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About Us

We insure your dreams and ensure that your Life Goals are Done.

Legacy that empowers
Trust that delivers
Protection for all your goals
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  • Overview
  • Awards and Accolades
Overview

Bajaj Allianz Life Insurance Co. Ltd., one of India’s leading private life insurers, is a joint venture between Bajaj Finserv Limited, one of the most diversified non-banking financial institutions in India, and Allianz SE, one of world’s leading global insurer and asset manager. We began operations in August 2001 from our headquarters in Pune, Maharashtra (India).

With a focus on getting Life Goals DONE. Bajaj Allianz Life is committed to offer value-packed and innovative products, which are simple to understand and purchase. They are designed to meet long-term life goals of customers, ranging from protection, wealth creation to retirement solutions and more. These are backed by a suite of tech-enabled services and service touchpoints to ensure we are always available for our customers to manage their Life Goals with us.

To ensure enhanced customer engagement, we have built an extensive distribution network across the country. With 561 branches, over 1,57,259 agents (as on 31 August, 2024), along with several partnerships with key banks, including AXIS, Bandhan, IDFC First amongst others, and a large network of Corporate Agents, we are present where our customers are. Our digital eco-system is also built and strengthened over time to ensure we are available, literally, on the palms of our customers.

With innovation and customer-centricity as our guiding values, we have transformed to being one of the fastest growing life insurers in India. Today, we are the life goals enablers to over 4.09 crore# individuals & Groups (as on 31 August, 2024) and have over ₹1,21,338 crore Assets Under Management (as on 31 August, 2024), with a AAA$ Rating that signifies highest degree of safety regarding timely servicing of financial obligations and Claims Settlement Ratio at 99.23%~ .

Over the last five years, we have disrupted the life insurance industry in several ways, to ensure that our customers enjoy the several benefits their life insurance policy(ies) provide. From introducing first-of-their-kinds product features to innovative services for our customers, ICs and partners alike (e.g. SmartAssist, comprehensive set of services on WhatsApp Business account, QR-code enabled branch services, etc.), several milestones mark our transformation journey this far.

As a brand, Bajaj Allianz Life has also strengthened the trust quotient it enjoys amongst its stakeholders and customers. Our endearing campaigns built on deep customer insights and right marketing analytics have helped build a strong brand recall. We have been recognized thrice for the mega Plankathon event where we broke records for most number of people performing the abdominal plank, simultaneously.

All these achievements have been possible due to the passion of over 26K team members working towards enabling life goals of our customers.

promoters
Bajaj Finserv Ltd.
Allianz SE

 

Bajaj Finserv Limited deals with financial services of the Bajaj Group. Its core businesses are spread across Lending, Insurance and Wealth Advisory.

 

The two insurance companies, Bajaj Allianz General Insurance Company and Bajaj Allianz Life Insurance Company, are joint ventures with Allianz SE, Germany. Bajaj Finserv is the majority partner in the JV and the two companies individually manage operations in general and life insurance spaces.

 

The comprehensive life insurance solutions, technical expertise and experience of Allianz SE combines with the in-depth market knowledge and goodwill of "Bajaj" brand in India. Competitive pricing and customized life insurance solutions have earned Bajaj Allianz Life the customer's trust and market leadership in a very short time. Bajaj Allianz Life Insurance has developed life insurance solutions that cater to every segment and age-income profiles. Currently Bajaj Allianz Life has a strong life insurance portfolio and caters to all kinds of customer needs from ULIPs to Child plans, from group insurance to health insurance. Bajaj Allianz General Insurance has developed general insurance solutionsthat cover a wide range of needs, from health insurance, to motor insurance, to home and travel insurance, and more.

 

The Allianz Group is a global financial services provider with services predominantly in the insurance and asset management business. 88 million retail and corporate clients in more than 70 countries rely on our knowledge, global presence, financial strength and solidity. In fiscal year 2017 over 140,000 employees worldwide achieved total revenues of 126.1 billion euros and an operating profit of 11.1 billion euros. Allianz SE, the parent company, is headquartered in Munich, Germany.

Our Leaders
  • Key Management Persons*
  • The Board Members
  • Leadership Team
  • Mr. Tarun Chugh
    Managing Director and Chief Executive Officer
    Mr. Tarun Chugh
    Managing Director and Chief Executive Officer

    Tarun Chugh is the MD & CEO of Bajaj Allianz Life. He is a seasoned industry veteran with over 25 years of experience in the financial services industry, having spent over sixteen years in leadership roles within the Indian life insurance sector. Tarun was the Managing Director and Chief Executive Officer of PNB Metlife. He has also successfully crossed several professional milestones during his stint with ICICI Prudential Life Insurance, where he was the Chief Distribution Officer. Prior to coming into the life insurance industry, Tarun was an Investment Banker, where he worked for over a decade. Tarun has emerged as a transformational leader, driving tremendous change by adopting turnkey initiatives, across the organizations he has led. He is known for his strategic orientation, which has enabled him to build strong businesses throughout his career. He believes in investing towards strengthening long-term relationships across stakeholder groups. Tarun is also appointed as the Member of the Governing Council of Insurance Information Bureau of India (IIB). He is also serving as a Member of the Distribution Committee of Insurance Regulatory & Development Authority of India (IRDAI). He is a Board of Governor Member of IIM Sambalpur and on the Advisory Board of Christ Lavasa. He is the ex-Elected Member of the Executive Committee of Life Insurance Council of India. Tarun is an alumnus of IIT Delhi and an MBA graduate from IIM, Lucknow. He is married to Simran and has two sons. He enjoys taking adventure and nature holidays with them. Tarun is an avid reader and loves reading across genres.

    Mr. Vipin Bansal
    Chief Financial Officer
    Mr. Vipin Bansal
    Chief Financial Officer

    Vipin Bansal is the Chief Financial Officer at Bajaj Allianz Life Insurance in Pune, Maharashtra, India. With over two decades of experience in Financial Reporting, Risk Management, and M&A, Vipin's expertise in shaping financial strategies spans across diverse sectors, including BFSI, manufacturing, retail, FMCG, logistics, and metals. He joined the Bajaj Finserv Group in 2020, where he has held various roles covering Risk, M&A, Internal Audit, and ESG. Prior to his tenure at Bajaj Finserv Group, Vipin held positions with Price Waterhouse (and its network firms), culminating in his role as a Partner in the firm's Assurance Practice. Vipin is a Chartered Accountant from The Institute of Chartered Accountants of India and holds a Bachelor of Commerce degree from Nagpur University.

    Mr. Anil PM
    Head - Legal, Compliance & FPU
    Mr. Anil PM
    Head - Legal & Compliance and Chief Compliance Officer

    Anil is currently heading the Legal & Compliance function for Bajaj Allianz Life Insurance Co. Ltd. He has been associated with the Company since February 2017. Anil is a seasoned legal & compliance leader with around twenty years of rich experience having substantive exposure & expertise in most areas of laws, regulations, statutes, corporate governance, trademarks, service marks, intellectual property rights & more.

