Health Insurance Companies in India

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All about Health Insurance Companies in India

List of Health Insurance Companies in India

Company name

Founding year

Headquarter location

National Insurance Co. Ltd.

1906

Kolkata

Go Digit General Insurance Ltd.

2016

Bengaluru

Bajaj Allianz General Insurance Co. Ltd.

2001

Pune

Cholamandalam MS General Insurance Co. Ltd.

2001

Chennai

Bharti AXA General Insurance Co. Ltd.

2008

Mumbai

HDFC ERGO General Insurance Co. Ltd.

2002

Mumbai

Future Generali India Insurance Co. Ltd.

2007

Mumbai

The New India Assurance Co. Ltd.

1919

Mumbai

Iffco Tokio General Insurance Co. Ltd.

2000

Gurugram

Reliance General Insurance Co. Ltd.

2000

Mumbai

Royal Sundaram General Insurance Co. Ltd.

2001

Chennai

The Oriental Insurance Co. Ltd.

1947

New Delhi

Tata AIG General Insurance Co. Ltd.

2001

Mumbai

SBI General Insurance Co. Ltd.

2009

Mumbai

Acko General Insurance Ltd.

2016

Mumbai

Navi General Insurance Ltd.

2016

Mumbai

Edelweiss General Insurance Co. Ltd.

2016

Mumbai

ICICI Lombard General Insurance Co. Ltd.

2001

Mumbai

Kotak Mahindra General Insurance Co. Ltd.

2015

Mumbai

Liberty General Insurance Ltd.

2013

Mumbai

Magma HDI General Insurance Co. Ltd.

2009

Kolkata

Raheja QBE General Insurance Co. Ltd.

2007

Mumbai

Raheja QBE General Insurance Co. Ltd.

2007

Mumbai

Shriram General Insurance Co. Ltd.

2006

Jaipur

United India Insurance Co. Ltd.

1938

Chennai

Manipal Cigna Health Insurance Company Limited

2014

Mumbai

Aditya Birla Health Insurance Co. Ltd.

2015

Mumbai

Star Health & Allied Insurance Co. Ltd.

2006

Chennai

MAX Bupa Health Insurance Company Ltd.

2008

New Delhi

Care Health Insurance Ltd.

2012

Gurgaon

Universal Sompo General Insurance Co. Ltd.

2007

Mumbai

Now that you have seen the list of health insurance companies in India, understanding the difference between Insurance company, Insurance broker and Insurance Aggregator is also important.

Insurance Company Vs. Insurance Aggregators Vs. Insurance Brokers

Understand the difference between insurance companies, aggregators and brokers.

Insurance Company

Aggregators

Brokers

Insurance companies are businesses responsible for creating insurance products and selling them to customers.

Aggregators are third party entities who list all available insurance options, along with relevant data for potential customers to compare.

Brokers are mediating parties between an insurance company and its customers.

Role - Produce various insurance products for customers and offer adequate financial support to individuals who purchase these products.

Role - Offers a platform to potential insurance buyers to compare the various plans available so that they can pick the most suitable option.

Role - Sell or market insurance products to customers on behalf of the insurance company to earn a commission.

Employed By - None

Aggregators are third parties with no affiliations to any insurance companies operating in the market.

Brokers are often employed by the insurance company. Alternatively, they may be affiliated to such companies through a commission programme.

An insurance company is responsible for settling all credible claims from its policyholders.

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With so many choices to consider, selecting the perfect health insurance plan can seem stressful. Fortunately, you need to keep certain specific factors in mind when availing a medical insurance policy. 

Things to check before choosing Health Insurance Policy

Benefits of Purchasing Health Insurance directly from Insurance Company

Frequently asked questions