Max Bupa opens four branches in Telangana
MAX Bupa, health insurance company, announced on Tuesday that it would strengthen its presence in Telangana by opening four new branches – two in Hyderabad, one each in Warangal and Nizamabad.
image for illustrative purpose
Hyderabad: MAX Bupa, health insurance company, announced on Tuesday that it would strengthen its presence in Telangana by opening four new branches – two in Hyderabad, one each in Warangal and Nizamabad.
Addressing media persons in Hyderabad today, Krishnan Ramachandran, Managing Director and Chief Executive Officer, Max Bupa, said, "The insurance company aims to provide health coverage to over 3.5 lakh people in the next five years in the State."
"The customers can avail cashless hospitalisation through 300 network hospitals in the State and 6,000 plus hospitals across the country. Our target is to clock Rs 240 crore gross written premium and 20 times growth in policy purchase from the new branches in next five years," he said.
The company has a 37 per cent growth in FY21 with a 1,700 crore gross premium sales. Over all 28 lakh customers avails their products and have a 91 per cent claim settlement ratio.
