Bajaj Allianz General Insurance Company Limited is a result of the joint venture between Bajaj Finserv Limited and Allianz SE. Bajaj Finserv Limited recently demerged from Bajaj Auto Limited. On the other hand, Allianz SE has enabled millions of individuals, businesses, and communities to handle their risks and grow sustainably effectively.
Bajaj Allianz is one of the top insurers providing excellent customer service.
Bajaj Allianz received the Insurance Regulatory and Development Authority of India (IRDAI) certificate of Registration on 2nd May 2001. On getting IRDAI approval it started conducting various general businesses (including Health Insurance business) in India. Bajaj Allianz General Insurance company's head office is located in Pune. The company has an authorized and paid-up capital of Rs 110 crores. Bajaj Finserv Limited holds 74%, and Allianz, SE owns the remaining 26%. The company registered a revenue growth of 15.6% to Rs. 12,833 crore, 28.1% increase in net profit to Rs 999 crore over the last fiscal year as of 31st March 2020.
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, we 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.
Source – Official website of Bajaj Allianz General Insurance Company
Customer first always
Treat all customers with warmth and respect
Understand and manage customer expectations
Listen and be empathetic to the customer
Engage with the customer in the long term
Spirit of adventure
Lead change
Look for opportunities to innovate at every level
Empower others to take responsible decisions
Show tolerance for failure
Trust
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
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
Set new benchmarks of excellence
Are open to new ideas for raising the bar
Take pride in our work and excel in what we do
Bajaj Allianz Company Offers
Bajaj Allianz General Insurance Company offers comprehensive insurance solution in the following categories:
Claim Ratio
Online Payment Process
Bajaj Allianz provides you services where you can pay for your insurance policy online. Once you decide on the policy, you will get options to pay the premium amount with preferred payment gateway like credit cards, EMI, Net Banking, debit cards, wallets/cash cards etc. Select your payment method and do the payment online.
Offline Payment Process
To do offline payment, you will need to visit the branch office of Bajaj Allianz general insurance. You will be asked to fill a form with your policy details. After filling the form, you can make the payment either in cash, cheque or any other payment method allowed by the branch.
Online Renewal Process at Bajaj Allianz Insurance Company
Simply log on to the Bajaj Allianz general insurance website.
You will be then asked to put your existing policy detail and other details depending upon the insurance product.
Once you get access to your existing policy page, you will see a renewal option. All you have to do is to verify the details of the renewal plan and accept it.
You will then get directed to the payment page and once you make the payment, the soft policy document will be emailed to you almost instantly.
In case you get stuck, you can call the customer service advisor of Bajaj Allianz who will guide you with the online renewal process.
Joining the Bajaj Allianz family from another insurer?
You can port/switch your insurance policy from another insurer to Bajaj Allianz and retain the NCB cover and also the waiting period won’t get reset to zero for the pre-existing diseases.
Awards Won by Bajaj Allianz Insurance Company
Bajaj Allianz has won many awards, some of those are:
Non-Life Insurer of Year Award at Outlook Money Awards 2017
General Insurance Company of the Year at the India Insurance Summit & Awards 2018
Finnoviti Award 2018
Today's Traveller Award 2017
Fintelekt Insurance Awards 2017
Achievements of Bajaj Allianz Insurance Company Limited
Asia's Most Valuable Brand by White Page International
Best BFSI Brands 2018 by Economic Times
India's Most Trusted Power Brand 2017 by Planman Medi
Asia's Most Promising Brand 2017 - WCRC
India's Most Admired Brands 2015-16
What kind of policies are available online with Bajaj Allianz Insurance Company Limited?
Bajaj Allianz has a wide range of policies providing small scale and large-scale insurance solutions in the following categories:
How to renew Bajaj Allianz insurance policy online?
You can log in to Bajaj Allianz company website and put it your policy details on the online portal. You will get access to your policy online and option for renewal. Just click on the renewal option, review the terms and conditions and make the payment choosing the different payment gateway options available. You will get the soft copy immediately via email and a hard copy will be sent in the mail in few days.
How can I contact Bajaj Allianz for health insurance?
You can fill the online form on the website asking them to contact you. You can also call them on the customer service number available on the website for assistance on health insurance.
What does my Bajaj Allianz vehicle policy cover?
Bajaj Allianz vehicle policy covers your vehicle financially from loss/damages due to an accident, theft and other natural or man-made risks and danger. The vehicle policy has different plans covering private and commercial vehicles and also has options on coverage like third party insurance or comprehensive insurance.
Is my vehicle covered for all purposes other than personal and business use?
No, as per the terms and conditions mentioned, your policy will cover your vehicle. There is a separate policy for personal and business use. Check what is included and excluded in your vehicle insurance before buying a vehicle policy.
Is there any network of hospitals if I go with Bajaj Allianz overseas medical insurance?
No, there is no network hospital overseas for Bajaj Allianz overseas medical insurance.
What are the benefits of Bajaj Allianz travel insurance policy?
Bajaj Allianz travel policy covers the medical expenses of the insured overseas. Read the travel insurance brochure to get the details on the benefits of a particular travel insurance plan.
Where should I call for claims assistance while I am abroad?
You can call on the below numbers for assistance when you are travelling to any of the below-mentioned countries with Bajaj Allianz Travel Insurance.
Originating and Country Dialled Number
USA: (001)-186658 76903
Canada: (001)-186691 43705
Austria: (043)-990+800 10002005
Belgium: 990+800-10002005
Denmark: (045)-990+800 10002005
France: (033)-990+800 10002005
Germany: (049)-990+800 10002005
Hungary: (036)-990+800 10002005
Ireland: (353)-990+800 10002005
Italy: (039)-990+800 10002005
Malaysia: (060)-990+800 10002005
Netherlands: (031)-990+800 10002005
New Zealand: (064)-990+800 10002005
Norway: (047)-990+800 10002005
Philippines: (063)-990+800 10002005
Portugal: (351)990+800 10002005
Spain: (034)-990+800 10002005
Sweden: (046)-990+800 10002005
Swizerland: (041)-990+800 10002005
UK: (044)-990+800 10002005
Finland: (358)-990+800 10002005
Finland: (358)-990+800 10002005
Hong Kong: (852)-001+800 10002005
Israel: (972)-014+800 10002005
Singapore: (065)-001+800 10002005
So. Korea: (082)-001+800 10002005
So. Korea: (082)-002+800 10002005
Thailand: (066)-001+800 10002005
Japan: (081)-0041-010+800 10002005
Japan: (081)-0061-010+800 10002005
Japan: (081)-0033-010+800 10002005
Japan: (081)-001-010+800 10002005
Australia: (061)-0011+800 10002005
How can I pay my Bajaj Allianz premium online?
You can pay your Bajaj Allianz Premium via the ‘Quick pay’ option on the official website of Bajaj Allianz.
How can I check my Bajaj Allianz policy status online?
You can check your Bajaj Allianz policy status online on the official website of Bajaj Allianz. Following are the steps if you are an existing customer-
How can I pay my car insurance premium online?
To pay your car insurance premium online, you can log on to the official website of your insurance provider and make the payment. Alternatively, if you have purchased your policy from Coverfox, you can make your premium payment on www.coverfox.com by submitting your policy details.
