Star Health eyes NRI business through GIFT
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CHENNAI: Star Health and Allied Insurance Company will offer dollar-denominated insurance from GIFT City for NRIs. The company is launching international insurance product suite from the facility in FY25.
Star Health is the first health insurance company to be granted registration to establish an International Financial Services Centre international office in GIFT City.
It plans to commence operations with a branch by the end of this month, facilitating access to health insurance solutions in US dollars for the global Indian community, the company said in a statement on Monday.
Noting that the facility will enable the company to significantly expand its global reach and business, it said, the company will offer NRI-focused insurance.
Star Health is the first health insurance company to be granted registration to establish an International Financial Services Centre international office in GIFT City.
It plans to commence operations with a branch by the end of this month, facilitating access to health insurance solutions in US dollars for the global Indian community, the company said in a statement on Monday.
Noting that the facility will enable the company to significantly expand its global reach and business, it said, the company will offer NRI-focused insurance.
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