financial Year 2012, Max India Group recorded a consolidated turnover of nearly Rs. 86 billion. The Group’s businesses have built commanding presence in their respective sector through a total customer base of nearly 5.1 million, over 500 offices spread across India and a people strength of 57,000 persons as on 31st March 2012.

The flagship company Max India Limited is a widely held public ltd company and is listed on the BSE and the NSE. The company is led by Analjit Singh who holds 37% stake and has as its shareholders, some of world’s best Institutional Investors such as Goldman Sachs, Fidelity, IFC, First State and Temasek.

About Bupa: 65 years of Health and Care
Bupa’s purpose is to help people lead longer, healthier, happier lives. Established in 1947, it has over 11.2 million customers in more than 190 countries. Employing over 52,000 people, Bupa has operations around the world, principally in the UK, Australia, Spain, New Zealand and the USA, as well as Hong Kong, Thailand, Saudi Arabia, India, China and across Latin America. A leading international healthcare group, Bupa offers personal and company health insurance, runs care homes for older people and hospitals, and provides workplace health services, health assessments and chronic disease management services, including health coaching, and home healthcare. With no shareholders, Bupa invests its profits to provide more and better healthcare and is committed to making quality, patient-centered, affordable healthcare more accessible in the areas of wellness, chronic disease management and ageing.