Aditya Birla Nuvo ventures into insurance sector

Aditya Birla Nuvo is planning to venture into insurance sector. The company has signed up with South African insurance based financial services group – MMI Holdings. It has floated a venture Aditya Birla Health Insurance Co Ltd and applied for regulatory approvals from Insurance Regulatory Development Authority of India (IRDA). The company expects to begin operations by end of 2016. It may be noted, Aditya Birla group is already present in finance sector with Birla Sun Life Insurance Company and other services

Company Profile : Aditya Birla Nuvo Ltd

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