𝘛𝘈𝘛𝘈 𝘈𝘐𝘎 𝘚𝘵𝘳𝘦𝘯𝘨𝘵𝘩𝘦𝘯𝘴 𝘛𝘢𝘮𝘪𝘭 𝘕𝘢𝘥𝘶 𝘏𝘦𝘢𝘭𝘵𝘩 𝘐𝘯𝘴𝘶𝘳𝘢𝘯𝘤𝘦 𝘗𝘰𝘳𝘵𝘧𝘰𝘭𝘪𝘰 𝘸𝘪𝘵𝘩 𝘕𝘦𝘸 𝘙𝘪𝘥𝘦𝘳𝘴 𝘈𝘮𝘪𝘥 𝘚𝘵𝘳𝘰𝘯𝘨 𝘎𝘳𝘰𝘸𝘵𝘩
Chennai, 12 November 2024: TATA AIG General Insurance, a leading general insurance provider in India, is strengthening its health insurance offerings in Tamil Nadu with five specialised riders: Mental Wellbeing, EmpowerHer, OPD Care, CanCare, and Flexi Shield. These riders are specifically designed to address the unique and diverse healthcare needs of the state’s residents, providing enhanced protection in areas such as mental health, women’s health, cancer treatment, and routine medical costs.
(L to R) Rajagopal Rudraraju, Executive Vice President & National Head - Claims; Pratik Gupta, Senior Executive Vice President and Head of Agency; R Poongothai, Regional Sales Manager - Agency Health |
TATA AIG has established a robust presence across 31 districts in Tamil Nadu, with key branches in Chennai, Coimbatore, Madurai, Tiruchirapalli, Tirunelveli, and Salem. The company’s expansive network includes over 1000 hospitals, ensuring seamless access to cashless treatment for its customers across both urban and rural regions. With a well-established network of agents and digital platforms, the company is bringing quality health insurance solutions to every corner of the state.
Press meet Youtube Video 👇
This performance highlights the rising demand for quality insurance solutions in the state, which remains underpenetrated in terms of health insurance at just 5.35%.The state has seen cancer and heart disease are among the most frequently reported chronic conditions among TATA AIG health insurance policyholders. The highest share of chronic disease claims comes from the 46-55 age group, with a notable trend showing a higher percentage of chronic disease claims among females compared to males.
The company’s overall claim settlement of 90.16% (claim amount being settled) in FY24 significantly exceeds the industry average of 85%, demonstrating its commitment to providing efficient and hassle-free services. The company’s customer-first approach and digital innovations have led to a 250% growth in its health insurance business in Tamil Nadu since 2022.
****