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About Star Health and Allied Insurance
Star Health and Allied Insurance is a joint venture; such businesses as Leading NRIs, Oman Insurance Company UAE, and an Indian company owns and runs it. Such business alliances as M/s. ICICI Ventures and M/s. Sequoia Capital have also invested in the Company. Tata Capital invested in Star Health and Allied Insurance in February 2013. Thus the companys total capital base was increased to 549 crore US84 million. In August 2010, Star Health and Allied Insurance in association with such company as Shiram Life Insurance launched the first Combi Insurance policy in India. In April 2013, Star Health and Allied Insurance launched a specialty policy for people suffering from Cardiac ailments, which has never been done before by any insurance company. Star Cardiac care, which is an insurance policy for people who had undergone Heart Surgeries, was created.
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