Bajaj Allianz General Insurance Company Limited is a joint venture between Allianz SE, the worlds leading insurer, and Bajaj Finserv Limited. The reputation, expertise, stability, and strength of this alliance is the driving force behind Bajaj Allianz General Insurance.
The Company received the certificate of registration from IRDA on 2nd May 2001 to conduct general insurance business in India. The company has an authorised and paid up capital of INR 110 crore. Bajaj Finserv Limited holds 74% and the remaining 26% is held by Allianz, SE.