Raheja QBE

What Raheja QBE does

Raheja QBE General Insurance Company Limited is an Indian general (non-life) insurer headquartered in Mumbai, founded in 2007. The company offers a full-spectrum portfolio spanning personal lines — Health QuBE health insurance, motor insurance for private cars, two-wheelers and commercial vehicles, and home insurance covering fire and burglary — and commercial lines including package policies, commercial property, workers compensation, construction & engineering, marine, general liability, professional liability (D&O, medical malpractice, professional indemnity), cyber insurance, surety bonds, and specialized covers such as kidnap & ransom and buyers warranty indemnity. As of March 2025, the company reported revenue of INR 498.91 crore and net worth of INR 253.66 crore, operating with 101-250 employees under IRDAI non-life insurance registration No. 141.

Name

Raheja QBE

Legal name

Raheja QBE General Insurance Company Limited

Website

https://rahejaqbe.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Short description

Raheja QBE General Insurance Company Limited is an Indian non-life insurer offering health, motor, home, and commercial lines insurance through digital, agent, and intermediary channels. It serves individual consumers, SMEs, and commercial clients across India with cashless claim networks of 5,000+ hospitals and 1,300+ garages.

Ownership category

akta.pro rank

Product category

General Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126), Insurance Carriers (5241)

akta.pro primary industry

Mid-Market Commercial Package (Package Policies) (FSAJAFAB)

akta.pro secondary industries

General Liability Insurance (FSAJAMAE), Professional Liability (E&O) (FSAJAGAC)

Keywords

• General insurance
• Health insurance
• Motor insurance
• Commercial insurance
• Non-life insurance

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Insurance Premium Revenue: Raheja QBE generates revenue through the collection of insurance premiums from policyholders across its portfolio of personal and commercial insurance products. Premiums are collected at policy inception and renewal, with pricing based on actuarial risk assessment.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels5 records

Core offering

Raheja QBE is a general (non-life) insurance company underwriting personal lines (health, motor, home) and commercial lines (commercial package, property, workers compensation, marine, construction and engineering, general liability, professional liability, cyber, surety bonds) products for retail customers, SMEs, and enterprises across India. Distribution is multi-channel via direct digital portals, individual agents, POSP, corporate agents, web aggregators, TPAs, and intermediaries. Revenue is generated through insurance premiums across the portfolio.

Product overview

Raheja QBE is a general insurance company offering a comprehensive portfolio of personal and commercial insurance products. Personal Lines include Health QuBE (individual and family health insurance with multiple variants including Super Top Up), Motor Insurance (private car, two-wheeler, commercial vehicles with various coverage options), and Home Insurance (Domestic Burglary and Fire). Commercial Lines span Package Policy (office/commercial asset coverage), Commercial Property, Workers Compensation, Miscellaneous (Money and Fidelity insurance), SME-specific Business and Liability Package Policies, Surety Bonds, CyberProtect/Qcyber Protect, Construction & Engineering, General Liability, Marine, and Professional Liability (D&O, Medical Malpractice, Professional Indemnity, etc.). The company operates with 5000+ hospital network and 1300+ garage network for cashless services, supported by five Third Party Administrators for health claims processing.

Differentiator

Problem solved

Functional benefit

Brands

• Health QuBE: Health insurance plan offering a wide range of options for individuals and families
• Qcyber Protect
• RQBE Surrogacy and Oocyte Donor Insurance Policy
• Health Bharosa

Products and services

• Health QuBE Comprehensive health insurance plan offering wide range of coverage options for individuals and families with cashless facility, easy claim registration, and large hospital network. Features include cumulative bonus up to 100%, sum insured replenish benefit, and customizable coverage.
• Arogya Sanjeevani Policy
• Health QuBE Super Top Up
• Group Health Insurance
• Private Car Insurance
• Two Wheeler Insurance
• Commercial Vehicle Insurance
• Domestic Burglary Insurance
• Domestic Fire Insurance
• Commercial Package Policy
• Commercial Property Insurance
• Workers Compensation Insurance
• Money Insurance
• Fidelity Guarantee Insurance
• CyberProtect Insurance Policy
• Qcyber Protect Insurance Policy
• Construction & Engineering Insurance
• General Liability Insurance
• Marine Insurance
• Directors & Officers Liability Insurance
• Professional Indemnity Insurance
• Medical Malpractice Professional Indemnity Insurance
• Surety Bond Insurance
• Staff/Recruiting Agent Surety Bond
• Buyers Warranty Indemnity Insurance Policy
• Kidnap and Ransom Protection Policy

Quantifiable outcome

• 5000+ cashless hospitals and 1300+ cashless garages across India
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature2 records

Partnerships

Seven partnerships are on record, tiered former_jv_partner, core, supporting and niche.