    Mr. Srinivas Rao Ravuri
    Chief Investment Officer
    Mr. Srinivas Rao Ravuri
    Chief Investment Officer

    Srinivas Rao Ravuri, the Chief Investment Officer at Bajaj Allianz Life Insurance, brings nearly three decades of expertise in equity research and fund management across Indian financial markets. He began his career as an analyst in 1994 at India's first boutique equity research firm and spent 25 years covering sectors such as Real Estate, Infrastructure, Industrials, Telecom, and Power. His career includes key roles at top institutions like PGIM India Asset Management, HDFC Asset Management, where he shaped investment strategies and drove growth. He joins Bajaj Allianz Life from PGIM India Asset Management, where he initially played a key role in transforming the AMC into one of the fastest growing. Later, he became their Chief Investment Officer for International Business, responsible for expanding the firm’s global business. Srinivas holds a Bachelor’s degree in Commerce and an MBA from Osmania University, Hyderabad. Beyond his professional achievements, Srinivas is an avid tennis player and nature enthusiast, often spending time outdoors. His passion for Indian classical music further highlights his diverse interests.

    Mr. Rajesh Shanoy
    Company Secretary
    Mr. Rajesh Shanoy
    Company Secretary

    Rajesh Shanoy is the Company Secretary at Bajaj Allianz Life Insurance. He joined the organisation in April 2017. Prior to joining this Company he has worked with Bajaj Finance Limited for more than 5 years. Rajesh has more than 15 years' experience in handling matters related to SEBI and corporate laws, company secretarial, legal, financial, cost and management accounting. He has also worked with leading listed companies in directional media and manufacturing space. Rajesh is a Commerce Graduate, Company Secretary and Cost Accountant by qualifications.

    Mr. Avdhesh Gupta
    Appointed Actuary
    Mr. Avdhesh Gupta
    Appointed Actuary

    Avdhesh Gupta is the Appointed Actuary at Bajaj Allianz Life. He joined the company in June 2019 and is responsible for Actuarial Valuations, Shareholder Reporting, Product Pricing and Financial Risk. A seasoned professional, Avdhesh brings with him over 15 years of experience in the actuarial domain. Prior to joining Bajaj Allianz Life, Avdhesh worked with PricewaterhouseCoopers as the Principal Consultant in Actuarial services. In his earlier stints, he has led multiple roles at Aegon Life Insurance Company, SwissRe and HSBC. Avdhesh is a Fellow of the Institute of Actuaries of India (FIAI) and Institute & Faculty of Actuaries, UK (FIA). He completed his MSc in Actuarial Management from Cass Business School, London.

    Mr. Farid Valani
    Chief Risk Officer
    Mr. Farid Valani
    Chief Risk Officer

    Farid Valani is the Chief Risk Officer at Bajaj Allianz Life Insurance. He joined the Company in December 2008 and has led multiple roles in the Actuarial domain. In his present role, Farid is responsible for the risk management function of the Company. With over 15 years of experience in the life insurance sector, Farid has had a diverse exposure in managing Statutory Valuation, Regulatory and Shareholder Reporting, providing him with an in-depth understanding of the financial risks of a life insurance company. Farid completed his Masters in Actuarial Science from University of Kent, Canterbury, United Kingdom.

    Mr. Sanjiv Bajaj
    Chairman
    Mrs. Ritu Arora
    Director
    Mr. Niraj Bajaj
    Director
    Mr. Apurva Diwanji
    Independent Director
    Justice Sanjay Kishan Kaul (Retd.)
    Director
    Dr. Srinivasa Rao Nagarjuna
    Director
    Mr. Anami Roy
    Independent Director
    Mr. Sanjiv Sahai
    Independent Director
    Mr. S Sreenivasan
    Director
    Mr. Anup Wadhawan
    Independent Director
    Mrs. Renate Wagner
    Director
    Mr. Jan-Christian Rosemeyer
    Alternate Director for Mrs. Renate Wagner
    Mr. Tarun Chugh
    Managing Director and Chief Executive Officer
    Mr. Tarun Chugh
    Managing Director and Chief Executive Officer
    Mr. Tarun Chugh
    Managing Director and Chief Executive Officer

    Tarun Chugh is the MD & CEO of Bajaj Allianz Life. He is a seasoned industry veteran with over 25 years of experience in the financial services industry, having spent over sixteen years in leadership roles within the Indian life insurance sector. Tarun was the Managing Director and Chief Executive Officer of PNB Metlife. He has also successfully crossed several professional milestones during his stint with ICICI Prudential Life Insurance, where he was the Chief Distribution Officer. Prior to coming into the life insurance industry, Tarun was an Investment Banker, where he worked for over a decade. Tarun has emerged as a transformational leader, driving tremendous change by adopting turnkey initiatives, across the organizations he has led. He is known for his strategic orientation, which has enabled him to build strong businesses throughout his career. He believes in investing towards strengthening long-term relationships across stakeholder groups. Tarun is also appointed as the Member of the Governing Council of Insurance Information Bureau of India (IIB). He is also serving as a Member of the Distribution Committee of Insurance Regulatory & Development Authority of India (IRDAI). He is a Board of Governor Member of IIM Sambalpur and on the Advisory Board of Christ Lavasa. He is the ex-Elected Member of the Executive Committee of Life Insurance Council of India. Tarun is an alumnus of IIT Delhi and an MBA graduate from IIM, Lucknow. He is married to Simran and has two sons. He enjoys taking adventure and nature holidays with them. Tarun is an avid reader and loves reading across genres.

    Mr. Amit Jaiswal
    Chief Distribution Officer - Proprietary Sales Force
    Mr. Amit Jaiswal
    Chief - BALIC Direct Officer

    Amit Jaiswal took charge as the Chief BALIC Direct Officer at Bajaj Allianz Life in November 2017. He is known as a result-oriented people’s manager who brings with him experience of over 25 years in business development, trade marketing, new distribution set up and P&L management across range of sectors like FMCG as well as Life and Health Insurance with business footprints across India. In his current role, Amit is responsible for all BALIC Direct business that includes catering to orphan customer base under different campaigns like CPM, Service, S2S as well as expanding new horizons through NTB as well as Defence verticals. Under his Leadership, the company’s proprietary distribution is already amongst the top 3 direct channels in the Indian Life Insurance Industry within 4 years of operation and is emerging as the fastest growing proprietary channel. Before joining Bajaj Allianz Life, Amit was the Deputy Director and Head Alternate Distribution, Corporate Agency and Brokers in PNB MetLife where he scaled up new businesses & processes while setting up the channel from scratch . He has experience across range of sectors like FMCG (DIAGEO and USL), Direct Selling (AMWAY) and Life and Health Insurance (ICICI Prudential) (PNB MetLife). Amit is a Master of Business Administration (M.B.A.) from LBSIMT and an Economics (Hons) Graduate from Delhi University. He is also a six sigma black belt. In his free time, he loves to travel and is an avid outdoor person. He is passionate about staying fit and is even a licensed scuba diver!

