Lucknow | Galaxy Health Insurance, India’s newest independent health insurance company announced its expansion into Northern India with the inauguration of a regional office in Lucknow, Uttar Pradesh. Supported by Venu Srinivasan of the TVS Group and veteran insurance expert V. Jagannathan’s family, the company aims to make affordable, accessible health insurance available across the region.
As part of this expansion, Galaxy Health Insurance plans to add over 1,000 agents across Uttar Pradesh by FY 2026, targeting coverage for 5,000 people, including underserved rural families. The initiative underscores the company’s commitment to inclusive health solutions and financial protection for those with limited access to formal healthcare systems.
G. Srinivasan, Managing Director & CEO of Galaxy Health Insurance, said, “There is immense potential to expand health insurance in Uttar Pradesh. Our presence in Lucknow strengthens our commitment to providing affordable and reliable health coverage across Northern India. This expansion is a timely and meaningful step to integrate vulnerable and economically constrained families into a formal financial protection framework. Our approach is rooted in simplicity and inclusivity, ensuring that rural and middle-class families receive the care and security they deserve.”
Galaxy Health Insurance received its IRDAI license in March 2024. Within its first year of operations, the company established a nationwide network of over 12,000 agents and provided insurance coverage to more than 185,000 individuals.
Key insurance products offered by Galaxy Health Insurance include:
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Galaxy Promise – a comprehensive health insurance plan for families.
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Galaxy Marvel – a customizable plan promoting a healthy lifestyle while offering extensive family coverage.
With this strategic expansion, Galaxy Health Insurance is set to strengthen Northern India’s health security landscape, making insurance more accessible to millions.
