Categories: Business

Max Bupa Health Insurance rebrands itself as Niva Bupa

The standalone health insurer Max Bupa Health Insurance has rebranded itself as ‘Niva Bupa Health Insurance. This development comes after the company’s promoter, Max India, which owned 51 per cent of the insurer sold its stake to True North in February 2019 for Rs 510 crore.

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With the entry of private equity firm True North, it was decided that the use of the “Max” brand will be phased out over a period of two years and replaced with a suitable name, to create a new brand identity. Niva Bupa targets to become a Rs 2,500 crore company by FY 2021-22.

Important takeaways for all competitive exams:

Max Bupa Health Insurance CEO: Krishnan Ramachandran;
Max Bupa Health Insurance Headquarters: New Delhi, India;
Max Bupa Health Insurance Founded: 2008.

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.