Medi Assist Healthcare Services Limited IPO
(i) Medi Assist Healthcare is a technology-led company that plays a crucial role in the health insurance ecosystem. It is India’s largest health benefits administrator in terms of revenues and premium serviced for health insurance policies for the 4 consecutive years.
(ii) Its primary clients are insurance companies, It also serves as an intermediary between
(a) general and health insurance companies and the insured members
(b) insurance companies and healthcare providers (such as hospitals)
(c) the Government and beneficiaries of public health schemes.
(iii) It is the largest health benefits administrator in India for corporates in terms of premium service for few years. It has serviced over 7,800 corporate accounts across sectors to help administer the insurance requirements of its employees,
(iv) It also services individual insurance policyholders and as of March 31, 2020, it managed ₹ 15,857 million of premium for the financial year 2020, representing 8% of the overall retail health insurance market in India
Over the years, it had developed a pan-India healthcare provider network, which comprises over 11,000 hospitals across 722 cities and towns.
(i) Well-positioned to capture favorable industry dynamics
(ii) Largest Health Benefits Administrator in India
(iii) Scalable Technology-Enabled Infrastructure
Objects of the Medi Assist Healthcare Services Limited IPO:
Medi Assist Healthcare Services Limited IPO Details: