Bajaj Allianz General Insurance Company Limited

Bajaj Allianz General Insurance Co. Ltd. is one of India's leading private sector insurance companies.

The organization's Operational Risk Management process is ISO 9001:2015 certified.

Recently, the Company changed its brand identity to ‘Caringly Yours’.

It offers the following general insurance policies - Motor Insurance,  Health Insurance,  Travel Insurance,  Home Insurance,  Cyber Insurance,  Commercial Insurance

Bajaj Allianz General Insurance Company Limited is a joint venture between Allianz SE and Bajaj Finserv Limited.  Bajaj Finserv Limited holds 74% and the remaining 26% is held by Allianz, SE.

On May 2, 2001, the company received a certificate of registration from IRDA to conduct general insurance business in India. It will complete 21 years on May 2, 2022.

With offices in over 1100 Indian towns and cities, it now has a pan-India presence. It has been continuously expanding its operations to reach out to its customers.

It has over 9000 employees, a distribution network of over 80,000 agents, almost 9,000 motor dealer partners and over 240 bank partners.

It is also associated with most brokers, web aggregators and major e-commerce platforms.

In FY 2021-22, the company reported strong financial results, with revenue of Rs. 13,788 crores.  The company recorded a net profit of Rs. 1,339 crores.

The company also reported a healthy Combined Ratio of 99.6% and a Solvency Ratio of 344% for the period.

The Company has been working continuously on the automation and digitization of its service offerings.

It introduced Cyber Insurance protection for individuals and launch comprehensive retail Pet Dog Insurance.

Awards:

- Best Insurer in India 2020 by IDC Financial Insights Innovation Awards - Best Customer Experience 2020 & Best Brand Experience 2020 by the CX Asia Excellence Awards

Awards:

- Gold Award at the prestigious Outlook Money Awards 2020 for the Non-Life Insurer Category - Best Travel Insurance award by Outlook Traveller - Best Motor Insurance Provider of the year award from Money today

To download the mobile app platform "Caringly Yours" by Bajaj Allianz General Insurance Company, click here-