Tag: Mr. Sanjeev Srinivasan

Business World, Health, News

Bharti AXA General Insurance Launches Health AdvantEDGE

Feb 9, 2021 by Rekha Nair 0 Comments #Bharti AXA General Insurance, #Health AdvantEDGE, #innovative health insurance plan, #Managing Director and Chief Executive Officer, #Mr. Sanjeev Srinivasan

MUMBAI: Bharti AXA General Insurance, a joint venture between Bharti Enterprises, one of India’s leading business groups, and AXA, one of the world’s largest insurance companies, today announced the launch of its new and innovative health insurance plan, Health AdvantEDGE, that provides holistic protection against mounting expenses related to medical exigencies and other healthcare services.

Bharti AXA Health AdvantEDGE is also one of the few healthcare products that offers comprehensive wellness benefits as a key differentiator in the domestic health insurance market. It is specially designed to support healthcare and wellness needs of customers.

This unique health plan offers a restore benefit that automatically reinstates the basic sum insured in case it is exhausted within the policy year. If the policyholder uses up the entire sum insured and falls ill even if it is for the same illness or condition during the same year, the company will restore 100 per cent basic sum insured. This ensures that the policyholder has requisite coverage at all times and reduces the need for multiple policies.

Rolling out Health AdvantEDGE, Mr. Sanjeev Srinivasan, Managing Director and Chief Executive Officer, Bharti AXA General Insurance, said, “We are living in unprecedented times where our physical health and well-being has never been more crucial than it is now. Amid the ever-rising medical expenses, ensuring protection of one’s financial health should be of paramount importance. Towards this, we present Health AdvantEDGE, which addresses healthcare and wellness requirements of the customers and offers timely and necessary support during their time of need. We are confident that our health offering will adequately prepare individuals and families against uncertainties surrounding medical exigencies and rising healthcare expenses.’’
Further, this health insurance plan comes with wellness benefits and value-added services for the convenience of policyholders to address their wellness needs and also get rewarded for it. Under the wellness program, the policyholder gets credited with reward points for inculcating healthy habits. The reward points can be redeemed to avail of a discount on the policy premium or a concession on medical bills or consultation fees among others.

To further enrich customer engagement and experience, the Bharti AXA Wellness Cuppa portal has been launched for its esteemed customers. Through the wellness portal and app, the policyholders can avail the entire gamut of wellness features and services in one place. Apart from health rewards, some of the features also include video/teleconsultation, pharmacy, and diagnostic services, online chat with doctors, doctor’s appointment, doctor on call, and medical second opinion.

“We understand the requirements of our customers in this fast-paced world. Bharti AXA Health AdvantEDGE addresses the array of consumers who are looking beyond health insurance products that offer claim only against hospitalization expenses. With this product, we offer wellness benefits with options to customize the offering that will help them create the plan that suits them best in times of illness as well as on their journey of wellness. With customer-centricity being at the core of all our initiatives, we constantly strive to innovate to enrich our customer offerings and provide superior products and services,’’ Mr. Srinivasan added.

This new-age health plan provides a holistic cover right from pre-hospitalization to post-hospitalization, in-patient treatment, and daycare treatments. It comes with 60 days pre and 90 days post-hospitalization cover as well as a wide range of sum insured from Rs 2 lakh to Rs 3 crore with cashless facility and seamless claim procedure. This allows customers to focus on their treatment, rather than worry about which room to choose against their insurance coverage.

Bharti AXA Health AdvantEDGE also offers Ayush benefits, wherein all the expenses incurred on treatment in a hospital under Ayurveda, Yoga and Naturopathy Unani, Sidha and Homeopathy, and organ donor expenses.
Another unique feature of this plan is a guaranteed cumulative bonus of 20 per cent to the policyholders in a claim-free policy year upon renewal. This feature ensures that the cumulative bonus does not reduce even if there is a claim. It also extends optional maternity benefits to female lives insured between the age of 18 to 45 years, opting for a three-year policy term.

The plan covers persons in the age group 91 days to 65 years, provides hospital cash benefits, air and road ambulance with an additional premium.

Business World, News

BHARTI AXA GENERAL INSURANCE LAUNCHES ‘KRISHI SAKHA’ APP TO MEET SPECIFIC NEEDS OF FARMERS

Jan 28, 2021 by Rekha Nair 0 Comments #Bharti AXA General Insurance, #Chief Executive Officer, #Managing Director and Chief Executive Officer, #Mr. Alok Shukla, #Mr. Ashish Kumar Bhutani, #Mr. Sanjeev Srinivasan, #PMFBY., #Senior Vice President and Head – Agriculture and Rural Business

MUMBAI:  Bharti AXA General Insurance, a joint venture between Bharti Enterprises, one of India’s leading business groups, and AXA, one of the world’s largest insurance companies, today launched its new app ‘Krishi Sakha’ to cater to the specific needs of the farmers in the country and guide them in adopting best farming practices and enhancing productivity.

Bharti AXA ‘Krishi Sakha’ aims at helping Indian farmers make informed decisions through customized information related to their farming requirements. It shares relevant information about the scientific way of farming, crop cultivation, sowing, or harvesting of a major crops.

