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About the Business

Unlock a World of Opportunity with Niva Bupa Health Insurance: Join Our Leader Franchise Program

About Niva Bupa Health Insurance:

Niva Bupa Health Insurance proudly presents an exclusive Leader Franchise opportunity for individuals seeking to become Advisers, Senior Advisors, and Leaders within India’s premier health insurance company.

Company Overview:

Established in 2008, Niva Bupa Health Insurance Company Limited has emerged as a prominent player in the Indian health insurance sector. Our headquarters are based in the vibrant city of New Delhi, India. Initially founded as a collaborative effort between Max India Limited and Bupa, a renowned UK-based international healthcare group, our journey took an exciting turn in early 2019. At that time, Max India divested its entire stake to True North, a leading private equity firm, resulting in a new era for Max Bupa. With a substantial paid-up capital of? 926 crore (US$120 million), our operations are closely regulated by the Insurance Regulatory and Development Authority of India (IRDAI).

A Trailblazing Legacy:

Niva Bupa Health Insurance embarked on its mission in 2008, solidifying its foundation as a joint venture between Max India and Bupa. We officially commenced operations in 2010, marking the beginning of a transformative journey. In June 2011, we made history by integrating with the Insurance Regulatory and Development Authority’s Integrated Grievance Management System in real-time, becoming the pioneering health insurance company in India to implement such a system. Fast forward to April 2019, we introduced ‘AnyTimeHealth (ATH)’ machines, revolutionizing the health insurance experience by enabling customers to secure coverage within seconds. In February 2019, True North’s affiliate, Fettle Tone LLP, acquired Max India’s entire 51% stake for ?510 crore (US$68 million). Today, we distribute our policies through our dedicated agency force and bancassurance partnerships with esteemed institutions such as HDFC Bank, Karur Vysya Bank, Bank of Baroda, Indian Bank, and IDBI Bank.

Franchisee Criteria:

We are seeking passionate individuals to join our franchise program, and the ideal candidate would possess the following qualities:

– Willingness to work on a full-time or part-time basis
– A proven track record in a related business field would be advantageous
– Shared entrepreneurial values encompassing curiosity, dynamism, team spirit, and determination

Franchise Highlights:

By becoming a Niva Bupa Health Insurance franchisee, you will benefit from:

– Comprehensive operating manuals
– Franchisee training programs
– On-field assistance
– Expert guidance to navigate the business landscape

Join the Revolution:

We extend our invitation to motivated individuals and groups who are eager to revolutionize the way health insurance is approached in India. Partner with Niva Bupa Health Insurance and be part of a transformative journey that promises to enhance the well-being of millions across the nation.

Additional Details

  • Investment RequiredINR 10000 - 50 K
  • Started Year2011
  • Area Required (sq.ft)N/A
  • Franchise Count10 to 20
  • Tax System InclusionYes
  • Comprehensive Franchise ManualsDetailed franchise manuals are available
  • Strategic Head Office SupportYes, offers head office guidance
  • Business training locationChennai
  • Field Assistance OptionsField assistance is available
  • Agreement TemplateStandard business agreement is available
  • Business Term Duration5 Years
  • Franchise Renewal AvailabilityTerm is renewable
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