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Bajaj Allianz Life Insurance

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Bajaj Allianz Life Insurance Company Limited
Company typePrivate Limited
IndustryInsurance Services
Founded2001
Headquarters
Pune
,
India
Area served
Worldwide
Key people
Anuj Agarwal (MD & CEO) [1]
ProductsLife Insurance
Total assetsINR 4,361,583[2]
ParentBajaj Finserv, Allianz SE
Websitewww.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 Anuj Agarwal,[4] who is the Managing director and Chief Executive Office of the company.

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.

References

  1. ^ "List of Insurers". irda. Retrieved 4 December 2014.
  2. ^ "Annual Report 2014-2015" (PDF). bajajallianz.
  3. ^ "Company Overview of Bajaj Allianz Life Insurance Company Limited". investing.businessweek.com. Retrieved 10 February 2014.
  4. ^ "Company Overview of Bajaj Finserv Limited - Anuj Agarwal". bloomberg.com.
  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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