Galaxy Health Insurance Expands to Bengaluru, Strengthening Presence in Karnataka
Bengaluru, 27 January 2025: Galaxy Health Insurance, the newest standalone health insurance company enters Karnataka by opening its first regional office in Bengaluru. The office will serve as a hub for regional operations. The company plans to open 27 offices across Karnataka in the next year with Bengaluru being the first one.
Galaxy Health Insurance is jointly promoted by the renowned industrial house TVS family Shri. Venu Srinivasan, Chairman Emeritus of TVS Motor Company and Sundaram – Clayton Limited along with the family of Shri. V. Jagannathan, who was earlier CMD of United India Insurance Co. Ltd and the founder of India’s first standalone health insurance company. Galaxy received its license from the IRDAI in March 2024.
Mr G. Srinivasan, MD & CEO, Galaxy Health Insurance said, “We started Galaxy last year with a commitment to making health insurance products affordable, accessible, and customer-centric. The launch of our regional office in Bengaluru is a significant step toward fulfilling that promise. As the technology capital of the country, Bengaluru is a vibrant city with a young, dynamic population, making it the ideal gateway for our expansion in Karnataka. With plans to establish 27 offices across Karnataka and onboard 5000 insurance agents in 2025, we aim to meet the evolving needs of customers while contributing to local employment and economic growth.”
Galaxy recently introduced its first flagship product, Galaxy Promise, an affordable, comprehensive health insurance plan designed for individuals and families.
The regional office was inaugurated by Mr G Srinivasan, MD & CEO Galaxy Health Insurance. Mr Margabandhu (CUO) Mr. Guru Prakash (CMO), Mr. V. Thiyagarajan (Financial Advisor) Mr. John Noronha (Mentor), Mr Vinod Kumar R (State Head), and Mr. Oleti Anil Kumar (Zonal Head) were also present at the opening
