L to R-CS Setty, chairman, State Bank of India, Naveen Chandra Jha, MD & CEO of SBI General Insurance at the launch event of SBI General’s exclusive Health Insurance branches across Andhra Pradesh and Telangana in Hyderabad
CS Setty, chairman, State Bank of India, said “Leveraging SBI’s expansive network, we are committed to empowering citizens with greater access and security through financial services. We believe that our efforts will strengthen our connections with customers and contribute towards IRDAI’s vision of ‘Insurance for all by 2047’. This milestone marks a significant step forward in our mission to provide comprehensive, reliable & accessible health insurance to every Indian.”
Hyderabad: SBI General Insurance, has announced the launch of ‘First-of-its-kind’ Health Insurance Branches across Andhra Pradesh and Telangana, with plans to extend nationwide.
SBI General Insurance has taken this initiative to launch 30 specialized Health Insurance branches which will offer health protection via a comprehensive bouquet of products, completely digital journey and backed by the widest network of more than 2100 hospitals in the states and rapid cashless response of average half an hour to the people of Andhra Pradesh and Telangana.
The launch event was held in SBI General Insurance Hyderabad branch office in the presence of Challa Sreenivasulu Setty, chairman of State Bank of India, Naveen Chandra Jha, MD & CEO of SBI General Insurance and others senior officials of SBI and SBI General Insurance.
This strategic expansion is part of the company’s broader mission to strengthen its footprint in underserved markets, ensuring greater accessibility to health insurance solutions for millions of individuals and households.
Speaking on the occasion, CS Setty, chairman, SBI, said “Leveraging SBI’s expansive network, we are committed to empowering citizens with greater access and security through financial services. We believe that our efforts will strengthen our connections with customers and contribute towards IRDAI’s vision of ‘Insurance for all by 2047’. This milestone marks a significant step forward in our mission to provide comprehensive, reliable and accessible health insurance to every Indian.”
Naveen Chandra Jha, MD and CEO at SBI General Insurance added, “ With the addition of these 30 branches, now SBI General has one of the largest branch network in the states of Andhra Pradesh & Telangana covering 40 districts. Every such branch reflects our commitment to bring our services closer to our customers, understanding their needs and delivering innovative solutions”
SBI General Insurance will set up these fully digital branches, having no proximity to SBI branches, to be managed by just 2 people. Next state will be decided after this succeeds. It will be another under penetrated state,” said Jha.
These branches will offer a range of specially curated health insurance products such as Arogya Supreme Policy, Super Health Insurance, SBIG Health Super Top-Up, Arogya Sanjeevani and Personal Accident Insurance. With these tailored products, SBI General Insurance seeks to address the unique healthcare needs of local communities, delivering affordable coverage and enhancing financial protection for a broader and more diverse population.
The Health Insurance branches are strategically located across key areas in Telangana, including Bhuvanagiri, Jagityal, Kamareddy, Karimnagar, Khammam, Kothagudam, Mahabubnagar, Mancherial, Miryalaguda, Nirmal, Sangareddy, Siddipet, Suryapet, Wanaparthy and Zaheerabad. In Andhra Pradesh, they are present in Anakapalli, Anantapur, Bheemavaram, Eluru, Jangareddigudem, Kadapa, Kakinada, Nellore, Ongole, Pallakollu, Rajam, Srikakulam, Tadepalligudem, Tenali and Vizianagarm.
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