Balic Annual Report 21-22

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Man with a Purpose

Why does one start a business? To satisfy a need - whether it is a paan (betel nut) shop, a laundry, or a steel plant. Similarly, we started Bajaj Auto because mobility was a need, people could not afford cars and public transport was inefficient or non-existent.

Rahul Bajaj 1938 - 2022

Organization with a Purpose

“Bajaj Allianz Life, the Customer First approach guides us through our disruption and innovation journey. It enables us to deliver first-of-their kind products and world-class tech-enabled services to our customers, and offering them a delightful experience every time they engage with us. Furthermore, the philosophy motivates us to deliver on our business parameters in an efficient manner and creating a culture of First-time-right. It plays a critical role in our journey ahead towards a sustainable growth and profitable journey”

Performance 2021-22

Bajaj Allianz Life emerged as the fastest growing company on Individual Rated New Business (IRNB) basis amongst the top 10 private players with a growth of 49%. This was more than double of the entire private segment’s growth at 22%.

Managing Director and Chief Executive Officer's Message

Bajaj Allianz Life’s journey in FY2022 can be best described with the Latin adage “Audentis Fortuna Juvat” or “Fortune Favours the Bold”. We move ahead with a future-ready and robust business model that will enable the company to maintain its growth momentum in the years ahead.

- Tarun Chugh

Corporate
Social
Responsibility

The very foundation of Bajaj Group was laid by the philanthropic instinct of Shri Jamnalalji Bajaj, our Group's founding father, who took the bold and unprecedented step of using business to serve society.

Management Team

Tarun Chugh Managing Director and Chief Executive Officer

Dheeraj SehgalChief Distribution Officer - Institutional Business

Sameer JoshiChief Agency Officer

Amit JaiswalChief - Proprietary Sales Officer

Kayzad HiramanekChief-Operations and Customer Experience Officer

Bharat KalsiChief Financial Officer

Sampath ReddyChief Investment Officer

Avdhesh GuptaAppointed Actuary

Santanu BanerjeeChief Human Resources Officer

Anil PMPresident - Legal Compliance and Fraud Prevention Unit

Goutam DattaChief Information and Digital Officer

Chandramohan MehraChief Marketing Officer

Tarun Chugh Managing Director and Chief Executive Officer

Dheeraj SehgalChief Distribution Officer - Institutional Business

Sameer JoshiChief Agency Officer

Amit JaiswalChief - Proprietary Sales Officer

Kayzad HiramanekChief-Operations and Customer Experience Officer

Bharat KalsiChief Financial Officer

Sampath ReddyChief Investment Officer

Avdhesh GuptaAppointed Actuary

Santanu BanerjeeChief Human Resources Officer

Anil PMPresident - Legal Compliance and Fraud Prevention Unit

Goutam DattaChief Information and Digital Officer

Chandramohan MehraChief Marketing Officer

Tarun Chugh Managing Director and Chief Executive Officer

Dheeraj SehgalChief Distribution Officer - Institutional Business

Sameer JoshiChief Agency Officer

Amit JaiswalChief - Proprietary Sales Officer

Kayzad HiramanekChief-Operations and Customer Experience Officer

Bharat KalsiChief Financial Officer

Sampath ReddyChief Investment Officer

Avdhesh GuptaAppointed Actuary

Santanu BanerjeeChief Human Resources Officer

Anil PMPresident - Legal Compliance and Fraud Prevention Unit

Goutam DattaChief Information and Digital Officer

Chandramohan MehraChief Marketing Officer

Awards & Accolades