| PROTECTING | INVESTING | FINANCING | ADVISING |
|---|---|---|---|
| Life Insurance Advisors | Mutual Funds Advisors | Financing Advisors | Select Advisors |
| Health Insurance Advisor | Stock & Securities Advisors |
About Aditya Birla Health Insurance Co. Limited
An Aditya Birla Capital Limited company: Aditya Birla Health Insurance Co. Limited (ABHICL), a subsidiary of Aditya Birla Capital Ltd. (ABCL), is a joint venture between Aditya Birla Group and MMI Holdings of South Africa. ABHICL was incorporated in 2015 wherein Aditya Birla Capital Limited (ABCL) and Momentum Metropolitan Strategic Investments (Pty) Limited (Formerly known as MMI Strategic Investments (Pty) Ltd.) hold 51% and 49% shares respectively. ABHICL commenced its operations in October 2016 and is engaged in the business of health insurance. Company’s current product portfolio includes unique offerings including chronic care and incentivized wellness. As on FY22, ABHICL recorded a gross written premium (GWP) of Rs.1727 Crore and covered more than 19 Mn lives. ABHICL has nation-wide distribution presence in over 4790 cities through branches and partner offices, 12 bancassurance partners and over 63,000 direct selling agents. ABHICL has scaled and diversified digitally enabled distribution through 89%+ digital channel growth with 183 branch locations, bancassurance available through 16,000+ branches, and 43+ digital partners covering 5 Mn.+ lives through 52+ contextual byte-sized and contextual products.
About Aditya Birla Capital
Aditya Birla Capital Limited (ABCL) is the holding company for the financial services businesses of the Aditya Birla Group. ABCL's subsidiaries have a strong presence across Protecting, Investing and Financing solutions, ABCL is a universal financial solutions group catering to diverse needs of its customers across their life stages. Powered by more than 30,500 employees, the subsidiaries of ABCL have a nationwide reach with 1,048 branches and more than 2,00,000 agents / channel partners and several bank partners.
As of March 31st, 2022, Aditya Birla Capital Limited manages aggregate assets under management over Rs. 3,706 billion, has a consolidated lending book of approx. Rs. 672 billion, and an active customer base of over 35 million, through its subsidiaries and joint ventures.
Aditya Birla Capital Limited is a part of the Aditya Birla Group, in the league of Fortune 500. Anchored by an extraordinary force of over 140,000 employees, belonging to 100 nationalities. Today, over 50% of Group revenues flow from overseas operations that span 36 countries in North and South America, Africa and Asia.
