Liberty General Insurance commenced operations in 2013, aiming to provide comprehensive retail, commercial, and industrial insurance solutions. The company has over 1200 employees across 110 offices in 95 cities across 29 states. The insurer has a network of over 5000 hospitals for easy access to healthcare services.
Galaxy Health Insurance Company Limited is a new standalone health insurer, licensed by IRDAI in March 2024. It is backed by the TVS Group and V. Jagannathan, the founder of Star Health, providing experienced leadership despite being a new company. Focusing solely on health insurance, Galaxy designs plans around medical coverage needs rather than offering multiple insurance types. It may suit buyers open to a new insurer, but it’s important to check its hospital network, claim support, and overall track record before making a decision.