Bajaj Allianz Life Insurance

Bajaj Allianz Life Insurance Company Limited
Limited
Industry Insurance Services
Founded 2001
Headquarters Pune, India
Area served
 Worldwide
Key people
 Tarun Chugh (MD & CEO) [1]
Products Life Insurance
Total assets INR 4,361,583[2]
Parent Bajaj Finserv, Allianz SE
Website www.bajajallianzlife.com

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]

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

  1. ↑ "Bajaj Allianz Life Insurance". business-standard.com. Retrieved 1 Apr 2017.
  2. ↑ "Annual Report 2015-2016" (PDF). bajajallianzlife.
  3. ↑ "Company Overview of Bajaj Allianz Life Insurance Company Limited". investing.businessweek.com. Retrieved 10 February 2014.
  4. ↑ "Company new CEO and MD - Tarun Chugh". peoplematters.in.
  5. ↑ "Bajaj Allianz Life Gets CARE AAA Rating for the Second Consecutive Year". newsvoir.com. Retrieved 3 March 2015.
  6. ↑ "Bajaj Allianz Life Insurance company Info". smartinvestments.com.
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