Bajaj Allianz Life Insurance

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Bajaj Allianz Life Insurance Company Limited
IndustryInsurance Services
Area served
Key people
Tarun Chugh (MD & CEO) [1]
ProductsLife Insurance
Total assetsINR 56,620 Cr [2]
ParentBajaj Finserv, Allianz SE

Bajaj Allianz Life Insurance is a joint venture between Bajaj Finserv Limited (formerly part of Bajaj Auto Limited) owned by the Bajaj Group of India and Allianz SE, a European financial services company. Being one of the private insurance companies in India, it offers insurance products for financial planning and security.[3]

It is led by Tarun Chugh who is the Managing director and Chief Executive Officer of the company. [4]


Bajaj Allianz Life Insurance began operations on 12 March 2001 and today has a pan-India presence of 759 branches.[5] It is headquartered in Pune, India. Bajaj Allianz Life Insurance received the Insurance Regulatory and Development Authority (IRDA) certificate of Registration on 3 August 2001 to conduct Life Insurance business in India.[6]

Products and Services[edit]

Bajaj Allianz Life Insurance offers a range of insurance services, operating through Participating, Non-Participating, and Linked segments.

Bajaj Allianz Life Insurance launches digital branches through Mosambee. Mosambee is a handheld device that offers the services of a mobile branch and assists customers with an entire range of customer services.


  1. ^ "Bajaj Allianz Life Insurance". Retrieved 1 April 2017.
  2. ^ "Annual Report 2015-2016" (PDF). bajajallianzlife.[permanent dead link]
  3. ^ "Company Overview of Bajaj Allianz Life Insurance Company Limited". Retrieved 10 February 2014.
  4. ^ "Company new CEO and MD - Tarun Chugh".
  5. ^ "Bajaj Allianz Life Gets CARE AAA Rating for the Second Consecutive Year". Retrieved 3 March 2015.
  6. ^ "Bajaj Allianz Life Insurance company Info".

External links[edit]