Bajaj Allianz

INSURANCE THAT CARES FOR YOU

The Contents
About Us
01

An Overview
02

Types of Coverages
03

Why to choose Us
04
About Us
Bajaj Finserv Limited is an Indian non-banking financial services company headquartered in
Pune. It is focused on lending, asset management, wealth management, and insurance.
The financial services and wind energy businesses were transferred to Bajaj Finserv Limited
(BFS) as part of the concluded demerger from Bajaj Auto Limited, approved by the High Court
of Judicature at Bombay by its order dated 18 December 2007. It is a financial conglomerate
with stakes in the financing sector (Bajaj Finance), the life insurance business (Bajaj Life
Insurance), and the general insurance business (Bajaj General Insurance). Bajaj Holdings and
Investments Limited is the parent company which holds 39.29% stake in Bajaj Finserv. The former
has been registered as a Non–Banking Financial Company (NBFC) under the Registration No. N–
13.01952 dated 29 October 2009 with Reserve Bank of India (RBI). The company employs over
20,154 employees at 1,409 locations, and is engaged in consumer finance businesses, life
insurance, and general insurance. Apart from financial services, it is also active in wind energy
generation with an installed capacity of 65.2 MW. In the quarterly results for June 2022, the
company's board of directors has approved the sub-division of its equity shares in a ratio of 1:5.
 An Overview
Founded Founder Headquarters Key People

May 2007 (15 years Sanjiv Bajaj

Jamnalal Bajaj Pune, Maharashtra,
ago) (Chairman, MD &
India
CEO)

Revenue Net Income Total Assets No. of

employees

₹68,438 crore ₹8,313 crore ₹333,718 crore 26,969

Term Insurance
ULIPS
Savings Plan
Investment Plan
HealthCare Plan
Retirement Plan
Child Insurance Plan
 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. Today through its digital
offices it has reached out to over 1000 new Tier 2 and 3
towns across India. The Company has a strong focus on
customer centricity and aims at delivering superior value
with an excellent and caring experience for the customer.
Today the Company is taking its relationships with the
customers beyond insurance, by offering them a plethora
of digitised customer-centric initiatives.
The Company registered strong financial results by
posting revenue of ₹ 3,119 crore in Q1 FY 2022-23. The
company recorded a net profit of ₹ 411 crore. Bajaj Allianz
General Insurance also reported a healthy Combined
Ratio of 104% and solvency Ratio of 349% for the period.