Mahindra Insurance Brokers partners with Tata 1mg for wellness solutions

27 Jan 2022 , 02:14 PM

Mahindra Insurance Brokers Limited (MIBL), a subsidiary of Mahindra & Mahindra Financial Services Limited (Mahindra Finance), on Thursday, announced its partnership with Tata 1mg, India’s one of the most trusted healthcare companies. This partnership will provide corporate India with a holistic and complete wellness solution, offering customized health solutions for the wellbeing of corporate employees and their families.

“During these times, companies are focusing on individual needs and wellness requirements of their employees as core of the organization. The company has taken several initiatives, and our tie-up with Tata 1mg is another step in this direction to make a discerning change in the field of wellness. We are also looking to utilize technology for providing health solutions to corporates, focussing on their employee health and mental well-being,” stated Vedanarayanan Seshadri, MD & Principal Officer, MIBL on the said association.

With this partnership, the two companies will design programs considering health and wellness, and develop customized packages for corporates, their employees, and their families, addressing unique healthcare needs. Some of its benefits include 1-1 counseling support, discounts on pharmacy, 24X7 tele-doctor access, home sample collection, medical devices, supplements, personal care, and other facilities. This partnership will also extend to Tata 1mg’s mobile application facility so that users can access a curated list of offers and programs from the comfort of their homes.

“The company is proud to be associated with Mahindra Insurance Brokers Limited to extend our healthcare services to their corporate clients’ employee base, and to boost their efforts to help organizations to keep their employees healthy, happy and productive. With this partnership, corporate clients of Mahindra Insurance Brokers Limited will be able to access healthcare services pan India for their respective employees,” said Dr. Varun Gupta, Sr. Vice President, Tata 1mg.

Mahindra Insurance Brokers Limited was licensed in 2004, is a subsidiary of Mahindra & Mahindra Financial Services Limited, and is a part of the USD 19.4 billion Mahindra Group. Mahindra Insurance Brokers Limited is a one-stop-shop for insurance solutions. It provides direct insurance broking for Corporates, Small & Medium Enterprises, Retail customers, and a range of products for Life and Non-Life Insurance, and also offers services related to portfolio management, risk management, and claims management services.

Mahindra & Mahindra Financial Services is currently trading at Rs154.15 down by Rs0.75 or 0.48% from its previous closing of Rs154.90 on the BSE. The scrip opened at Rs153.05 and has touched an intraday high and low of Rs155.50 and Rs150.30 respectively.