    Mr. Anil PM
    President – Legal, Compliance and Fraud Prevention Unit
    Mr. Anil PM
    President – Legal, Compliance and Fraud Prevention Unit

    Anil is a qualified lawyer with over 24 years of legal experience, majority of which has been as in-house counsel with corporates in the insurance sector. In his current role, Anil is responsible for providing strategic advice and opinions on legal, compliance, and business issues. The role also focusses on ensuring the Company’s compliance with applicable laws, managing regulatory audits and inspections, and prevention and mitigation of fraud. Anil also plays a critical role of representing the organisation during regulations development for the positive growth of the sector. He continues to be a part of various IRDAI and Life Council Committees in his current role. Anil has also worked with other leading life insurers including PNB MetLife India and Aviva Life Insurance. Apart from life insurance, he has worked with Quark Media House and BEA Systems Pvt. Ltd. Before switching to corporates, Anil was practicing law before the Madras High Court, and had brief stints with a law firm and a telecom company in the USA. Anil has completed his Bachelor’s in law from the Dr. Ambedkar Government Law College, Chennai, and his Master’s degree in law from the University of Minnesota, Minneapolis, USA. He’s married to Devi and has two children – Tara and Akshay. He is an avid off-road enthusiast and loves travelling.

    Mr. Avdhesh Gupta
    Appointed Actuary
    Mr. Avdhesh Gupta
    Appointed Actuary

    Avdhesh Gupta is the Appointed Actuary at Bajaj Allianz Life. He joined the Company in June 2019 and is responsible for Actuarial Valuations, Shareholder Reporting, Product Pricing and Financial Risk. A seasoned professional, Avdhesh brings with him over 15 years of experience in the actuarial domain. Prior to joining Bajaj Allianz Life, Avdhesh worked with PricewaterhouseCoopers as the Principal Consultant in Actuarial services. In his earlier stints, he has led multiple roles at Aegon Life Insurance Company, SwissRe and HSBC. Avdhesh is a Fellow of the Institute of Actuaries of India (FIAI) and Institute & Faculty of Actuaries, UK (FIA). He completed his MSc in Actuarial Management from Cass Business School, London.

    Mr. Chandramohan Mehra
    Chief Marketing Officer
    Mr. Chandramohan Mehra
    Chief Marketing Officer

    A results-driven marketing professional with deep cross-discipline expertise, CM leads strategic marketing, brand management, consumer research, digital marketing, customer experience measurement and in-house online business. He has been pivotal in uplifting the brand health for the last five years at Bajaj Allianz Life via engaging marketing initiatives including LifeGoals Series, Plankathon, SuperStar After Retirement and several social media campaigns. The brand set "Guinness Book of World Records" thrice for its unique health initiative and emerged as the No. 1 Riser Brand, 2022 in Kantars 75 Most Valuable Indian Brands 2022. An industry veteran with over 24 years of experience, Chandramohan has held senior leadership positions at Sony Pictures Networks India, SBI Life Insurance, and Kotak Life. He is an alumnus of INSEAD and BITS Pilani. CM enjoys long distance running and has completed six world marathon majors.

    Mr. Dheeraj Sehgal
    Chief Distribution Officer – Institutional Business
    Mr. Dheeraj Sehgal
    Chief Distribution Officer – Institutional Business

    Dheeraj Sehgal took charge as the Chief Distribution Officer - Institutional Business at Bajaj Allianz Life in November 2017. A results-driven professional, Dheeraj brings with him over two decades of experience in the financial services and pharmaceutical industries, leading multiple roles in sales and distribution, building new business models and defining business strategies. Dheeraj has a track record of successfully leading large teams and projects and is known for building long-lasting alliances. In his present role, Dheeraj is responsible for all institutional businesses including bancassurance, financial inclusion, broking, corporate agency, employee benefits and online business. Under his leadership, Bajaj Allianz Life runs successful partnerships with India’s leading banks, brokerage firms, insurance aggregators and more. Prior to joining Bajaj Allianz Life, Dheeraj was the Executive Vice President & Head Retail Sales at ICICI Securities where he scaled up new businesses and processes. In his earlier stints, he has worked with The Hollard Insurance Company, ICICI Prudential Life, Merck Ltd and Lupin Ltd, where he led various roles and was instrumental in driving superior business performance. Dheeraj is a Chartered Wealth Manager from American Academy of Financial Management and has done a Senior Management Program from IIM Calcutta.

    Mr. Goutam Datta
    Chief Information & Digital Officer
    Mr. Goutam Datta
    Chief Information & Digital Officer

    Goutam Datta joined Bajaj Allianz Life Insurance in November 2018 as the Chief Information & Digital Officer. He brings with him over two decades of experience in the field of Technology where he has successfully spearheaded the development of enterprise digital roadmaps, while managing large-scale technology operations and implementing innovative technology projects. In his all-encompassing journey, Goutam has witnessed the technology evolution from traditional business processes to customer-centric processes through digital implementations. A proven strategic leader, Goutam is passionate about creating tangible business value through the use of technology solutions and innovation to drive and deliver business results. He is an astute believer of ‘one team’ model and is known for leading teams to collectively achieve desired business results. Goutam is well regarded amongst peers for his collaborative approach towards problem solving. This has led to several successes in business technology alignment, unlocking new business opportunities and enhancing efficiencies in the Companies he has been associated with. Prior to Bajaj Allianz Life, Goutam led the Technology & Digital Innovation team at ICICI Lombard General Insurance Company. Here he enabled processes and systems for smoother customer onboarding, experience and business technology transformation. He was instrumental in implementing algorithmic projects (cognitive/AI platform) to redefine the traditional insurance space. Goutam has also worked with Essel Group of Companies and Tata Infotech Ltd in the past. Goutam is an alumnus of IIM Calcutta. He enjoys playing badminton and reading history and management books.

    Mr. Omesh Saraf
    Head of Analytics
    Mr. Omesh Saraf
    Head of Analytics

    Omesh brings with him over two decades of rich experience in risk, fraud and customer analytics. At Bajaj Allianz Life, he has built and scaled-up the analytics capability and has been responsible for developing the analytics vision and strategy for the organisation. Over the years, Omesh has developed deep subject matter expertise on data management and analytics. He has enabled organisations in their transformational journeys by setting up the teams, data infrastructure, and processes that helped deliver new-age analytics solutions for business Prior to joining Bajaj Allianz Life, Omesh worked with TCS, Neural Technologies, HSBC and Accenture across - insurance, banking and telecom sectors. He also co-founded Litmass Analytics that offered risk analytics products and services to leading Indian banks and insurance companies. Omesh holds a Master’s degree in Statistics, with specialization in Applied Statistics and Data Analytics from the Indian Statistical Institute. He enjoys spending time with his family, and takes active interest in gardening and reading.

    Mr. Rajesh Krishnan
    Chief - Operations and Customer Experience
    Mr. Rajesh Krishnan
    Chief - Operations and Customer Experience

    Rajesh, a seasoned BFSI specialist, comes with over 25 years of cross-functional and leadership experience in the Banking & Insurance industry. Customer centricity is a key part of Rajesh’s role at Bajaj Allianz Life Insurance, where he drives the brand’s customer obsession journey through various strategic interventions and initiatives. He is also responsible for achieving deeper stakeholder engagement, through best-in-class processes built to deliver safe, secure and seamless experiences across the board. In his previous stint, Rajesh held the position of Chief - Customer Service & Operations at Pramerica Life Insurance. He has also worked with leading brands including ICICI Prudential Life, HDFC Bank, ICICI Bank, Thomas Cook etc., where he spearheaded several key projects to ensure last-mile delivery of customer delight, and achievement of business goals. Rajesh is an alumnus of INSEAD Business School, and has a PGDBA certification from Symbiosis. He is also a Certified Associate of Indian Institute of Banking and Finance, and a Licentiate from Insurance Institute of India. He is an avid traveller, reader, and a sports enthusiast, and is fluent in six languages. Rajesh is passionate about building a better society and volunteers for providing access to education for underprivileged children and protection of animals against cruelty.

