Aditya Birla Health Insurance (ABHI) is a joint venture between the Aditya Birla Group and MMI Holdings Ltd (MMI), a diversified financial services company in South Africa. The Aditya Birla Group and MMI are in a 51:49 joint venture.
A US $41 billion (Rs. 2,50,000 crore) corporation, the Aditya Birla Group is in the League of Fortune 500. Anchored by an extraordinary force of over 120,000 employees, belonging to 42 nationalities. Over 50 per cent of its revenues flow from its overseas operations spanning 36 countries.
MMI was formed from the merger of Metropolitan and Momentum, sizable insurance-based financial services players in South Africa. The core businesses of MMI are long and short-term insurance, asset management, savings, investment, healthcare administration, health risk management, employee benefits, and rewards programmes.
Mayank Bathwal is the CEO of Aditya Birla Health Insurance