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Star Health Insurance Wins Runner-Up Award at ASSOCHAM Insurance Awards 2024

The Business Guardian

|

December 24, 2024

Star Health and Allied Insurance Company Limited (BSE: 543412) (NSE: STARHEALTH), India's largest standalone health insurer, has achieved remarkable recognition at the ASSOCHAM 16th Global Insurance Summit & Awards 2024, securing the Runner-Up position for "Most Effective Insurance Penetration."

- The Health Insurance Specialist

Star Health Insurance Wins Runner-Up Award at ASSOCHAM Insurance Awards 2024

This prestigious accolade underscores the company's transformative impact in democratizing health insurance across India.

"This recognition from ASSOCHAM validates our mission to make affordable health insurance available to every Indian," said Anand Roy, MD & CEO at Star Health. "Our innovative products, robust distribution network, and customer-centric approach have enabled us to bridge critical healthcare gaps across the nation. This award reinforces our commitment to expanding health insurance penetration and securing the health of millions more Indians in the years ahead."

During FY 2020 to FY 2025 (November), Star Health Insurance recorded significant contributions from diverse regions: Metropolitan areas consistently accounted for the largest share, contributing 42% in FY 2020 and maintaining a robust 41% as of FY 2025 (November).

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