    Mr. Sameer Joshi
    Chief Agency Officer
    Mr. Sameer Joshi
    Chief Agency Officer

    As the leader of the Agency business channel, Sameer anchors his business strategies on the promise of delivering superior customer experience. He empowers the large force of the Company’s Insurance Consultants (ICs, or agents as popularly known in the industry) with digital assets and easy to access knowledge of the Company’s value-packed life insurance products and seamless services. He consistently invests towards training and development of the ICs to ensure they understand the customers’ Life Goals and respond to their needs accordingly. Sameer has been with Bajaj Allianz Life since 2014 and also led the HR function at the Company. Sameer has spent nearly 17 years in the life insurance sector, and is a seasoned leader with a focus of driving businesses to the path of profitability. A result-oriented distribution specialist, Sameer is skilled in business planning, sales and talent management. Prior to joining Bajaj Allianz Life, Sameer worked with HDFC Life and ICICI Prudential Life leading different business channels. Sameer is a Physics graduate and has completed his MMS in Marketing from Mumbai University. He enjoys teaching and playing Table Tennis.

    Mr. Srinivas Rao Ravuri
    Chief Investment Officer
    Mr. Srinivas Rao Ravuri
    Chief Investment Officer

    Srinivas Rao Ravuri, the Chief Investment Officer at Bajaj Allianz Life Insurance, brings nearly three decades of expertise in equity research and fund management across Indian financial markets. He began his career as an analyst in 1994 at India's first boutique equity research firm and spent 25 years covering sectors such as Real Estate, Infrastructure, Industrials, Telecom, and Power. His career includes key roles at top institutions like PGIM India Asset Management, HDFC Asset Management, where he shaped investment strategies and drove growth. He joins Bajaj Allianz Life from PGIM India Asset Management, where he initially played a key role in transforming the AMC into one of the fastest growing. Later, he became their Chief Investment Officer for International Business, responsible for expanding the firm’s global business. Srinivas holds a Bachelor’s degree in Commerce and an MBA from Osmania University, Hyderabad. Beyond his professional achievements, Srinivas is an avid tennis player and nature enthusiast, often spending time outdoors. His passion for Indian classical music further highlights his diverse interests.

    Mr. Santanu Banerjee
    Chief Human Resources Officer
    Mr. Santanu Banerjee
    Chief Human Resources Officer (CHRO)

    Santanu, a seasoned industry veteran, comes with over 22 years of experience in human resources. In his current role, he is responsible for the strategic direction of people management, talent acquisition, training and development, performance management, organisational effectiveness, and succession planning. Santanu also has played a critical role in the transformation journey at Bajaj Allianz Life with respect to people policies and culture development. Prior to joining Bajaj Allianz Life, Santanu worked with Star Union Dai-Ichi Life Insurance as Executive Vice President and Chief Human Resource Officer. The other HR roles were with ING Vysya Life Insurance, Aditya Birla Sun Life Insurance, Aditya Birla Health Insurance, and Hathway Cable & Dotcom. Santanu graduated from the University of Calcutta and holds a Master’s degree in HR from the Army Institute of Management, Kolkata. An avid reader of literature, he is also a trained classical musician, who loves to play musical instruments.

    Mr. Vipin Bansal
    Chief Financial Officer
    Mr. Vipin Bansal
    Chief Financial Officer

    Vipin Bansal is the Chief Financial Officer at Bajaj Allianz Life Insurance in Pune, Maharashtra, India. With over two decades of experience in Financial Reporting, Risk Management, and M&A, Vipin's expertise in shaping financial strategies spans across diverse sectors, including BFSI, manufacturing, retail, FMCG, logistics, and metals. He joined the Bajaj Finserv Group in 2020, where he has held various roles covering Risk, M&A, Internal Audit, and ESG. Prior to his tenure at Bajaj Finserv Group, Vipin held positions with Price Waterhouse (and its network firms), culminating in his role as a Partner in the firm's Assurance Practice. Vipin is a Chartered Accountant from The Institute of Chartered Accountants of India and holds a Bachelor of Commerce degree from Nagpur University.

    *Pursuant to Corporate Governance Guidelines of IRDAI

     

    Notes -

    • Brief profile of the Directors, as at 31 March 2024, is available in Corporate Governance report which is part of the Annual Report of the Company.
    • Mr. Meleveetil Damodaran, Mr. Ranjit Gupta, Mr. Suraj Mehta and Mrs. Lila Poonawalla, Directors, have stepped down from the Board of Directors with effect from close of business hours on 30 June 2024.
    • Justice Sanjay Kishan Kaul (Retd.) and Dr. Srinivasa Rao Nagarjuna were appointed as Directors w.e.f. 1 July 2024.
    • Mr. Apurva Diwanji and Mr. Sanjiv Sahai were appointed as Independent Directors w.e.f. 15 July 2024.
    Financial Information
    • Public Disclosure
    • Annual Report
    • Corporate Governance
    • Corporate Social Responsibility
    • Active Agent List
    • Stewardship Disclosure
    • Sustainability
    • Factsheet
    • Financial Summary
    Public Disclosure
    Financial Information 2023-24
    Awards and Recognition
    9th CII National Competition 2024

    We are thrilled to announce that Bajaj Allianz Life has been honored

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    We are thrilled to announce that Bajaj Allianz Life has been honored with the Platinum Award at the 9Th CII National Competition 2024 on Digitalisation, Robotics & Automation - Industry 4.0 organized by the Confederation of Indian Industry!

    This recognition is for our project - Tech Enabled Employee Services Driving Ease of Operations.

    A big thank you to our dedicated team for making this achievement possible.

    Product of the Year Award

    We are thrilled to announce that three of our products have been honoured

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    We are thrilled to announce that three of our products have been honoured with the prestigious Product of the Year Award. These awards reflect our commitment to providing Life Insurance products tailored to your Life Goals, ensuring comprehensive Life Cover. Thank you for trusting Bajaj Allianz Life for your financial security and peace of mind.

    Finnoviti Award 2024

    We are proud to share that Bajaj Allianz Life has been awarded the

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    We are proud to share that Bajaj Allianz Life has been awarded the Finnoviti Award 2024 for our Humanoid Ecosystem by Banking Frontiers.

    This recognition is a testament to our relentless pursuit of innovation and excellence and we are committed to continually enhancing our services to meet and exceed customer expectations.

    6th National Anti-Fraud Conclave and Awards 2024

    Bajaj Allianz Life has been awarded the title of

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    Bajaj Allianz Life has been awarded the title of 'Fraud Risk Management Team of the Year' at the 6th National Anti-Fraud Conclave and Awards 2024 organized by Achromic Point. This award recognizes organizations that have made significant achievements in their fraud risk management and safety programs.

    We are committed to maintaining our high standards of integrity and vigilance, ensuring the utmost protection for our stakeholders.

