AI to help in spotting fraud, keeping data safe

Star Health is set to nearly double its AI spending, going from ₹120 crore this year to ₹200 crore by FY27.
This isn't just for faster claim approvals; it's also about catching fraud and keeping data safe.
Their AI crunches two decades' worth of information and helps spot fraud; the director said industry fraud is estimated at around 7-8%.

The company's seeing solid growth in places like Andhra Pradesh

The company's seeing solid growth in places like Andhra Pradesh and Telangana, covering 24 lakh people with a premium collection of ₹1,990 crore so far this year (that's a 19% jump).
Plus, their claim settlement ratio has averaged a strong 85% over three years, showing they're expanding without letting service slip.