Max Bupa named health insurer of the year
Mon, 11 Jun 2012 01:06:24 -0600
India Insurance Award seeks to recognise companies that have pushed the boundaries of excellence
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 organised and attended by the industry leaders in Mumbai.
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.
“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,” said Damien Marmion, chief executive of Max Bupa.
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 recognise companies that have pushed the boundaries of excellence, rising above the competition and have demonstrated outstanding performance.
The 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.
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