    The Most Promising Business Leaders of Asia 2024" by ET Edge

    Our MD & CEO, Mr. Tarun Chugh, has been recognised as one of

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    Our MD & CEO, Mr. Tarun Chugh, has been recognised as one of "The Most Promising Business Leaders of Asia 2024" by ET Edge , a prestigious accolade highlighting his exemplary leadership qualities. The recognition was conferred for his transformational and visionary leadership style that has enabled Bajaj Allianz Life to become one of the leading private life insurers in the country.

    Kincentric 'Best Employer India 2023' & India 'Best Employers Club 2024

    Bajaj Allianz Life has once again been honoured as the

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    Bajaj Allianz Life has once again been honoured as the 'Best Employer India 2023' by Kincentric for the third consecutive year. Additionally, we are proud to announce our inclusion in the prestigious India Best Employers Club for the year 2024.
    This award highlights our commitment to fostering a workplace culture that values innovation, diversity, and employee well-being.

    Navbharat BFSI Summit and Awards 2023

    Bajaj Allianz Life ACE has been recognized with the 'Most Innovative Product Award

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    World’s Digital Insurance Award 2023

    Bajaj Allianz Life has been recognised at the global stage. Our

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    Bajaj Allianz Life has been recognised at the global stage. Our Innovative WhatsApp AI Conversational Platform has won World’s Digital Insurance Award 2023 under Insurer Innovation category. We are grateful for your continued support and helping us win this recognition

    Banking and Insurance Industry 2023

    our MD & CEO, Mr. Tarun Chugh has been recognized as one of the

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    our MD & CEO, Mr. Tarun Chugh has been recognized as one of the TOP 10 Leaders in Banking and Insurance Industry 2023 by CEO Insights for setting benchmarks across several key parameters in the Insurance Industry.

    ETBFSI Exceller Award 2023

    Delighted to announce that in 5th edition of ETBFSI Exceller Awards,

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    Delighted to announce that in 5th edition of ETBFSI Exceller Awards, ‘Bajaj Allianz Life Insurance Company Limited’ has been named winner for ‘Customer Data Platform’ initiative in ‘Innovative initiative in Digital Customer Experience & Engagement (Insurance)’ category.

    CII's DX Digital Transformation 2023 Awards

    Bajaj Allianz Life wins 2 Gold & 1 Sliver CII's DX Digital Transformation 2023 Awards

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    Bajaj Allianz Life wins 2 Gold & 1 Sliver CII's DX Digital Transformation 2023 Awards :
    Gold for WhatsApp Platform - Intelligent Customer Engagement via Conversational AI Initiative that aims to redefine customer engagement on WhatsApp.
    Gold for Customer 360 Initiative- Modular platform that provides unified and holistic view of customers and engagement opportunities.
    Silver for Humanoid Initiative - An AI based voice bot that fixes appointment with an insurance expert at Bajaj Allianz Life.

    Pitch BFSI Marketing Summit and Awards 2023

    Bajaj Allianz Life has won three awards at the Pitch BFSI Marketing Summit and Awards 2023

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    Bajaj Allianz Life has won three awards at the Pitch BFSI Marketing Summit and Awards 2023, organised by exchange4media!

    1. GOLD for 'Superstar After Retirement' - Most Innovative Marketing Campaign
    2. SILVER for 'Superstar After Retirement' - Most Effective Customer Engagement
    3. GOLD for 'Plank to Thank' - Most Effective Experiential Marketing

    Insurance Asia Awards 2023

    Bajaj Allianz Life wins at the Insurance Asia Awards 2023,

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    Bajaj Allianz Life wins at the Insurance Asia Awards 2023, in two key categories – ‘Domestic Life Insurer of the Year India’ and ‘Social Media Initiative of the Year – India’

    DATAMATIXX Awards 2023

    DATAMATIXX Awards 2023 – Bajaj Allianz Life won Gold

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    DATAMATIXX Awards 2023 – Bajaj Allianz Life won Gold at DATAMATIXX Awards 2023 (an initiative by AdGully) in the category ‘Excellence in User-Generated Content Ultilization

    Outdoor Advertising Awards 2023

    Bajaj Allianz Life was recognized with a Silver at Outdoor Advertising Awards 2023

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    Bajaj Allianz Life was recognized with a Silver at Outdoor Advertising Awards 2023 for Outdoor Innovation (Countdown Timer to promote Tax Free Returns)

    Insurer Innovation Award 2023

    Bajaj Allianz Life has been awarded the prestigious APAC Region's Insurer Innovation Award 2023

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    Bajaj Allianz Life has been awarded the prestigious APAC Region's Insurer Innovation Award 2023 at The World's Digital Insurance Awards for project, WhatsApp Conversational Platform.

    Assocham Award for Humanoid Project

    Bajaj Allianz Life has been awarded the prestigious award for

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    Bajaj Allianz Life has been awarded the prestigious award for

    6th Annual Insurance India Summit & Awards 2023 | CEO of the Year Award

    Our CEO, Mr. Tarun Chugh, has won the

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    Our CEO, Mr. Tarun Chugh, has won the CEO of the Year Award (Life Insurance) at the 6th Annual Insurance India Summit & Awards 2023, recognizing his transformative leadership and significant contributions to Bajaj Allianz Life Insurance's growth.

    Express BFSI Technology Awards 2023

    Bajaj Allianz Life has won the 'AI' category award at the

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    Bajaj Allianz Life has won the 'AI' category award at the Express BFSI Technology Awards 2023 for the 'Humanoid AI Project’.

    Future of Insurance Summit & Award 2023

     Tarun Chugh has been awarded as the ‘CEO of the Year

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     Tarun Chugh has been awarded as the ‘CEO of the Year’ for his visionary leadership and guidance that has been essential in empowering employees and customers to pursue and attain their life goal. 

    Future of Insurance Summit & Award 2023

    Bajaj Allianz Life won ‘Best Life Insurance Company of the Year’

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    Bajaj Allianz Life won ‘Best Life Insurance Company of the Year’ at the second edition of Future of Insurance Summit and Awards 2023 organsied by UBS Forums Pvt. Ltd. It recognises company’s overall business performance.

    Kincentric Best Employer India 2022 & India Best Employer Club 2023

    Bajaj Allianz Life has won the Kincentric ‘Best Employer India 2022’

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    Bajaj Allianz Life has won the Kincentric ‘Best Employer India 2022’ and ‘India Best Employer Club 2023’. It strongly reflects the people- first culture at the workplace created through organizational agility, engaging leadership, and talent focus. 

    India Insurance Summit & Awards 2023

    Tarun Chugh has been recognised as the CEO

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    Tarun Chugh has been recognised as the CEO of the Year, in the Life Insurance category at the India Insurance Summit & Awards 2023. He was recognised for his transformational leadership that has enabled Bajaj Allianz Life Insurance become one of the leading life insurers in the country.

    16th edition of Customer Fest Show 2023

    Bajaj Allianz Life Insurance has won the award for the

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    Bajaj Allianz Life Insurance has won the award for the Best Marketing Technology Stack of the Year for the project on CDP (Customer Data Platform) & Best Use of Conversational Bot/Tool to Enhance Customer Experience for its WhatsApp Enhancements at the 16th edition of Customer Fest Show 2023 (CX Special Edition).

