Travel insurance is a natural fit for a health insurer such as Max Bupa, as a significant share (60 per cent) of the claims in such products the world over comes for health reasons, Dr Marmion pointed out. Max Bupa is looking to offer only an international travel insurance product and not one for domestic travel. It will sell its travel insurance online, he said.
Max Bupa, which started with an initial capital of Rs 150 crore, now has paid-up capital of about Rs 350 crore. There are plans to ramp this up to Rs 700 crore in the next few years. This standalone health insurer has so far covered 2,30,000 lives and is aiming to achieve 2 million lives by end December 2014.
0 comments:
Post a Comment