Bajaj Allianz General Insurance Company Limited is a joint venture between Allianz SE, the world’s leading insurer, and Bajaj Finserv Limited. The Company received the certificate of registration from IRDA on 2nd May 2001 to conduct general insurance business in India. Today, the Company is one of the largest private insurers in the industry with a presence in over 900 locations.

On May 2nd, 2021 the Company completed 20 years of Care. In its two-decades-long journey, the Company rose from a humble start-up to an industry leader. The Company gained the trust of close to 12 crore customers with the help of over 7500 employees, a robust distribution network of more than 80,000 agents, almost 9,000 motor dealer partners, and about 240 bank partners. The Company is associated with most brokers, web aggregators, and major e-commerce platforms. The Company has formed meaningful relationships with its partners, customers, and employees in the course of its journey so far.

Bajaj Allianz General Insurance caters to individuals across demographics of the country and the corporate sector with its wide range of products and services that go beyond insurance. The Company is not only bringing insurance solutions to the customers’ doorstep but also improving insurance penetration, with its advanced digital and mobile applications. The Company has a strong focus on customer centricity and aims at delivering superior value with an excellent and caring experience for the customer. The company has been always at the forefront of ground-breaking initiatives and has continued to revolutionize the Indian Insurance landscape.

The Company registered strong financial results by posting revenue of ₹ 3,821 crore in Q3 FY 2022-23. The company recorded a net profit of ₹ 278 crore. Bajaj Allianz General Insurance also reported a healthy Combined Ratio of 100.3% and a Solvency Ratio of 373% for the period.