    16th edition of Customer Fest Show 2023

    Bajaj Allianz Life Insurance won the Best Contactless Service Experience

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    Bajaj Allianz Life Insurance won the Best Contactless Service Experience for leveraging its digital assets to enhance customer experience and creating state of the art servicing ecosystem & Best Use of Webchats / AI / Robotics to Enhance Customer Experience for leveraging AI/NLP technology to offer customers an automated conversation medium at the 16th edition of Customer Fest Show 2023 (CX Special Edition).

    Digixx Award 2023

    Bajaj Allianz Life Insurance has won 2 Gold awards at the 7th

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    Bajaj Allianz Life Insurance has won 2 Gold awards at the 7th edition of DIGIXX Awards 2023, organised by Adgully. The company won the awards under the categories’ BFSI Services (Life Insurance)’ and ‘Best use of video(BFSI)’for ‘Superstar After Retirement’ campaign. 

    FICCI Insurance Industry Awards 2023

    Bajaj Allianz Life has won ‘Best Insurance Campaign

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    Bajaj Allianz Life has won ‘Best Insurance Campaign – Life Category at the FICCI Insurance Industry Awards 2022 for the campaign ‘Yeh Bhi Sahi Hai’. 

    13th India Digital Awards 2023 by IAMAI

    Bajaj Allianz Life Insurance has won 2 Gold and 1 Silver at the ‘13th

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    Bajaj Allianz Life Insurance has won 2 Gold and 1 Silver at the ‘13th India Digital Awards 2023’ by IAMAI (Internet and Mobile Association of India). The initiatives ‘ Plank to Thank’ won a Gold and a Silver award under the categories ‘In-house Content Campaign’ and ‘Best User-Generated Content Used for a Campaign’ respectively. ‘Superstar After Retirement’ bagged a Gold under the category’ Best Online Interactive Marketing’.

    ETBFSI Excellence Awards 2023

    Bajaj Allianz Life Insurance has won the ‘Best Use of Emerging Technology For Business Growth' 

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    Bajaj Allianz Life Insurance has won the ‘Best Use of Emerging Technology For Business Growth' Award in the Insurance Category at the ETBFSI Excellence Awards for the initiative - Humanoid (Voice BOT). 

    ET Brand Equity’s India DigiPlus Awards 2023

    Bajaj Allianz Life won top accolades at the ET BrandEquity India DigiPlus

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    Bajaj Allianz Life won top accolades at the ET BrandEquity India DigiPlus Awards 2023 for its campaigns ‘SuperStar After Retirement’ and ‘#PlanktoThank Indian Armed Forces’. The award aims to honor excellence and innovation in the field of digital marketing. Bajaj Allianz Life won the maximum number of awards in the BFSI category.

    SAMMIE Awards 2022

    Bajaj Allianz Life won the GOLD - Best Social Media Brand (Insurance)

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    Bajaj Allianz Life won the GOLD - Best Social Media Brand (Insurance) at the SAMMIE Awards 2022, for the third time. The award recognizes the brand's creative and innovative campaigns to strengthen its user engagement across social media platforms.

    14th Global Insurance Summit & Awards

    Bajaj Allianz Life won the ‘Highest Growth Award’

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    Bajaj Allianz Life won the ‘Highest Growth Award’ in the Life Insurance category by ASSOCHAM (Associated Chambers of Commerce and Industry of India) at their 14th Global Insurance Summit & Awards. The award recognizes the Company’s strong growth witnessed across its business during FY22.

    India's No 1 Top Riser Brand

    Bajaj Allianz Life Insurance emerged as the Top Riser Brand

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    Bajaj Allianz Life Insurance emerged as the Top Riser Brand across industries in the Kantar BrandZ India 2022 Report. The Report features the Most Valuable Indian Brands based on financial value and overall brand contribution.

    Kincentric Best Employer Award 2021

    Bajaj Allianz Life has been certified as Best Employer Award 2021.

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    Bajaj Allianz Life has been certified as Best Employer Award 2021. It recognizes the efforts undertaken by company to embark on a cultural transformation journey, enhancing its people practices to help build an environment fostering growth and innovation.

    4th Annual Anti - Fraud Conclave & Awards 2022

    Bajaj Allianz Life has won the “Achromic Point Anti – Fraud Award”

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    Bajaj Allianz Life has won the “Achromic Point Anti – Fraud Award” at the 4th Annual Anti - Fraud Conclave & Awards 2022. The award was for excellence in raising fraud awareness.

    InsureNext Awards & Summit 2022

    Bajaj Allianz Life has won the “Best Risk Management Initiative – Life Insurance”

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    Bajaj Allianz Life has won the “Best Risk Management Initiative – Life Insurance” at the InsureNext Awards & Summit 2022 organized by Banking Frontiers. The award recognizes the risk management practices used by the company in fraud mitigation.

    ET BFSI.com Excellence Awards 2021

    Bajaj Allianz Life has won the award for ‘Best Digital Customer Experience Initiative

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    Bajaj Allianz Life has won the award for ‘Best Digital Customer Experience Initiative [Insurance]’ at the ET BFSI.com Excellence Awards 2021. The award was for Smart Assist, a first-of-its-kind co-browsing service in the insurance industry.

    ET Brand Equity Shark Awards

    Bajaj Allianz Life has won Gold under the ‘Marketing Campaign during Covid 19’

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    Bajaj Allianz Life has won Gold under the ‘Marketing Campaign during Covid 19’ category at the ET Brand Equity Shark Awards 2021. The award was for Bajaj Allianz Life's #savingstolifegoals marketing campaign.

    IDC Future Enterprise Awards

    Bajaj Allianz Life has won 2 awards- ‘Best in Future of Customers and Consumers’

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    Bajaj Allianz Life has won 2 awards- ‘Best in Future of Customers and Consumers’ award for its innovative solution - Smart Assist and ‘Special Award for Digital Resiliency’ for overall digital infrastructure at the inaugural edition of IDC Future Enterprise Awards for India.

    The Economic Times BFSI Innovation Tribe Awards & Summit

    Bajaj Allianz Life has won the ‘Data initiative of the year’

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    Bajaj Allianz Life has won the ‘Data initiative of the year’ award at The Economic Times 4th Edition of BFSI Innovation Tribe Awards & Summit. The award recognises the data & analytics initiatives used by the company in fraud prevention.

    Tech Leadership Awards 2021

    Bajaj Allianz Life has been recognised with three awards at the

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    Bajaj Allianz Life has been recognised with three awards at the Tech Leadership Awards 2021 under the following categories – ‘Business Innovation – Best Covid Response ; ‘Best In Future of Digital Innovation’ for Smart Assist & ‘Best in Future for customers and consumers’ for innovative digital initiatives for customers.

    Insurance Asia Awards 2021

    Bajaj Allianz Life has bagged three prestigious awards – Domestic Life Insurer Of The Year - India

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    Bajaj Allianz Life has bagged three prestigious awards – Domestic Life Insurer Of The Year - India, Insurance Initiative of the year - India for Smart Assist and Marketing Initiative Of The Year - India for Plank challenge at the recently concluded Insurance Asia Awards 2021.

