Bajaj Allianz Life Insurance
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Type | Private |
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Industry | Insurance services |
Founded | 2001 |
Headquarters | , India |
Area served | Worldwide |
Key people | Tarun Chugh (MD & CEO) [1] |
Products | Life insurance |
Total assets | INR 56,620 Cr [2] |
Parent | Bajaj Finserv, Allianz SE |
Website | www |
Bajaj Allianz Life Insurance is a joint venture between Bajaj Finserv Limited (formerly part of Bajaj Auto Limited) owned by the Bajaj Group of India and Allianz SE, a European financial services company. Being one of the private insurance companies in India, it offers insurance products for financial planning and security.[3]
It is led by Tarun Chugh who is the Managing director and Chief Executive Officer of the company. [4]
History[]
Bajaj Allianz Life Insurance began operations on 12 March 2001 and today has a pan-India presence of 759 branches.[5] It is headquartered in Pune, India. Bajaj Allianz Life Insurance received the Insurance Regulatory and Development Authority (IRDA) certificate of Registration on 3 August 2001 to conduct Life insurance business in India.[6]
Key people[]
- Tarun Chugh as Managing Director and CEO
- Kayzad Hiramanek as Chief Operations & Customer Experience[7]
- Sameer Joshi as Chief Agency Officer[8]
Products and services[]
Bajaj Allianz Life Insurance offers a range of insurance services, operating through Participating, Non-Participating, and Linked segments.
Bajaj Allianz Life Insurance launches digital branches through Mosambee. Mosambee is a handheld device that offers the services of a mobile branch and assists customers with an entire range of customer services.
References[]
- ^ "Bajaj Allianz Life Insurance". business-standard.com. Retrieved 1 April 2017.
- ^ "Annual Report 2015-2016" (PDF). bajajallianzlife.[permanent dead link]
- ^ "Company Overview of Bajaj Allianz Life Insurance Company Limited". investing.businessweek.com. Retrieved 10 February 2014.
- ^ "Company new CEO and MD - Tarun Chugh". peoplematters.in.
- ^ "Bajaj Allianz Life Gets CARE AAA Rating for the Second Consecutive Year". newsvoir.com. Retrieved 3 March 2015.
- ^ "Bajaj Allianz Life Insurance company Info". smartinvestments.com.
- ^ Dubey, Navneet (3 March 2021). "Digitalization helped maintain persistency levels of insurance policies". mint. Retrieved 10 September 2021.
- ^ Srivats, K. R. "Post Covid insurance landscape: When life insurers pivot to guaranteed income products". @businessline. Retrieved 10 September 2021.
External links[]
- Bajaj Group
- Allianz
- Multinational joint-venture companies
- Financial services companies established in 2001
- Life insurance companies of India
- Financial services companies based in Pune
- 2001 establishments in Maharashtra