General insurance company Tata AIG is optimistic in Telangana and Andhra Pradesh markets to increase its retail health insurance portfolio.
Over the past two years, the company's market share in both states has increased from 2.1% to 3.6% of the segment. Tata AIG General Insurance senior executives have increased it to 5% over the next 18-24 months, recently here, recently here, told Media in the new Medicare Select Select Select Select Plans.
They say rising medical inflation remains one of the factors that continues to grow demand for health insurance.
Head – Accidents and Health Requirements Rudraraju Rajagopal said at the industry level that accounts for 8% of the rupees. The retail health insurance business of all India Rs 4.7 billion originated in Andhra Pradesh and Telangana.
“To drive further growth, we plan to add 15,000 distribution partners. Our focus remains on providing innovative custom solutions that meet the evolving needs of our customers,” said Pratik Gupta’s head.
The company said the new product has no age limit, supports customization and offers propositions such as a lifetime young family discount and a 7.5% salary discount, making it accessible both in the income and lifespan phases.
publishing – May 2, 2025 at 01:28 pm ist
