About us
Subsidiaries
Subsidiaries
Expertise
Partners
Borderless Benefits
A Third Party Administrator delivering capabilities to the insurance ecosystem across geographies and networks for over two decades.
Our Expertise
Our digital-first technologies and integrated service capabilities seamlessly enhance member experiences
Our Footprint as of H1 - FY 24
INR 95 B+ Premiums under management
Group & retail premiums (excluding govt. schemes)
18 K+ Provider partnerships
6 M+ Claims received annually
Group & retail claims (India) (As of FY 23)
35 Insurer partnerships
India & international
141 Countries with network
India & international
97 Offices pan India
Including govt. schemes offices
9500 + Enterprise clients
As of FY 23
6200 + Employees
Our vision & history
Incorporated in 2000, with a vision to deliver informed healthcare decisions to a billion lives connected by our technology, partnerships and human touch, Medi Assist has grown rapidly over the past years and is now considered a trusted name. Through strategic acquisitions, we've expanded our capabilities to serve our members not only in India but also across 141 countries worldwide.
2000
Medi Assist is incorporated.
2002
Registration of Medi Assist TPA as a third party administrator with IRDAI.
2010
Medimatter Health acquired stake in our company from Reliance Capital Ltd. and Medybiz Pvt. Ltd.
2011
Investment by Bessemer Health in our company.
2013
Investment by Investcorp Private Equity.
2016
Medi Assist TPA acquired DHS TPA.
2018
Medi Assist TPA acquired Medicare Insurance TPA Services (India) Pvt. Ltd.
2022
Medi Assist acquires Mayfair We Care.
2023
Medi Assist TPA acquires Medvantage TPA & Raksha Insurance TPA.
The technology that Medi Assist partnered with us to build allows healthcare providers within the IHX eco-system to work collaboratively to manage a hospital's revenue cycle, billing and settlement with third party payer systems. Our AI/ML collaboration with Medi Assist allowed us to deliver faster, accurate and superior outcomes.
Ambuj Kashyap
Co-Founder, IHX
We were exploring partners… Medi Assist really stood out because you guys had the right skills and resources that we needed as a digital-first company.
Sarbvir Singh
CEO, Policybazaar
At MediBuddy, we believe in community first and company second. We passionately believe in having partners that share the same values, and Medi Assist is one of those partners. Medi Assist helped us grow our competency, while being an exceptional strategic as well as execution partner.
Satish Kannan
CEO, MediBuddy
Our partnership with Medi Assist eliminates cost of suboptimal therapies that can result in loss of life or organ(s) or reduced quality of life and productivity in people detected with Cancer. Our partnership focuses on evidence-based expert recommended treatments, be it sponsored by states or corporations.
Gitika Srivastava
CEO, Navya
Medi Assist is set to acquire 100% stake in Paramount Health Services & Insurance TPA
We, at Medi Assist are thrilled to share that we have signed an agreement to acquire a 100% stake in Paramount Health Services & Insurance TPA from Fairfax Asia and Dr. Nayan Shah & family.
This significant deal, pending IRDAI approval, will increase our market share to 36.6% in the group segment, and 23.6% in the health insurance sector. This acquisition strengthens our market leadership and supports our commitment to enhancing healthcare accessibility and efficiency.
General helpline 0120 693 7372
Senior citizen helpline 1800 419 9493
