Indian Operations

Bajaj Allianz Life Insurance Company Limited is a joint venture between two leading conglomerates Allianz AG and Bajaj Auto Limited.

Characterized by global presence with a local focus and driven by customer orientation to establish high earnings potential and financial strength, Bajaj Allianz Life Insurance Co. Ltd. was incorporated on 12th March 2001. The company received the Insurance Regulatory and Development Authority (IRDA) certificate of Registration (R3) No 116 on 3rd August 2001 to conduct Life Insurance business in India.

Bajaj Allianz- THE PRESENT

• Product tailored to suit your needs
• Decentralised organisation structure for faster response
• Wide reach to serve you better – a nationwide network of 700 + branches
• Specialised departments for Bancassurance, Corporate Agency and Group Business
• Well networked Customer Care Centres (CCCs) with state of art IT systems
• Highest standard of customer service & simplified claims process in the industry
• Website to provide all assistance and information on products and services, online buying and online renewals.
• Toll-free number to answer all your queries, accessible from anywhere in the country – Call Now 1800 22 5858 and a strong tele-marketing and Direct marketing team
• Swift and easy claim settlement process
  

Having pioneered the phenomenon, Bancassurance is one our core business strategies. Two of our strong Bancassurance tie-ups are:

• Standard Chartered Bank
• Syndicate Bank

We have developed a range of life insurance products exclusively for our Bancassurance partners. Also, Our products are customized to suit specific needs of banks

Allianz Group is one of the world's leading insurers and financial services providers.

Founded in 1890 in Berlin, Allianz is now present in over 70 countries with almost 174,000 employees. At the top of the international group is the holding company, Allianz AG, with its head office in Munich.

Allianz Group provides its more than 60 million customers worldwide with a comprehensive range of services in the areas of

• Property and Casualty Insurance,
• Life and Health Insurance,
• Asset Management and Banking.

ALLIANZ AG- A GLOBAL FINANCIAL POWERHOUSE

• Worldwide 2nd by Gross Written Premiums - Rs.4,46,654 cr.
• 3rd largest Assets Under Management (AUM) & largest amongst Insurance cos. - AUM of Rs.51,96,959 cr.
• 12th largest corporation in the world
• 49.8 % of global business from Life Insurance
• Established in 1890, 110 yrs of Insurance expertise
• 70 countries, 173,750 employees worldwide

A STRONG INDIAN BRAND- HAMARA BAJAJ

• One of the largest 2 & 3 wheeler manufacturer in the world
• 21 million+ vehicles on the roads across the globe
• Managing funds of over Rs 4000 cr.
• Bajaj Auto finance one of the largest auto finance cos. in India
  Rs. 4,744 Cr. Turnover & Profits of 538 Cr. in 2002-03
• It has joined hands with Allianz to provide the Indian consumers with a distinct option in terms of life insurance products.
• As a promoter of Bajaj Allianz Life Insurance Co. Ltd., Bajaj Auto has the following to offer -
• Financial strength and stability to support the Insurance Business.
• A strong brand-equity.
• A good market reputation as a world class organization.
• An extensive distribution network.
• Adequate experience of running a large organization.