    Great Place To Work® India

    Bajaj Allianz Life has been recognized as a ‘Great Place To Work® India’

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    Bajaj Allianz Life has been recognized as a ‘Great Place To Work® India’ for August 2021- August 2022. It recognizes the inclusive value driven culture with employee care and safety policy followed by the company.

    Digital Technology Senate Awards 2021

    Bajaj Allianz Life has been felicitated with the Digital Technology Senate Award 2021

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    Bajaj Allianz Life has been felicitated with the Digital Technology Senate Award 2021, under ‘Enterprise Mobility’ category for Bajaj Allianz Life Smart Assist, a first-of-its-kind co-browsing service in the insurance industry.

    ASSOCHAM 13th Global Insurance E-Summit & Awards

    Bajaj Allianz Life is the winner under the ‘Highest Growth’

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    Bajaj Allianz Life is the winner under the ‘Highest Growth’ category at the ASSOCHAM 13th Global Insurance E-Summit & Awards. The award recognises the overall growth trajectory of the Company.

    Customer FEST Leadership Awards 2021

    Bajaj Allianz Life has been awarded with the ‘Best Use of Innovation to enhance Customer Experience’ at the

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    Bajaj Allianz Life has been awarded with the ‘Best Use of Innovation to enhance Customer Experience’ at the Customer FEST Leadership Awards 2021. The recognition comes for Bajaj Allianz Life Smart Assist, a first-of-its-kind co-browsing service in the insurance industry.

    Customer Fest Leadership Awards 2021

    Bajaj Allianz Life won the ‘Best Digital Customer Experience Initiative

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    Bajaj Allianz Life won the ‘Best Digital Customer Experience Initiative’ award for WhatsApp servicing, at the Customer FEST Leadership Awards 2021. The award recognises Bajaj Allianz Life’s digital ecosystem for providing customers an enhanced digital experience.

    #SAMMIE Best Social Media Brands Award 2020

    Bajaj Allianz Life bagged Gold #SAMMIE for the ‘Best Social Media Brand’ in

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    Bajaj Allianz Life bagged Gold #SAMMIE for the ‘Best Social Media Brand’ in BFSI (Insurance category) at the Best Social Media Brands Award 2020

    Red Hat APAC Innovation Awards 2020

    Bajaj Allianz Life won Red Hat APAC Innovation Awards 2020

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    Bajaj Allianz Life won Red Hat APAC Innovation Awards 2020 for Digital Transformation Hybrid Cloud Infrastructure

    CII DX Best Practice Awards 2020

    Bajaj Allianz Life has been awarded the ‘Most Innovative Best Practice in

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    Bajaj Allianz Life has been awarded the ‘Most Innovative Best Practice in Customer Experience’ at the CII DX Summit & Awards 2020. The award is for Bajaj Allianz Life’s first-of-its-kind revolutionary technology service - Smart Assist.

    THE ASSET TRIPLE A TREASURY, TRADE, SSC AND RISK MANAGEMENT AWARDS 2020

    Bajaj Allianz Life won the 'Best Payments and Collection Solution'

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    Bajaj Allianz Life won the 'Best Payments and Collection Solution' award at The Asset Triple A Treasury, Trade, SSC and Risk Management Awards 2020. The award is for Bajaj Allianz Life’s industry-first implementation of mobile-scan based cheque clearance process with IDFC First Bank.

    5th Annual Insurance India Summit & Awards 2020

    Bajaj Allianz Life won the ‘Best Fraud Intelligence’

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    Bajaj Allianz Life won the ‘Best Fraud Intelligence’ award at the 5th Annual Insurance India Summit & Awards 2020. The award recognises Bajaj Allianz Life’s fraud prevention and mitigation initiatives.

    IDC Digital Transformation Awards 2020, India

    Bajaj Allianz Life has been named ‘DX Gamechanger’

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    Bajaj Allianz Life has been named ‘DX Gamechanger’ at IDC Digital Transformation Awards-India for i-SERV video calling service. The award recognises Bajaj Allianz Life’s digital initiative for shaping the future and transforming the organisation into a future enterprise.

    BrandZ Top 75 Most Valuable Indian Brands 2020

    Bajaj Allianz Life has been recognised amongst the Top 75 Most

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    Bajaj Allianz Life has been recognised amongst the Top 75 Most Valuable Indian Brands 2020, as per BrandZ report released by Kantar. This recognition come for the third time in a row. 

    Business Today-Money Today Financial Services Awards 2020

    Bajaj Allianz Life Goal Assure has been awarded the 'Best ULIP of the

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    Bajaj Allianz Life Goal Assure has been awarded the 'Best ULIP of the Year' second time in a row, at the Business Today-Money Today Financial Awards 2020. The Business Today - Money Today Financial Services Awards recognise the best companies in various financial categories including insurance and mutual funds.

    ACHROMIC POINT ANTI FRAUD AWARDS 2020

    Bajaj Allianz Life was awarded the ‘Fraud Analytics Team of the Year’

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    Bajaj Allianz Life was awarded the ‘Fraud Analytics Team of the Year’ at the Achromic Point Anti-Fraud Awards 2020. The award recognizes the achievement of Bajaj Allianz Life in the domain of fraud management.

    Customer FEST Leadership Awards 2020

    Bajaj Allianz Life won the ‘Best Digital Customer Experience Initiative'

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    Bajaj Allianz Life won the ‘Best Digital Customer Experience Initiative' award and ‘Terragni Customer Centric Team of the Year’ at the Customer FEST Leadership Awards 2020 for its Digital Payment Ecosystem. The awards recognise Bajaj Allianz Life’s excellence in customer experience and customer centric initiatives, for its digital payments ecosystem designed to provide convenience to customers.

    e4m Prime Time Awards 2019

    Bajaj Allianz Life won Silver in BFSI Creative category for outstanding

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    Bajaj Allianz Life won Silver in BFSI Creative category for outstanding TV campaign at e4m Prime Time Awards 2019. The award recognises Bajaj Allianz Life’s creative excellence for its Early Retirement TV campaign.

    Indian Marketing Award 2019

    Bajaj Allianz Life won ‘Best Use of Experiential Marketing – Silver’ at the

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    Bajaj Allianz Life won ‘Best Use of Experiential Marketing – Silver’ at the Indian Marketing Awards 2019 for #36SecPlankChallenge. The award recognises Bajaj Allianz Life’s contribution in making customers experience the brand's value proposition on driving good health and creative idea of one minute plank challenge.

    9th BFSI Smart Tech Leadership Awards-2019

    Bajaj Allianz Life was awarded the ‘Best Digital Transformation Initiative’

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    Bajaj Allianz Life was awarded the ‘Best Digital Transformation Initiative’ at the 9th BFSI Smart Tech Leadership Awards 2019 for its Digital Payments Eco-system. This payment eco-system provides a whole host of online payments options to customers including auto-pay registration, for an easy and seamless payment experience.

    BrandZ Top 75 Most Valuable Indian Brands 2019

    Bajaj Allianz Life ranked amongst the Top 75 Most Valuable Indian

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    Bajaj Allianz Life ranked amongst the Top 75 Most Valuable Indian Brands 2019, as per WPP and Kantar Millward Brown’s report. We also ranked 4th amongst the Top 10 Riser Brands Category, with a 24% increase in the brand valuation over the previous year.

