Requirement
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Franchise	https://www.bajajallianz.com/Corp/aboutus/general-insurance-contact-us.jsp

Important Notes

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Bajaj Allianz General Insurance Company Ltd.

Address : GE Plaza, Airport Road, Yerawada, Pune 411 006.

Customer Care

BSNL : 1800- 209- 5858

TATA : 1800- 22- 5858

BHARTI : 1800- 102- 5858

OTHER : 020-30305858

Email Address : [email protected]

Toll Free No.

Telephone Number : 1800- 209- 0144

Email Address : [email protected]

Calling Number

Telephone Number : (+91 020) 66026666

Fax Number : (+91 020) 66026667

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It is a joint venture between Bajaj Finserv Limited (recently demerged from Bajaj Auto Limited) and Allianz SE. Both enjoy a reputation of expertise, stability and strength.

Bajaj Allianz received the Insurance Regulatory and Development Authority (IRDA) certificate of Registration on 2nd May, 2001 to conduct various businesses (including Health Insurance business) in India. The Company has an authorized and paid up capital of Rs 110 crores. Bajaj Finserv Limited holds 74% and the remaining 26% is held by Allianz, SE.

As on 31st March 2016, Bajaj Allianz continues to be one of the most financially robust insurers in the industry by maintaining its growth as well as profitability. The company has made a profit before tax of Rs. 771 crore and emerged as the most profitable insurer recording a profit after tax of Rs.564 crore. The company reported a GWP of Rs. 5901 crore, which has grown by 11.3% compared to the last fiscal, despite claims post Chennai Floods.

For the 10th consecutive year, Bajaj Allianz General Insurance has received iAAA rating from ICRA, indicating the highest claims paying ability and a fundamentally strong position in the industry. The first accreditation was received in 2005-06 and the company has maintained this rating since then

Bajaj Allianz General Insurance was recognised as the Aon Best Employer 2016 highlighting the company's excellence in promoting a transparent culture and healthy work environment along with designing employee friendly policies. The award was an outcome of the Aon Best Employers 2016 Study which was conducted in partnership with Businessworld and Bloomberg TV. The company was chosen as one of the best Health Insurance Providers of the Year by Outlook Money Awards 2015, for best-in-class and innovative products and services and exceptional claims management processes

Bajaj Allianz General Insurance was conferred the Economic Times Best Corporate Brand Award as an outcome of Economic Times Best Brands Survey 2016 identifying the company as one of the best brands according to the consumers in urban India. The company was recognized as the Most Admired Health Insurance Company of the Year by Pharma Leaders Power Brands Awards 2015 recognizing its contribution in the health insurance space and exceptional claim settlement services to their customers.

The company was ranked 2nd amongst top health insurance brands in the country on the basis of customer loyalty according to a syndicated survey conducted by Indian Market Research Bureau (IMRB). Bajaj Allianz General Insurance awarded The Silicon Valley Business Award 2015 under the categories Best Financial app and Best overall app categories for its innovation - Insurance Wallet. The awards recognize the leading companies and world-class brands which are leveraging apps and innovative technology devices as a part of their broader cross-platform business strategies.

The company was awarded the Claims Award Asia 2015, for the third consecutive year, this time under the categories of Insurer Claims team of the Year for claim settlement during J & K floods and Claims Innovation of the Year for introducing innovative claim settlement practices in health claims. Previously, the company had won the Insurer Claims Team of the Year Award 2014 for superior Health Claim Management practices and Claims Innovation of the Year Award 2013 for introducing Tablet Based Application for settlement of Motor Claims.

Core Values

At Bajaj Allianz General Insurance, they..

- Set new benchmarks of excellence

- Are open to new ideas for raising the bar

- Take pride in their work and excel in what they do

Customer First Always

At Bajaj Allianz General Insurance, they..

- Treat all customers with warmth and respect

- Understand and manage customer expectations

- Listen and are empathetic to the customer

- Engage with the customer in the long term

Spirit of Adventure

At Bajaj Allianz General Insurance, they..

- Lead change

- Look for opportunities to innovate at every level

- Empower others to take responsible decisions

- Show tolerance for failure

Trust

At Bajaj Allianz General Insurance, they..

- Are accessible to all

- Are fair and transparent

- Are open to feedback

- Keep commitments

- Trust each other to do a good job and give due credit

- Own up to mistakes

Shared Ownership

At Bajaj Allianz General Insurance, they..

- Take collective ownership for success and failure

- Respect divergent views and own the decisions taken

- Put organizational interest above team and individual interests

- Consciously include and respect people from different backgrounds

High Standards

At Bajaj Allianz General Insurance, they..

- Set new benchmarks of excellence

- Are open to new ideas for raising the bar

- Take pride in their work and excel in what they do

Share Holders

Bajaj Finserv Limited

Bajaj Finserv Limited has been recently demerged from Bajaj Auto Limited which is the largest manufacturer of two and three-wheelers in India. As a promoter of Bajaj Allianz General Insurance Company Ltd., Bajaj Finserv Ltd; has the following to offer :

- Vast distribution network through its group companies.

- Knowledge of Indian consumers.

- Financial strength and stability to support the insurance business.

Allianz SE, Germany

Allianz SE is in the business of General (Property & Casualty) Insurance; Life & Health Insurance and Asset Management and has been in operation for over 110 years. Allianz is one of the largest global composite insurers with operations in over 70 countries. Further, the Group provides Risk Management and Loss Prevention Services. Allianz has insured most of the world's largest infrastructure projects (including Hong Kong Airport and Channel Tunnel between UK and France), further Allianz insures majority of the fortune 500 companies. Besides being a large industrial insurer, Allianz has a substantial portfolio in the commercial and personal lines sector, using a wide variety of innovative distribution channels.

Allianz SE has the following to offer Bajaj Allianz General Insurance Company Ltd :

- Set up and running of General insurance operations

- New and improved international products

- One of the world's leading insurance companies

- More than 700 subsidiaries and 2 lac employees in over 70 countries worldwide

- Provides insurance to almost half the Fortune 500 companies

- Technology

Other Similar Businesses

As a responsible, customer focused market leader, they will strive to understand the insurance needs of the consumers and translate it into affordable products that deliver value for money.

The promoters have also incorporated a Life insurance Company in India, called Bajaj Allianz Life Insurance Company Limited to provide life insurance solutions.

Vision

- To be the first choice insurer for customers

- To be the preferred employer for staff in the insurance industry

- To be the number one insurer for creating shareholder value

Mission

As a responsible, customer focused market leader, they will strive to understand the insurance needs of the consumers and translate it into affordable products that deliver value for money.

A Partnership Based on Synergy

Bajaj Allianz offers technical excellence in all areas of General and Health Insurance, as well as Risk Management. This partnership successfully combines Bajaj Finserv's in-depth understanding of the local market and extensive distribution network with the global experience and technical expertise of the Allianz Group. As a registered Indian Insurance Company and a capital base of Rs. 110 crores, the company is fully licensed to underwrite all lines of insurance business including health insurance.

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