Bajaj Allianz General Insurance

Bajaj Allianz General Insurance Company Limited is a leading general insurance company in India, offering a range of insurance products, including motor insurance, health insurance, travel insurance, home insurance, and more. Here's an overview of its history, profile, and financials:

History:
Bajaj Allianz General Insurance Company Limited was established in 2001 as a joint venture between Bajaj Finserv Limited, a financial services company in India, and Allianz SE, a German multinational financial services company. The company has since then grown rapidly and has become a leading player in the general insurance segment in India.

Profile:
Bajaj Allianz offers a comprehensive range of general insurance products and services to individuals, families, and businesses. The company has a strong distribution network with a presence in more than 1,100 cities in India. It also offers online insurance buying and policy management services to its customers. Bajaj Allianz is committed to delivering a seamless customer experience and has won several awards and accolades for its customer-centric approach.

Financials:
Bajaj Allianz has been consistently growing its business and has become one of the largest general insurance companies in India. As of March 31, 2021, the company had a gross written premium of INR 13,343 crore (approx. USD 1.8 billion) and a profit after tax of INR 1,330 crore (approx. USD 179 million) for the financial year 2020-21. The company has a strong balance sheet and is well-capitalized to meet its financial obligations to its customers. Bajaj Allianz also has a strong credit rating from leading credit rating agencies, which reflects its financial strength and stability.

Bajaj Allianz General Insurance Company Limited is a joint venture between Bajaj Finserv Limited (recently demerged from Bajaj Auto Limited) and Allianz SE.

Bajaj Allianz General Insurance received the Insurance Regulatory and Development Authority (IRDA) certificate of Registration on 2nd May, 2001 to conduct General Insurance business (including Health Insurance business) in India.

Bajaj Allianz General Insurance Co. Ltd.

Head Office
Address : GE Plaza 1 st Floor, Airport Road, Yerawada,Pune 411006
Tel : +91-020-66026666
Fax : +91-020-66026667
Email : info@bajajallianz.co.in

Web : https://www.bajajallianz.com/