    CITRIX DIGITAL TRANSFORMATION AWARDS 2019

    Bajaj Allianz Life won the 'Networking Transformation Award’

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    Bajaj Allianz Life won the 'Networking Transformation Award’ at the Citrix Digital Transformation Awards 2019 for deploying Software Defined WAN (SDWAN) in its 500+ branches across India. This is the largest deployment of SDWAN solution in Asia Pacific region till now, and has helped in enhancing the company’s branch network availability.

    ACHROMIC POINT FRAUD, RISK & COMPLIANCE AWARDS

    Bajaj Allianz Life received an award for ‘Best Practices on Fraud Risk

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    Bajaj Allianz Life received an award for ‘Best Practices on Fraud Risk Mitigation’ at the Achromic Point Fraud, Risk & Compliance Awards 2019. The Achromic Point Risk Awards recognizes the achievements in the domain of risk mitigation.

    7th Payments & Cards Summit 2019

    Bajaj Allianz Life was awarded the 'Best Alternative or Digital Payments

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    Bajaj Allianz Life was awarded the 'Best Alternative or Digital Payments Program of the Year' at the 7th Payments & Cards Summit 2019 for Online Mandate- an automated electronic payment process that enables policy holders to pay their premiums on time, in a hassle-free manner. Online Mandate allows customers to register for auto payment of premiums.

    #SAMMIE Best Social Media Brands Award 2019

    Bajaj Allianz Life was conferred Gold at the 3rd edition of #SAMMIE Best

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    Bajaj Allianz Life was conferred Gold at the 3rd edition of #SAMMIE Best Social Media Brands Awards 2019 in the BFSI-Insurance Category. Hosted by Social Samosa, the award recognised the brand's exceptional performance on social media and its many digital campaigns including #36SecondsPlankChallenge, #DancingUncle, #LifeGoals campaign and more.

    CMO Confluence and Corporate Awards 2019

    Bajaj Allianz Life received an award for being the 'Most Visible Life

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    Bajaj Allianz Life received an award for being the 'Most Visible Life Insurance Company' at the CMO Confluence and Corporate Awards 2019. The award, was conferred and hosted by Insurance Alertss, India's largest and Asia's second largest dedicated Insurance e-news platform and event organisers.

    4th Annual Insurance India Summit & Awards 2019

    Bajaj Allianz Life won the 'Technology of the Year' award at the 4th

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    Bajaj Allianz Life won the 'Technology of the Year' award at the 4th

    Zendesk Award

    Bajaj Allianz Life Insurance won an award at the Zendesk Digital Customer

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    Bajaj Allianz Life Insurance won an award at the Zendesk Digital Customer Experience Summit 2019 under 'Online User Experience' for Life Assist-a one-stop, self-service application that supports the customer throughout the life-cycle of their policy. From paying policy premiums to tracking claim settlements, the simple, user-friendly app has helped provide quick, efficient services and high customer satisfaction.

    Business Today-Money Today Financial Services Awards

    Bajaj Allianz Life Goal Assure has been awarded the 'Best ULIP

    Read More...

    Bajaj Allianz Life Goal Assure has been awarded the 'Best ULIP of the Year' at the Business Today-Money Today Financial Awards 2019. The Business Today - Money Today Financial Services Awards recognise the best companies in various financial categories including insurance and mutual funds.

    Digital Marketer of the Year award 2018

    Bajaj Allianz Life has been recognised as the 'Digital Marketer of

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    Bajaj Allianz Life has been recognised as the 'Digital Marketer of the Year 2018' in Insurance category at the Digital Marketers' Awards hosted by Internet and Mobile Association of India (IAMAI) in association with Moneycontrol. The award is a recognition of the many innovative and engaging digital campaigns like the Dancing uncle, #TheGameOfLifeGoals web series, #GraveyardOfGoals and the #36SecPlankChallenge by Bajaj Allianz Life.

    Customer Experience Awards 2019

    Bajaj Allianz Life Insurance won the Customer Experience Award for the

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    Bajaj Allianz Life Insurance won the Customer Experience Award for the Best Use of Innovation to enhance Customer Experience, at The Customer Fest Show 2019. The award was won for providing customers enhanced digital experience through Mosambee, a handheld device that offers virtual branch services to the customers at their doorstep.

    India Digital Awards 2019

    Bajaj Allianz Life Insurance has been recognised for its handheld

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    Bajaj Allianz Life Insurance has been recognised for its handheld device Mosambee at the Finnoviti Awards 2019 under the 'Innovation' category. The award highlights the innovation quotient of the organization for providing virtual branch services to the customers at their doorstep through Mosambee.

    India Digital Awards 2019

    Bajaj Allianz Life bagged 'Silver' at the IAMAI 9th India Digital Awards 2019

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    Bajaj Allianz Life bagged 'Silver' at the IAMAI 9th India Digital Awards 2019 for #36SecPlankChallenge under the "Best User-Generated Content Marketing" category. The award recognises Bajaj Allianz Life's contribution in digital content through #36SecPlankChallenge campaign, which saw massive participation by people from all walks of life.

    IDC Insights Awards 2018

    Bajaj Allianz Life Insurance has been conferred with the IDC

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    Bajaj Allianz Life Insurance has been conferred with the IDC Insights Awards 2018 for Excellence in Revenue Generation through Mosambee, a handheld device that offers virtual branch services to the customers at their doorstep. Mosambee has enhanced customers service experience with us and empowers them with the flexibility to service their policy at their preferred time and location.

    53rd SKOCH Summit and Awards 2018

    Bajaj Allianz Life Insurance was conferred with SKOCH Gold Award

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    Bajaj Allianz Life Insurance was conferred with SKOCH Gold Award for its leadership in the Micro Insurance segment. The Company was also awarded SKOCH Order of Merit for the Claims Initiative of the Year, Micro Insurance Segment Leadership and for Unit-linked Insurance.

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    Disclaimer : We take privacy seriously. Bajaj Allianz Life does not share your personal information with any third party. Please read our Privacy Policy here.

    ##Our policy covers COVID 19 claims subject to policy terms and conditions being met

    35% Discount applicable for customer's first individual life insurance policy, applicable only on first year’s premium. | 5% Discount for salaried customers, applicable only on first year’s premium. | 1% Discount on online purchase is available for regular premium payment and limited premium payment frequency.

    2Above illustration is for Bajaj Allianz Life Smart Protection Goal - A Non Linked, Non Participating, Individual Life Insurance Term Plan (UIN: 116N174V01) considering Male aged 25 years | Non-Smoker | Standard Life | Policy term (PT)– 30 years | Premium Payment Term (PPT) – 30 years | Sum Assured opted is Rs. 1,00,00,000 | Online Channel | Excluding Salary rebate and Insurance for All discount | medical rates | Annual Premium Payment Mode | Premium shown above is exclusive of Goods & Service Tax/any other applicable tax levied, subject to changes in tax laws, and any extra premium and is for illustrative purpose only.

    1Tax benefits as per prevailing Section 10(10D) and Section 80C of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy.

    #Individual & Group

    $For details refer to press release published by CARE

    ~Individual Death Claim Settlement Ratio for FY 2023-2024

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