Max Bupa


Max Bupa Health Insurance Company Limited is an Indian health insurance company, founded in 2008. It is headquartered in New Delhi, India. It started as a joint venture between Max India Limited and Bupa, a British healthcare provisioning and multi-insurance company. In 2019, Max India sold its entire stake to a private equity firm, True North. The company has a paid-up capital of. The company is regulated by the Insurance Regulatory and Development Authority of India.

History and overview

Max Bupa Health Insurance was founded in 2008 as a joint venture between Max India and Bupa. However, the company started its operations in 2010.
In Jun 2011, it integrated with Insurance Regulatory and Development Authority's Integrated Grievance Management System in real-time, which made the company the first health insurance company in India to have such a system.
In April 2019, the company launched 'AnyTimeHealth ' machines that allow customers to buy health insurance cover in a few seconds.
In February 2019, Max India's entire 51 per cent stake was acquired by Fettle Tone LLP, an affiliate of private equity firm True North for. It distributes its policies through its agency force and bancassurance partners HDFC Bank, Karur Vysya Bank, Bank of Baroda, Indian Bank and IDBI Bank.

Key people

Max Bupa Health Insurance Company Limited was headed by Ashish Mehrotra until April 2020. In May 2020, Mr. Krishnan Ramachandran was appointed as the MD and CEO of the company and Mr. C.B. Bhave was appointed as the Chairman of the board.

Awards and recognition