CARE HEALTH INSURANCE LIMITED formerly known as Religare Health Insurance Company Limited is a specialized health insurance company that offers products in the retail segment for Health insurance, Top-up Coverage, Personal Accident, Maternity, International Travel Insurance and Critical Illness along with Group Health Insurance and Group Personal Accident Insurance for Corporates, Micro Insurance Products for the Rural Market and a Comprehensive Set of Wellness Services. In total the company has a product bouquet of 23 products. Care Health Insurance is one of the leading Stand-alone Health Insurance (SAHI). It is ranked 5th amongst private general insurers and 2nd among Stand-alone health insurers (SAHI) with a market share of 4.2% (as of FY 2020) in the Health and Personal accident insurance space.
Care health Insurance Limited is a subsidiary of Religare Enterprises Limited. Care Health Insurance commenced its business in 2012 as Religare Health Insurance Limited. The company now has a network presence at 1000+ locations across India with 156 branches and 10,000+ hospitals empaneled for cashless claims.
The company has multiple channels for distribution of its products and services including agencies, brokers, corporate agents, online and bancassurance. The company mainly focuses on retail and SME segment.
Care Health Insurance Limited has also successfully completed Ayushman Bharat mandate in Chhattisgarh. In FY 2020, Kedaara Capital invested Rs. 567 Crores (300 Crores primary + 267 Crores secondary) for 19% stake in Care Health Insurance Limited.
Care Health Insurance was adjudged the "Best Health Insurance Company" at the ABP News-BFSI Awards 2017 and again at the Emerging Asia Insurance Awards, 2019 and "Best Claims Service Provider of the Year" at the Insurance India Summit & Awards 2018. Care Health Insurance has also received the "Editor's Choice Award for Best Product Innovation" at Finnoviti in 2017 and was conferred the "Best Medical/Health Insurance Product Award" at the FICCI Healthcare Excellence Awards in 2015, 2018 and 2019.
| Care Health Insurance Outstanding Shares: | 94,22,30,610 |
| Face Value of Care Health InsuranceUnlisted Share: | 10 |
| ISIN of Care Health Insurance Unlisted Share: | INE119J01011 |
| Lot Size of Care Health Insurance Unlisted Share: | 100 |
| Care Health Insurance Share Price: | Best in Industry |
| PAN Number of Care Health Insurance ltd. : | AADCR6281N |
|
Care Health Insurance Limited CIN Number |
U66000DL2007PLC161503 |
|
Care Health Insurance Limited Registration Date |
02 April 2007 |
|
Category / Sub-Category of Care Health Insurance Company Limited |
Company Limited by Shares / Indian Non Government Company |
|
Registered Office Address |
5th Floor, 19, Chawla House, Nehru Place, New Delhi 110019 |
|
Registrar & Transfer Agent Address & Contact Details |
KFIN Technologies Private Limited Selinium Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad 500032 |
Dr. Rashmi Saluja (Non Executive Chairperson)
Mr. Anuj Gulati (Managing Director & CEO)
Mr. Sham Lal Mohan (Non Executive Independent Director)
Lt. Gen. (Retired) Shamsher Singh Mehta (Non Executive Independent Director)
Mrs. Asha Nair (Non Executive Independent Director)
Mr. Malay Kumar Sinha (Non Executive Independent Director)
Mr. Siddharth Dinesh Mehta (Non Executive Director)
Mr. Vijay Kumar Uppal (Bank Nominee Director)
Mr. Sushil Chandra Tripathi (Non Executive Independent Director)
Mr. Kartikeya Dhruv Kaji (Non Executive Director)
CARE HEALTH INSURANCE LIMITED does not have any subsidiary or associate company.
|
S. No. |
Shareholder’s Name |
No. of Shares |
% of total Shares of the company |
|
1 |
Promoters |
81,77,31,392.00 |
86.79 |
|
2 |
Others |
12,44,99,218.00 |
13.21 |
|
|
Total |
94,22,30,610.00 |
100.00 |
