Bajaj Allianz General Insurance completes 20 years

Bajaj Allianz General Insurance has recently completed 20 years of its operations on May 2, 2021. The company has a revenue of Rs. 12,624 crore in FY 20-21, and about 11 crore customers. The company has 9,000 employees across 1,000 locations pan India and has more than 80,000 agents and about 240 bancassurance partners. It also has 9,000 motor dealer partners.

Bajaj Allianz General Insurance is associated with motor manufacturers, brokers, web aggregators, and major e-commerce platforms. It is also a part of schemes like Pradhan Mantri Jan Arogya Yojana, Pradhan Mantri Fasal Bima Yojana, Restructured Weather Based Crop Insurance Scheme, and others.

Tapan Singhel, MD and CEO, Bajaj Allianz General Insurance, commented, “We will continue to work towards increasing the penetration of insurance by being available at every touchpoint. Our aim is to bring in more people under the ambit of insurance.”