Alliance Insurance Brokers Settles Rs 1,100 Cr Health Claims
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Alliance Insurance Brokers settled Rs 1,100 crore in group health insurance claims for FY26, covering 5.8M lives. 96% claims settled within 10 days.
Photograph: Kind courtesy Andrea Piacquadio/Pexels.com
New Delhi, Jul 8 (PTI) Alliance Insurance Brokers has said it has settled more than 1.5 lakh group health insurance claims, with total disbursements of Rs 1,100 crore in FY26.
Alliance Insurance Brokers maintained quick turnaround times, settling 96 per cent of claims within 10 working days, the company said in a statement on Wednesday.
Its employee benefits products now cover 5.8 million lives across employees and dependents, and the company managed premiums totalling Rs 1,600 crore during the year, it said.
Claim volumes have increased by approximately 8â10 per cent over the last two years, showcasing higher utilisation and the growing scale of employer-sponsored health cover, it added.
Alliance Insurance Brokers maintained quick turnaround times, settling 96 per cent of claims within 10 working days, the company said in a statement on Wednesday.
Its employee benefits products now cover 5.8 million lives across employees and dependents, and the company managed premiums totalling Rs 1,600 crore during the year, it said.
Claim volumes have increased by approximately 8â10 per cent over the last two years, showcasing higher utilisation and the growing scale of employer-sponsored health cover, it added.
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