About Careers MedBlog Contact us

Berkshire India Plans to Sell Life, Health Insurance Products of Bajaj Allianz

by Lyju Kuruvilla on January 12, 2012 at 12:39 PM
Font : A-A+

 Berkshire India Plans to Sell Life, Health Insurance Products of Bajaj Allianz

Health or life insurance products of Indian private insurer Bajaj Allianz would be sold to retail customers by Berkshire India, an arm of Warren Buffett-owned Berkshire Hathaway.

Through its online distribution portal BerkshireInsurance.com, the corporate agent of Bajaj Allianz namely Berkshire India is currently selling motor and travel insurance products.


In 6 months time, they expect to launch one more product which would be either health insurance or term life product. Mr. Arun Balakrishnan, CEO of BerkshireInsurance.com said that they were focusing on those products which can be sold through direct channel.

The US conglomerate Berkshire Hathaway, had earlier this year forayed into the Indian non-life insurance sector as a corporate agent of Bajaj Allianz General.

As part of its India entry, Berkshire India was incorporated by the American conglomerate to sell and distribute general insurance products in India.

The company also provides market insights to it on processes concerning online sale of insurance products, besides marketing the products of Bajaj Allianz.

Mr. Arun Balakrishnan added that they saw a lot of potential in the online insurance space in India, as insurance products were being bought over the internet using online payment methods, by the younger generation.

Berkshire Hathaway has interest in various businesses, including property, casualty insurance and reinsurance, finance, manufacturing and retailing.

Source: Medindia


Recommended Reading

Latest Health Insurance News

Why Do Few Medicaid-Participating Physicians Provide Long-Term Contraception Care?
Medicare beneficiaries face challenges when accessing contraceptive or birth control care, especially long-acting birth control methods.
Medicaid Expansion Decreases Disparities in Preventable Hospital Visits
Medicaid expansion improves access to care and addresses health gaps in the 11 states that have opted against Medicaid expansion.
 Dental Services Use Among Medicare Beneficiaries
: Is Medicare beneficiary to oral health? Following enrollment, traditional Medicare and Advantage beneficiaries used fewer dental services.
Can Expanding Medicaid Led to Reduced Postpartum Hospitalizations
A third of women with pregnancy coverage through Medicaid are uninsured before or after pregnancy, says study.
Medicaid Improves Cancer Survival Outcomes in the US
Young adults with breast cancer and stage IV cancers had pronounced improvements attributable to the US' Affordable Care Act (ACA)-expanded Medicaid.
View All
This site uses cookies to deliver our services.By using our site, you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Use  Ok, Got it. Close

Berkshire India Plans to Sell Life, Health Insurance Products of Bajaj Allianz Personalised Printable Document (PDF)

Please complete this form and we'll send you a personalised information that is requested

You may use this for your own reference or forward it to your friends.

Please use the information prudently. If you are not a medical doctor please remember to consult your healthcare provider as this information is not a substitute for professional advice.

Name *

Email Address *

Country *

Areas of Interests