Allianz AG was founded in Berlin in 1890 and shifted its headquarters to Munich in 1949. The first step to become an international company started with the opening of a branch office in London in the late 19th century. After World War II, global business activities were gradually resumed. Allianz opened an office in Paris in the late 1950s, and a management office for Italy in the 1960s. These expansions were followed in the 1970s by the establishment of business in Great Britain, the Netherlands, Spain, Brazil and the United States. In 1986, Allianz acquired Cornhill Insurance PLC, London, and the purchase of a stake in Riunione Adriatica di Sicurità (RAS), Milan, strengthened its presence in Western and Southern Europe in the 1980s. Recently, in February 08, 2006, RAS Shareholders approved the mergers with Allianz. In 1990, Allianz started an expansion into eight Eastern European countries with establishing a presence in Hungary. In the same decade, Allianz also acquired Fireman’s Fund, an insurer in the United States, which was followed by the purchase of Assurances Generales de France (AGF), Paris. These acquisitions were followed by the expansion into Asia with several joint ventures and acquisitions in China and South Korea. Around this time Allianz expanded its asset management business as well by purchasing for example asset management companies in California.In 2001, Allianz acquired Dresdner Bank, a large German bank. Allianz Group and Dresdner Bank combined their asset management activities by forming Allianz Dresdner Asset Management. In 2002 Michael Diekmann succeeded Henning Schulte-Noelle as CEO of Allianz AG. The Allianz Group was reincorporated under a European Company Statute and, as a result of the cross-border merger with RAS, Allianz converted into a European Company (SE - Societas Europaea) in October 13, 2006.Allianz is now present in more than 70 countries with over 177,000 employees. At the top of the international group is the holding company, Allianz SE, with its head office in Munich. Allianz Group provides its more than 60 million customers worldwide with a comprehensive range of services in the areas of• property and casualty insurance,• life and health insurance,• asset management and banking.
Why Bajaj Allianz Life Insurance?
Bajaj Allianz Life Insurance Company Limited is a Union between Allianz SE, one of the world’s largest Life Insurance companies and Bajaj Auto, one of the biggest 2- &- 3 wheeler manufacturers in the world.Allianz SE is a leading insurance conglomerate globally and one of the largest asset managers in the world, managing assets worth over a Trillion Euros (Over R. 55,00,000 crores). Allianz SE has over 115 years of financial experience in over 70 countries.Bajaj Auto is one of the most trusted name is Indian auto for over 55 years.At Bajaj Allianz Life Insurance customer delight is our guiding principle. Ensuring world-class solutions by offering customized products with transparent benefits, supported by best technology is our business philosophy.
Key Achievements :• Have sold over 50,00,000 policies to satisfied customers
• Is backed by a network of 876 offices spanning the country
• Accelerated Growth
• Shareholder capital base of Rs 700 cr.
A household name in India teams up with a global conglomerate...
Bajaj Auto Ltd, the flagship company of the Rs. 8000 crore Bajaj group is the largest manufacturer of two-wheelers and three-wheelers in India and one of the largest in the world.A household name in India, Bajaj Auto has a strong brand image & brand loyalty synonymous with quality & customer focus. With over 15,000 employees, the company is a Rs. 4000 crore auto giant, is the largest 2/3-wheeler manufacturer in India and the 4th largest in the world. AAA rated by Crisil, Bajaj Auto has been in operation for over 55 years. It has joined hands with Allianz to provide the Indian consumers with a distinct option in terms of life insurance products.As a promoter of Bajaj Allianz Life Insurance Co. Ltd., Bajaj Auto has the following to offer -
· Financial strength and stability to support the Insurance Business.
· A strong brand-equity.
· A good market reputation as a world class organization.
· An extensive distribution network.
· Adequate experience of running a large organization.
· A 10 million strong base of retail customers using Bajaj products.
· Advanced Information Technology in extensive use.
Growing at a breakneck pace with a strong pan Indian presence Bajaj Allianz Life Insurance has emerged as a strong player in India...
Bajaj Allianz Life Insurance Company Limited is a joint venture between two leading conglomerates Allianz AG and Bajaj Auto Limited. Characterized by global presence with a local focus and driven by customer orientation to establish high earnings potential and financial strength, Bajaj Allianz Life Insurance Co. Ltd. was incorporated on 12th March 2001. The company received the Insurance Regulatory and Development Authority (IRDA) certificate of Registration (R3) No 116 on 3rd August 2001 to conduct Life Insurance business in India. Bajaj Allianz Life Insurance
• Product tailored to suit your needs
• Decentralised organisation structure for faster response
• Wide reach to serve you better – a nationwide network of 876 branches
• Specialised departments for Bancassurance, Corporate Agency and Group Business
• Well networked Customer Care Centres (CCCs) with state of art IT systems
• Highest standard of customer service & simplified claims process in the industry
• Website to provide all assistance and information on products and services, online buying and online renewals.
• Toll-free number to answer all your queries, accessible from anywhere in the country – Call Now 1800 233 7272 or 020-3058788 and a strong tele-marketing and Direct marketing team
• Swift and easy claim settlement process
Tie Ups With Banks
Pioneers of Bancassurance in India...
Having pioneered the phenomenon, Bancassurance is one our core business strategies. Three of our strong Bancassurance tie-ups are:
· Standard Chartered Bank
· Syndicate Bank
· COSMOS Co-op BANK Ltd.
We have developed a range of life insurance products exclusively for our Bancassurance partners. Also, Our products are customized to suit specific needs of banks.
(Additional protection for you and your family)
Bajaj Allianz Life Insurance offers you the flexibility to enhance your basic insurance policy by attaching additional benefits that give more protection to you and your family. You can choose to take all or some of the additional benefits. Bajaj Allianz Life Insurance allows you to redesign your life insurance coverage to suit your needs, providing total protection against these uncertainties.