. Bajaj Allianz General Insurance

Established: 2001
Headquarters: Pune, India
Ownership: Joint venture between Bajaj Finserv Ltd (India) and Allianz SE (Germany) — currently transitioning to 100% Bajaj ownership (as of 2024–25)

Bajaj Allianz General Insurance is one of India’s leading private sector general insurance companies, offering a broad spectrum of insurance products including health, motor, travel, home, cyber, marine, and commercial insurance. With a robust digital infrastructure and strong financial performance, the company serves over 150 million customers through more than 1,000 offices, 50,000 agents, and a wide bank partner network.

In health insurance, Bajaj Allianz is known for:

A large cashless hospital network (6,500+ hospitals)

Strong claim settlement capabilities

In-house health claim team (HAT)

Innovative tools like DriveSmart and the “Caringly Yours” mobile app

The company has consistently maintained a high solvency ratio and credit rating, and is widely recognized for digital innovation and fast claim service. As of 2024, it is in the process of becoming fully owned by Bajaj Finserv after Allianz’s exit from the joint venture.