949

Star Health & Allied Insurance Company Ltd.

Company

Star Health & Allied Insurance Company Ltd.

Year Established

17.06.2005

Brief History

The Company was promoted with the idea of focusing Health Insurance in India. We obtained the license from IRDA in March 2006 to do Non-Life Insurance business and commenced business in May 2006 as the First Stand Alone Health Insurance Company in the Country. We started with a modest premium of Rs.22 Crores in FY 2006-07, progressed at~ rapid pace and for the FY 2009-10, we achieved a Premium Income of Rs.980 Crores with a market share of 10 to 11 % of the total Health Insurance Segment.

Promoters of the company

1) 1. M/s. Oman Insurance Co PSC, Dubai

2) 2. Mr. Essa Abdullah AI Ghurair, from the prominent AI

3) Ghurair family, UAE

4) 3. Mr. Syed Mohammed Salahuddin, ETA Group of

5) Companies, Dubai and Leading Indian Industrialists

6) and Business Houses.

Share Capital (In crores)

Rs. 164.33 Crs

Solvency margin ratio

1.7

Credit rating

N/A

ISO Certificate

The Company is ISO 9001 : 2000 certified

Annual Gross Premium 2009-2010 (In crores)

Rs. 510 Crs

Annual Gross Direct Claims Paid :

2009-2010 (In crores)

Rs. 380 Crs

No of Employees

2816

No. of Branch Offices India =

Overseas =

176

1

Name & Designation of Key Executives

1) Mr. T. N. Santhanakrishrian, Exe'cutiveDirector

2) Mr.S.Sundaresan, Executive Director

3) Mr.V.Jayaprakash, Executive Director

4) Mr. S. Ramaswamy, CFO

6) Mr. C. M. Kannan Unni, VP & Company Secretary

7) Mr. K. C.!,<umar, VP.

8) Mr. A.M. Mallesh, VP

9) Mr. Vishwajeet Mohnot, AVP

10) Mr. Anand Roy, AVP

11) Mr. H. Srinivasan, AVP

12) Mrs.D.Rama, AVP.

13) Mr.S.Kannan, AVP

14) Mr. Senthilkumaran, GM

Head Office

(Corporate Office) Address

Star Health & Allied Insurance Company Ltd.

No. 1, New Tank Street,

Valluvar Kottam High Road,

Nungambakkam, Chennai-600 034

Contact Number

Telephone : 044-28288800

Fax : 044-28288888

Email: cmd@>starhealth.in

Toll Free No. 1800 425 2255

Website

www.starhealth.in

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