Apollo Munich Health Insurance - Fact Sheet

Apollo Munich

Apollo Munich Health Insurance is a joint venture between The Apollo Hospitals Group, its associates and Munich Health, world leaders in health insurance, a company of the Munich Re Group. The company operates as a standalone health insurer and offers innovative Health, Accident and Travel insurance solutions on a PAN India basis.

Chief Executive Officer Staff Product portfolio

Mr. Antony Jacob

Presently the headcount is over 1100 across 40 offices. As a first step towards bringing in innovative insurance solutions, Apollo Munich has launched its first generation products such as:

Easy Health Individual and Family Health Plans (In-Patient Hospitalization Covers) Easy Health for Groups Overseas Travel & Health Covers individual, family and groups Personal Accident Cover Corporate and Individual Insure Health An over the counter health insurance Maxima Indias first truly comprehensive health insurance plan Optima Cash A daily hospital cash product with maximum benefits. SME- A pre-packaged group policy for SMEs with manpower of 10 to 100. Optima Plus A unique top-Up plan for Individuals

Apollo Munich promises to constantly engage itself in developing innovative health and travel insurance solutions catering to various insurance needs that may exist in the market. Distribution Network Apollo Munich uses the following distribution channels to map the country and make their insurance solutions available such as: Agents Corporate Agents Strategic Partners Travel Agents Sales Associates and Direct Sales Force Apollo Munich currently has a network of over 25,000 agents across the country. Apollo Munich also has exclusive tie-ups with NBFCs for distributing their insurance solutions. The other channels that Apollo Munich employs are database marketing, Internet etc. across the country; it has tied-up with travel portals for domestic travel insurance along with a tie-up with www.insurancemall.in for selling its products through internet.

Market Penetration

Apollo Munich is headquartered out of Gurgaon and has 39 operational offices apart from the corporate office covering major metros and category - A, cities/towns. Hospital Network: The products of Apollo Munich are valid in all the hospitals across the country on a reimbursement basis. In around 4000 trusted hospitals across 831 cities & towns including the 53 Apollo Group hospitals the customers can avail Cashless Hospitalization service. Expected Growth: The Health Insurance market has been growing at a CAGR of over 35% for the last three years. In the last financial year the industry has registered a growth of over 30%. Apollo Munich envisages being a significant player in the Health Insurance Segment and being at the forefront and regularly introducing innovative health insurance products of global standards in India.

Competitive Advantages

It is a unique Health Insurance company as it is backed by Indias largest integrated healthcare group, The Apollo Hospitals Group, in partnership with Munich Health, world leaders in Health Insurance. The joint venture brings together the complementary strengths of its partners. The Apollo Hospitals groups extensive understanding of the healthcare domain & strong brand equity as a healthcare brand, in India, combined with Munich Healths technical expertise provides a sound foundation for Apollo Munich. The Apollo Hospitals Group has been a pioneer in corporate healthcare and has significant understanding of this space which includes disease patterns and incidence, in-depth knowledge of prevention & wellness, provider profiles and behavior, besides strong customer understanding and leads generation skills. The Apollo Hospitals Groups extensive healthcare infrastructure comprising of large tertiary care hospitals, primary care clinics, the largest retail pharmacy chain and rural reach through telemedicine provides significant strength to Apollo Munichs distribution capabilities. Munich Healths extensive global reach and Apollo Munichs ability to leverage the same offers it a unique opportunity to offer globally valid covers backed by superior service to the growing population of Indian overseas travelers. Munich Health is a pure Health Insurer with an extensive Health Insurance expertise of 80 years of profound understanding of scientific underwriting, product pricing, design of innovative products backed by world class actuarial practices and technological support.

About Apollo Munich Health Insurance: Company Name: Apollo Munich Health Insurance Company Ltd. Corporate Brand: Apollo Munich Health Insurance