• Prism Johnson Limitedformer_jv_partnerStrategic or Co-development Partner · 2 March 2026Prism Johnson Limited (formerly Prism Cement Limited) was the Indian joint venture partner holding a 49% stake in Raheja QBE General Insurance Company Limited. After 18 years of joint ownership, Prism Johnson divested its entire stake to QBE Holdings (AAP) Pty Limited for ₹324 crore (US$35.4 million), completing the transaction on 1 July 2026. The divestment was subject to IRDAI regulatory approval and shareholder consent, marking Prism Johnson's strategic exit from the insurance joint venture.
• Medi Assist Insurance TPA Pvt. Ltd.coreTechnology or IntegrationMedi Assist is one of the Third-Party Administrators (TPAs) engaged by Raheja QBE for processing cashless health insurance claims across its network of hospitals. Medi Assist handles claim registration, pre-authorization, and settlement for retail and group health policies. Customers can access real-time claims status through the Medi Assist portal (medibuddy.in/claim) and contact Medi Assist via a dedicated toll-free number (1800-4259-449).
• Paramount TPAcoreTechnology or IntegrationParamount TPA is a Third-Party Administrator partner of Raheja QBE for cashless health claim processing. The partnership provides Raheja QBE policyholders access to cashless hospitalization through Paramount's network hospitals, with dedicated toll-free support (9122-66620808) and online claim tracking through member.paramounttpa.com.
• Volo Health Insurance TPA Pvt. Ltd.supportingTechnology or IntegrationVolo Health Insurance TPA (formerly East-West Assist) serves as a TPA partner for Raheja QBE's cashless health insurance claims. Policyholders can access cashless services at network hospitals and track claims through the Volo Health portal (wallet.volohealthtpa.com).
• HealthIndia Insurance TPA Services Pvt. Ltd.supportingTechnology or IntegrationHealthIndia Insurance TPA Services is a TPA partner for Raheja QBE, enabling cashless health claim processing for policyholders through its network hospitals and providing online claim registration and status tracking services.
• Vidal Health Insurance TPA Pvt. Ltd.supportingTechnology or IntegrationVidal Health Insurance TPA is a Third-Party Administrator partner for Raheja QBE's health insurance cashless claim services, providing network hospital access and claim management through its portal (vidalhealthtpa.com).
• Indian Council for Cultural Relations (ICCR)nicheStrategic or Co-development PartnerRaheja QBE has partnered with ICCR (Indian Council for Cultural Relations) to offer a specialized Health QuBE Comprehensive Plan for ICCR scholars. The plan provides health insurance coverage of INR 5,00,000 specifically designed for Indian cultural exchange program participants, including comprehensive hospitalization coverage, No Claim Bonus, restore benefits, and annual health check-ups.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Reliance General Insurance: Private general insurer offering health, motor, home, and commercial lines directly relevant to Raheja QBE's product portfolio. Relevant competitor especially given Mr. Siddharth Anand's industry experience and direct overlap in commercial lines.
• SBI General Insurance: Subsidiary of State Bank of India offering full-suite general insurance products across personal and commercial lines. Leverages SBI's massive banking channel for distribution; competes directly with Raheja QBE in retail and SME segments.
• ICICI Lombard General Insurance: India's largest listed private-sector general insurance company, offering health, motor, home, commercial, and specialty lines across retail and corporate segments. Direct competitor to Raheja QBE in the same multi-line general insurance market with significantly larger scale.
• Bajaj Allianz General Insurance: Top-tier private general insurer in India offering health, motor, home, commercial, and specialty insurance with a strong agent network. Direct competitor offering the same product breadth as Raheja QBE, with substantially larger market share.
• Tata AIG General Insurance: Joint venture between Tata Group and AIG offering general insurance products across personal and commercial lines. Direct competitor; relevant given QBE's relationship with Tata AIG's senior management alumni (e.g., Mr. Siddharth Anand previously at Tata AIG).
• Cholamandalam MS General Insurance: JV between Cholamandalam and Mitsui Sumitomo offering motor, health, and commercial lines. Direct competitor particularly strong in motor insurance, which is a major line for Raheja QBE.
• Liberty General Insurance: Indian arm of Liberty Mutual offering personal and commercial general insurance. Direct competitor; notably, Raheja QBE's Chief Underwriting Officer (Mr. Farzan Khansaheb) previously served as India Representative at Liberty International Underwriters.
• HDFC ERGO General Insurance: Leading private general insurer offering health, motor, home, travel, and commercial lines through digital and agent channels. Direct competitor to Raheja QBE in personal and commercial general insurance.

Emerging players

• Go Digit General Insurance: Tech-first, digital-native Indian general insurer offering motor, health, and commercial lines. Comparable to Raheja QBE's digital-first approach; Raheja QBE's CFO and actuarial leadership have prior Go Digit experience.

Broad incumbents

• New India Assurance Company: India's largest public-sector general insurer dominating motor, health, and commercial lines. State-owned incumbent with massive distribution and underwriting scale; competes with Raheja QBE across all major lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/rqbegi
• Facebookfacebook.com/RahejaQBE
• LinkedInlinkedin.com/company/rahejaqbegi
• Instagraminstagram.com/rahejaqbe/?en

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Raheja QBE