Max Bupa receives final approval from IRDAhttps://indianexpress.com/article/news-archive/web/max-bupa-receives-final-approval-from-irda/

Max Bupa receives final approval from IRDA

Max Bupa Health Insurance Company received the R3 license from Insurance Regulatory and Development Association (IRDA) on Monday.

Max Bupa Health Insurance Company Limited,the stand-alone health insurance company set-up as a joint venture between Max India Limited and Bupa Group received the R3 license from Insurance Regulatory and Development Association (IRDA) on Monday.

Announcing this development,Dr. Damien Marmion,Chief Executive Officer,Max Bupa Health Insurance Company Limited said,“We have received the mandatory clearance from IRDA and are all geared up to launch Max Bupa operations in India. Supported with strong corporate heritage and market leadership of our parent companies across health and service,we are looking forward to making a substantial difference in the Indian health insurance market.”

Further,talking about Max Bupa’s value proposition,he added “Our mission is to help people live healthier and more successful lives and we intend to achieve this through an innovative approach built around service experience,whether by setting new service standards or by making the process simple and transparent for the end customer”