Bharti AXA General Insurance

Bharti AXA General Insurance Company Ltd.
Industry General Insurance
Founded 2008
Headquarters Mumbai India
Area served
 India
Key people
 Sanjeev Srinivasan - Chief Executive Officer and Managing Director[1]
Products Car insurance, two-wheeler insurance, health insurance, critical illness insurance, personal accident insurance, home insurance & travel insurance
Website www.bharti-axagi.co.in

Bharti AXA General Insurance Company Ltd. is a joint venture between Bharti Enterprises and AXA business Group that operates in India. Bharti Enterprises shares 51% stake in the venture while AXA Group shares 49% stake. The company offers general insurance products to retail and commercial clients.[2][3]

Bharti AXA started its operations in India from August 2008. Currently, it has 79 branches around the country. The company is the first one in the general insurance industry to receive dual certifications of ISO 9001:2008 and ISO 27001:2005. It is headed by Sanjeev Srinivasan, who is CEO and the Managing Director

History

Bharti AXA General Insurance Company is a joint venture between Bharti Enterprises (a leading business group with interests into telecom, agro business, financial services, manufacturing, and retail sector) and AXA Group (an international insurance and asset management company operating out of France). The company was incorporated on 13 July 2007 and commenced its national operations in August 2008. It is headquartered in Mumbai and operates at 100 locations around the country.[4]

Products and services

Bharti AXA General Insurance Company Ltd is a general insurance company that primarily offers over 50 products catering to retail, rural, and commercial clients. The primary general insurance products in the domestic category include car insurance, two wheeler insurance, health insurance, critical illness insurance, personal accidental insurance, home insurance, and travel insurance. Bharti AXA General Insurance Company also offers commercial products such as commercial vehicle insurance, third party motor liability insurance, commercial line, and SME package.

Awards and recognition

2011

  • Personal Lines Growth Leadership Award 2011 at the India Insurance Awards 2011.[5]
  • Award for consistent performance and growth from the period of 2008 to 2011.[6]

2012

  • Best Product Innovation Award 2012 and Commercial Lines Growth Leadership Award 2012 at the India Insurance Awards 2012.[7][8]

2013

  • Finnoviti: Editor's choice award for service innovation 2013[9][10]
  • Outstanding Performance in Insurance Category Award 2013[11]

2014

  • Excellence Award by the Institute of Economic Studies in March 2014.[12][13]
  • Asia Insurance Industry Awards 2014 for Tech Initiative of the Year[14]
  • Proclaimed the 'Best Insurance Company in the Private Sector - General' by the World HRD Congress at the BFSI Awards, 2014.[15][16]

References

  1. ↑ "Bharti AXA General Insurance - CEO & MD". Bharti AXA General Insurance.
  2. ↑ "AXA increases stake in Indian insurance joint ventures to 49%". livemint.
  3. ↑ "AXA increases stake to 49% in JVs with Bharti Enterprises". The Economics Times.
  4. ↑ "About Bharti AXA General Insurance Company Limited". Bharti AXA General Insurance.
  5. ↑ "Bharti AXA General Insurance proud winner of "Personal Lines Growth Leadership Award" 2011". Indiaprwire.
  6. ↑ "Consistent and strong growth in volumes, revenues and client base for 3 years". Capitalmarket.com. Archived from the original on 2016-12-20.
  7. ↑ "Bharti AXA General Insurance awarded the prestigious 'Commercial Lines Growth Leadership Award 2012' and 'Best Product Innovation Award 2012' at the India Insurance Awards 2012". The Hindu.
  8. ↑ "The Indian Insurance Awards 2012 – 2nd Edition". Fintelekt.
  9. ↑ "Bharti AXA General Insurance Wins Editor's Choice Award for Service Innovation at Banking Frontier's Finnoviti". PR Newswire.
  10. ↑ "Press Release Source:Bharti AXA General Insurance Category:Business and Finance Bharti AXA General Insurance Wins Editor's Choice Award for Service Innovation at Banking Frontier's Finnoviti 09/12/2013 Bharti AXA General Insurance Wins Editors Choice Award for Service Innovation at Banking Frontier's Finnoviti". PTI News.
  11. ↑ "Bharti AXA Awards". Bharti AXA General Insurance.
  12. ↑ "Bharti AXA General Insurance awarded 'Excellence Award' by the Institute of Economic Studies". Indiaprwire.
  13. ↑ "Bharti AXA General Insurance Awarded 'Excellence Award' by the Institute of Economic Studies". The Telegraph.
  14. ↑ "18th Asia insurance industry awards 2014: Winners to stand tall". Asia Insurance Review.
  15. ↑ "Bharti AXA General Insurance Awarded Best Private Insurance Company for General Insurance in India". PR Newswire.
  16. ↑ "Bharti AXA, one of the fastest growing general insurance cos". Moneycontrol.com.
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