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Paramount Health Services and Insurance Pvt. Ltd.


Additional Details

CorporateAbove 1000 EmployeesHealthcare / Medical


AboutParamount Health Services And Insurance Pvt. Ltd.

Dr. Nayan Shah, a Radiologist by profession and one of the founders (currently the Managing Director of Paramount Health Group) of Paramount, had a vision to provide high-quality Healthcare Management Services.

In 1996, Dr. Shah along with Mr. H.R. Shah founded and registered Paramount Healthcare Management Pvt. Ltd. (PHM) and it was initially formed with the idea of providing healthcare for relatives of NRI in India

In 1999, PHM entered into a joint venture with Munich RE, Germany.  (Munich RE is one of the world’s largest reinsurance company)

Paramount Health Services & Insurance TPA Pvt. Ltd. (erstwhile Paramount Health Services TPA Pvt. Ltd.) was formed in 2001

Paramount Health Services TPA Pvt. Ltd. obtained license from Insurance Regulatory and Development Authority of India to act as a Third-Party Administrator in 2002

Recipient of 'TPA of the Year' award for 3 consecutive years at the India Insurance Summit & Awards (2017, 2018 & 2019) 

Paramount is presently servicing more than  

50 lakh

lives managing




Policies and an additional

4 crore

lives managing

State Government Health Policies.

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