# Star Health and Allied Insurance Star Health and Allied Insurance is an Insurance based in Chennai, India. ## Overview - **Organization type:** Insurance - **Headquarters:** Chennai, India - **Region:** Asia - **Address:** No. 1, New Tank Street, Valluvarkottam High Road, Nungambakkam, Chennai, Tamil Nadu 600034, India - **Founded:** 2006 - **Assets under management:** Undisclosed - **Website:** www.starhealth.in - **LinkedIn:** https://www.linkedin.com/company/star-health-and-allied-insurance-co--ltd - **Wikidata:** Q7600740 ## Regulatory record - **Reports private funds:** No ## About Star Health Insurance offers flexible insurance policies for securing you and your loved ones. Buy Star Health Insurance policies to get wide coverage, cashless hospitalisation in 14000+ Network Hospitals across India, 24/7 swift customer services, wellness benefits and much more. ## Sectors - Health Insurance ## People - Anand Roy — Managing Director and Chief Executive Officer ## Questions ### Who runs investment decisions at Star Health? Star Health and Allied Insurance operates as an insurance carrier, not an asset manager. Its primary capital deployment is underwriting health insurance policies across India. The company's investment portfolio — the float generated from collected premiums — is managed internally under the oversight of the CEO, Anand Roy, and the board chaired by Rajeev Kher, with allocations governed by the Insurance Regulatory and Development Authority of India. The firm has not publicly disclosed a dedicated CIO or external investment manager. ### How does Star Health source its policyholders? Star Health uses a multi-channel distribution model combining a direct agent network — actively recruited through its website — with digital sales via its own platform and mobile app. It also partners with registered intermediaries. The firm emphasizes cashless access to its 14,000+ network hospitals as a core acquisition and retention tool, rather than relying on bancassurance partnerships that many general-insurance competitors use. ### Is Star Health structured as a pure health insurer or a general insurance company? Star Health is a pure health insurer, or monoline carrier. Unlike most Indian general insurers — which sell motor, property, and travel coverage alongside health policies — Star Health's product suite is focused entirely on medical insurance for individuals, families, seniors, corporates, and specific chronic conditions. This specialist structure means its underwriting discipline and capital reserves face no diversification benefit from other insurance verticals. ### What is Star Health's claims-processing model? Claims are processed entirely in-house, a deliberate structural departure from the common Indian practice of outsourcing claims administration to third-party administrators. Star Health provides cashless settlement at over 14,000 empaneled hospitals, with 24/7 customer support. Policyholders can also file for reimbursement if they pay out of pocket, with submission available online, via the app, or through the call center. ### Which segment of policyholders does Star Health explicitly target? The firm targets four retail segments — individuals, families, senior citizens, and corporate employees — and also underwrites specialized policies for people with diabetes, heart disease, and cancer. It covers children with special needs. There is no deductible or group-only focus; the strategy is mass-retail health insurance with chronic-condition add-ons as a differentiator. ### Who are the controlling shareholders behind Star Health? The promoter entity is Safecrop Holdings Private Limited, a consortium that includes WestBridge Capital and Madison Capital. The late investor Rakesh Jhunjhunwala was a key early promoter and shareholder before his death. The remaining equity is publicly traded, making Star Health a listed specialist health insurer controlled by a mix of institutional investors and public shareholders rather than a single-family group. ## Related profiles - [StarGush Capital](https://altss.com/profile/stargush-capital) - [Starke Police Officers' Retirement System](https://altss.com/profile/starke-police-officers-retirement-system) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/star-health-and-allied-insurance Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology