Network Partner Profile

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Apollo Munich Health Insurance

  • Established in 2007, Apollo Munich Health Insurance Company Ltd. (AMHI) is a joint venture between Apollo Hospitals Group and Munich Health, Munich Re’s newest business segment.
  • The joint venture brings together the complementary strengths of its partners. The Apollo Hospitals group’s extensive understanding of the healthcare domain & strong brand equity as a healthcare brand, in India, combined with Munich Health’s technical expertise provides a sound foundation for Apollo Munich Re.
  • The company operates as a stand alone health insurer and offers innovative Health, Accident and Travel insurance solutions on a Presence Across Nation (PAN) India basis and is one of the leading health insurance companies in India. AMHI has been awarded ‘Great Place To Work 2011’ - among top 100 ranking and ranked second in the insurance industry.
  • The Apollo Hospitals Group is Asia’s largest integrated healthcare provider with 50+ hospitals, 1000 pharmacy outlets, and 40+ clinics. In addition Apollo Hospital group also has the capability of handling healthcare related Business Process Outsourcing (BPO) services.
  • Three insurance plans of AMHI policies have been acknowledged by a leading publication in India with a 5 star rating from an independent agency i-Save and are also recommended for superior services and benefits making it the best in the industry.
  • Rating: Rating of parent company: Munich Re: AA- (S&P) stable; A.M. Best A+; Fitch AA- (very strong).
  • The company’s medical units earned INR 2840 mio in gross premium income in the financial year 2010-11, up 147% from the previous year.
  • Member of the Swiss Life Network since 2011.

Special Advantages

  • Backed by India’s largest integrated healthcare group, The Apollo Hospitals Group, in partnership with Munich Health, world leaders in Health Insurance.
  • The Apollo Hospitals Group has been a pioneer in corporate healthcare and has significant understanding of this space which includes disease patterns and incidence, in-depth knowledge of prevention & wellness, provider profiles and behaviour, besides strong customer understanding and leads generation skills.
  • The Apollo Hospitals Group’s extensive healthcare infrastructure combined with a very customer centric approach to offer best solutions.

Coverages and Products

Types of Benefit - Coverage available:

  • Group Medical
  • Overseas Travel
  • Personal Accident (rider)
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Kotak Mahindra Old Mutual Life Insurance

  • Kotak Mahindra Old Mutual Life Insurance Ltd (Kotak Life Insurance) is a joint venture between Kotak Mahindra Bank, its affiliates and Old Mutual.
  • Combined international strengths and local advantages to offer customers a wide range of innovative life insurance products for groups and individuals.
  • Employs around 5,000 people in its various businesses and has around 197 branches in 141 cities across India.
  • Is amongst the first private insurers in the Indian life insurance industry to have reported an operational profit.
  • Total assets managed stand at over USD 10.5 billion in 2009.
  • Strong rating of parent company. Fitch awarded AA+ in 2010.
  • Member of the Swiss Life Network since 2003.

Special Advantages

  • Dedicated to developing unique products with a special focus on product and service quality.
  • Among the early entrants in group insurance products in the Indian market.
  • Kotak Life Insurance's value proposition is based on strong corporate relationships, superior products, extensive marketing skills and quality of service.
  • The objective of Kotak Life Insurance is to build long-term sustainable business under regular premium and sustain fund performance in the capital guaranteed segment.

Coverages and Products

Types of Benefit - Coverage available:

  • Group Term Life
  • Group Term Life in lieu of EDLI*
  • Accidental Death & Dismemberment (rider)
  • Accidental Lump Sum Disability (rider)
  • Critical Illness (rider)
  • Terminal Illness (rider)
  • Group Gratuity Scheme
  • Group Superannuation Scheme

* EDLI = Employees Deposit-Linked Insurance

Available Financial Products:

  • Pooled Investment Funds