The novel farmer-friendly app is a one-stop shop for all crop insurance-related requirements and offers the farmers a variety of innovative and tailored solutions along with curated crop advisories by experts to help them protect their invaluable crops and increase the overall farming productivity. It guides the farmers about weather forecasting, market and crop prices and government schemes related to insurance and agriculture.

Unveiling the ‘Krishi Sakha’ App, Mr. Sanjeev Srinivasan, Managing Director and Chief Executive Officer, Bharti AXA General Insurance, said, “This app is very convenient and useful for the farmers and farming community as it educates them, while addressing the needs and risks of the entire crop cycle from pre-sowing to harvesting and post-harvest which is replete with unpredictable fears and threats. Climate-related risks have further made crop insurance the need of the hour. We, therefore, believe that ‘Krishi Sakha’ app is going to help us further interact with our farmers, understand their concerns, and offer them customized crop insurance solutions in order to solve their farming problems and challenges.’’

Krishi Sakha app users will be offered not just important weather information for their respective crops, but will also have access to a range of other necessary information and advisories like market price of crops, land unit conversion, news about forthcoming events, crop calendar, information library for better crop cultivation, informational videos, chatbots for queries, agri-solutions, and language flexibility that would cater to their daily farming requirements. Moreover, the farmers will also have access to the Pradhan Mantri Fasal Bima Yojana (PMFBY) portal for crop insurance related information.

“Krishi Sakha app is a step towards the empowerment of farmers, as it enriches their experience by facilitating seamless modern agricultural processes and practices. The feature-rich app offers required pertinent information to support the farming community suffering from crop losses or damages arising out of unforeseen events. We hope that the agriculture-friendly app will enhance their farming knowledge and productivity,’’ said Mr. Ashish Kumar Bhutani, Chief Executive Officer, PMFBY.

The option to use the app in different languages makes it more widely accessible. The new Android app ‘Krishi Sakha’ can easily be downloaded from Google play store free of cost.

‘’In today’s connected world, creating awareness is key and it is our constant endeavor to support the farmers by keeping them abreast with valuable information at all times. With increased penetration of smartphones, we all have observed amplified consumption of content through varied sources. With the launch of this app, we aim to enable our farmers with information critical to them to take the right decisions from sowing to selling all at a singular destination – Krishi Sakha” said Mr. Alok Shukla, Senior Vice President and Head – Agriculture and Rural Business, Bharti AXA General Insurance

Last year, Bharti AXA General Insurance, which received a Rs. 800 crore crop insurance mandate from Maharashtra and Karnataka insuring farmers under the PMFBY, launched a campaign ‘Fasal Ka Bima Bohot Zaroori Hai’ to make farmer communities aware of the importance and relevance of crop insurance especially today.

Notably, the company has been participating in the government-sponsored crop insurance scheme for years and has insured 28.44 lakh farmers from different states namely Bihar, Karnataka, Gujarat, Jharkhand, and Maharashtra. It has secured 8.83 lakh farmers from Gujarat, Jharkhand, and Maharashtra in the financial year 2019-20 alone. Under this scheme, the company has offered crop insurance benefits to more than 3.8 lakh farmers.

Business World

Airtel Payments Bank offers Car Insurance in association with Bharti AXA General Insurance

Nov 10, 2020 by Gouri Achary 0 Comments #Airtel Payments Bank, #Airtel Thanks app, #Bharti AXA General Insurance, #Mr. Ganesh Ananthanarayanan, #Mr. Sanjeev Srinivasan, #Smart Drive Private Car Insurance

Airtel Payments Bank today announced that it will offer comprehensive car insurance in association with Bharti AXA General Insurance.

The Smart Drive Private Car Insurance offers financial protection against damage to the vehicle due to accident, theft, and natural & man-made disasters. It also compensates for injury or damages to another person or property caused due to a car accident.

The insurance comes with a personal accident cover for the policyholder. In the event of an accident leading to permanent disablement or loss of life, this ensures financial protection for the family.

Airtel Payments Bank’s customers can easily purchase this policy within five minutes using a paperless, secure, and quick process through the Airtel Thanks app. With no pre-inspection required, a customer only needs to fill in the details about the vehicle, and the insurance is immediately issued on their registered email id and mobile number.

At the time of the renewal, customers can choose from a wide range of add on covers. This includes depreciation cover, small consumable items, loss or replacement of car key, roadside assistance in the event of car breakdown, damage of engine or gearbox, medical expenses if the policyholder is injured, ambulance expense to reach the hospital, and many more.

Mr. Ganesh Ananthanarayanan, Chief Operating Officer, Airtel Payments Bank, said, “We endeavour to offer a bouquet of well-designed products to serve varied insurance requirements of our customers. Motor insurance being mandatory in the country constitutes an important requirement for millions of car users. We are delighted to partner with Bharti AXA General Insurance to offer this comprehensive car insurance.”

Mr. Sanjeev Srinivasan, Chief Executive Officer & Managing Director, Bharti AXA General Insurance, said, “We always look for creating eco-systems that help us improve the reach of our insurance solutions. As part of our partnership with Airtel Payments Bank and strong synergies of customer-centricity, we are offering innovative motor insurance products to its customers through a seamless journey from the purchase to the claim process. The strategic alliance will also help us reach out to the growing customer base of the bank and secure them.”