Insurance

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Aditya Birla Health Insurance

Aditya Birla Health Insurance was established in 2015 as a subsidiary of Aditya Birla Capital Ltd. The entity functions through a joint venture structure...

Aditya Birla Health Insurance logo

Aditya Birla Health Insurance

Aditya Birla Health Insurance was established in 2015 as a subsidiary of Aditya Birla Capital Ltd. The entity functions through a joint venture structure involving the Aditya Birla Group and Momentum Metropolitan Holdings of South Africa. The insurer provides health insurance products with emphasis on chronic care management and incentivized wellness programs. Geographic reach covers India through its branch network. Abu Dhabi Investment Authority holds a minority stake via a wholly owned subsidiary. Mayank Bathwal serves as CEO and Whole-Time Director. Vishakha Mulye sits on the board in her capacity as CEO of Aditya Birla Capital. The firm participates in industry groups including the FICCI Health Insurance Committee and NATHEALTH. Aditya Birla Capital Foundation and the Aditya Birla Centre for Community Initiatives and Rural Development represent the group's separate philanthropic vehicles.

General information

Firm type

Insurance

Year founded

2015

Location

Region

Asia

Country

India

City

Mumbai

Corporate office

9th Floor, Tower 1, One World Centre, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013, India

Principals

Mayank Bathwal

Chief Executive Officer and Whole-Time Director

Vishakha Mulye

Director

Sector focus

Healthcare Services

Frequently asked questions

Who runs investment decisions at Aditya Birla Health Insurance?

Mayank Bathwal serves as Chief Executive Officer and Whole-Time Director. Vishakha Mulye participates as a director in her role at the parent Aditya Birla Capital.

How is Aditya Birla Health Insurance structured relative to its parent?

It operates as a joint venture subsidiary of Aditya Birla Capital Ltd. Ownership includes a 45.89 percent stake by Aditya Birla Capital, 44.08 percent by Momentum Metropolitan Holdings, and 9.99 percent by Abu Dhabi Investment Authority.

What products does Aditya Birla Health Insurance offer?

The firm focuses on health insurance products that include chronic care coverage and incentivized wellness features.

Where does Aditya Birla Health Insurance maintain operations?

Headquarters sit in Mumbai with a pan-India branch network.

Which industry associations does the firm engage?

Mayank Bathwal co-chairs the FICCI Health Insurance Committee. The firm holds membership in NATHEALTH and participates in CII and IAMAI committees.

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