Alliance Insurance Brokers Achieves 96% Group Health Claims Settlement Ratio, Disburses Over ₹1,100 Crore in FY26
Mumbai: Alliance Insurance Brokers announced strong claims performance for its Employee Benefits portfolio for the financial year 2025–26. The company settled more than 1.5 lakh group health insurance claims, with total disbursements of ₹1100.26 crore plus and a claim settlement ratio of 96%.
Alliance Insurance Brokers maintained quick turnaround times, settling 96% of claims within 10 working days. Its Employee Benefits products now cover 5.8 million lives across employees and dependents, and the company managed premiums totalling ₹1,600 crore during the year. The top five claim categories have been in maternity, cataract, heart disease, fever, and urinary disease. Claim volumes have increased by approximately 8–10% over the last two years, showcasing higher utilisation and the growing scale of employer-sponsored health cover.
Speaking on the claim settlement ratio, Aatur Thakkar, CEO and Principal Officer, Alliance Insurance Brokers said, “Our clients and consumers have always been our highest priority and this gets reflected in our high claim settlement ratio numbers. By combining intelligent automation, stronger provider partnerships and specialised Employee Benefits teams, we have built a robust claims ecosystem that reduces turnaround times, strengthens service delivery and supports employees when they need us most, without compromising quality, transparency or compliance. We will continue to improve our claim processes and turnaround times for settlement.”
With lives covered across its EB portfolio at 5.8 million and premium handled of ₹1,600 crore, Alliance Insurance Brokers plans to continue enhancing digital claims journeys, expand provider networks, and scale preventive and wellness interventions to manage long-term medical trends and costs. Alliance Insurance Brokers attributes the results to process automation, enhanced relationships with hospitals and TPAs, and proactive measures taken by the claims teams.
