Apollo Group Along With DKV Enters Health Insurance Business

by VR Sreeraman on  August 9, 2007 at 7:48 PM Health Insurance News
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Apollo Group Along With DKV Enters Health Insurance Business
Apollo Hospitals, one of India's leading healthcare brands, made a "logical extension" Wednesday as it entered the health insurance segment by forging a joint venture with DKV AG, Europe's largest private health insurer.

The joint venture, Apollo DKV Insurance Company, will offer health insurance to people in over 4,000 hospitals including 42 Apollo hospitals across the country.

Commenting on the new venture, Apollo Hospitals chairman Prathap C. Reddy said: "For us it is yet another milestone in a journey that began almost 25 years ago to make healthcare in India available, accessible and affordable to every individual no matter wherever he or she resides."

Apollo will hold 74 percent stake in the new company and the remaining portion will be with DKV AG.

Speaking at a media conference ahead of the official launch, Shobana Kamineni, director of Apollo DKV, said: "Our entry into health insurance is a logical extension of our continued contribution to healthcare delivery in India.

"Our mission is to constantly introduce innovative health insurance, wellness solutions and disease management that meet customer needs," she said.

The company plans to have a presence across 25 cities by the second year of operations and spread to over 100 locations by 2010.

"DKV, the European market leader of private health insurance business, contributes long-lasting health insurance and health-care experiences. Apollo perfectly fits into our strategy to establish private health insurance in growth markets, bridging insurance, medical services and the delivery of health care," said Jochen Messemer, responsible for DKV's international business and also a director of Apollo DKV.

Source: IANS
SRM/C

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Sir, I want a health insurance for my parents whose age is less than 50 years. Please suggest me which policy should i go for and how ? what will be the mode of payments and what excatly the policy covers. Ans also let me know the way of rembuirsement. Waiting for your positive response.

sir, i want to join in the healthInsurance, .iam from chennai. what is the proceezer.please mail me.
t/u.
r.anuradha

guest

Dear sir,
Please let me know the process of getting appolo health insurence.I am NRA and wish to became Indian again. I wish to join itI am 67 years old professor of pathology can i join it or not.my wife is also 60 yeras old gynacologist.-If you have any othersheme of appolo group specially benefit to NRE docotrs who are cominh home for good,Suggest me on following e-mail of mine.
I prefer to settle at JODHPUR (RAJ)
thanks
Yours sinecerely
N..sen

guest

Im well interested to market this insurence.i would like to know more deatales

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