FINANCE

Galaxy Health Insurance Expands to Karnataka with Bengaluru Office

Bengaluru: Galaxy Health Insurance, a standalone health insurance company, has launched its first regional office in Bengaluru, Karnataka. This office will serve as a hub for regional operations, marking the company’s entry into the Karnataka market.

Key Highlights:

  • Plans to open 27 offices across Karnataka in the next year, strengthening its presence in the state.
  • Aims to onboard 5,000 insurance agents in 2025, enhancing its distribution network and reaching a wider customer base.
  • Jointly promoted by the TVS family and V. Jagannathan’s family, bringing together industry expertise and experience.
  • Received license from the Insurance Regulatory and Development Authority of India (IRDAI) in March 2024, marking a significant milestone in its journey.

“We’re committed to making health insurance products affordable, accessible, and customer-centric. Our Bengaluru office is a significant step towards fulfilling this promise. As the technology capital of the country, Bengaluru is a vibrant city with a young, dynamic population, making it the ideal gateway for our expansion in Karnataka.” said G. Srinivasan, MD & CEO of Galaxy Health Insurance.

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