Bajaj Allianz General Insurance Co. Ltd.

bajaj allianz general insurance company limited is a joint venture between bajaj finserv limited (recently demerged from bajaj auto limited) and allianz se. both enjoy a reputation of expertise, stability and strength. bajaj allianz general insurance received the insurance regulatory and development authority (irda) certificate of registration on 2nd may, 2001 to conduct general insurance business (including health insurance business) in india. the company has an authorized and paid up capital of rs 110 crores. bajaj finserv limited holds 74% and the remaining 26% is held by allianz, se. in november 2014, the company was awarded the best general insurance company of the year, by asia insurance industry awards 2014, for its outstanding customer service levels, the innovations in the field of insurance and the sound financial management which has led to continuous profitability over the years. the company has also won the award for "best insurance company in the private sector - general"