Bajaj General Insurance Ltd - Company Profile
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Bajaj General Insurance Ltd (BGIL), formerly Bajaj Allianz General Insurance Co Ltd, a subsidiary of Bajaj Finserv Limited, is a provider of non-life insurance products. It offers motor insurance for private cars, two-wheelers and commercial vehicles. The company also offers health insurance, travel insurance, and home insurance. Furthermore, BGIL provides commercial insurance products for property, marine, liability, energy, and employee benefits. It also offers financial lines insurance products including directors and officers, international insurance programs, employment practices liability, prospectus liability, and commercial professional indemnity. It provides engineering insurance products offering coverage for erection all risks (EAR), business interruption, advance loss of profits, construction all risks, contractor's plant and equipment, electronic equipment, machinery breakdown, and engineering project cargo. It operates through a network of branch offices across the country. BGIL is headquartered in Pune, Maharashtra, India.
Headquarters
India
Address
Airport Road, Yerawada, Pune, Maharashtra, 411006
Website
www.bajajallianz.com
Telephone
91 20 66026666
No of Employees
9,121
Industry
Financial Services
Revenue (2024)
$1.4B
Bajaj General Insurance Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Motor Insurance | Drive Smart | Bajaj General |
| Travel Insurance | Claims Services | |
| Health Insurance | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Stake Sale | In January, the company sold its 26% stake to Bajaj Finserv Ltd, Bajaj Holdings & Investment Limited, and Jamnalal Sons Private Limited. |
| 2025 | Corporate Changes/Expansions | In October, the company changed its name to Bajaj General Insurance Ltd. |
| 2025 | New Products/Services | In June, the company introduced State-wise customised health insurance policies. |
Competitor Comparison
| Key Parameters | Bajaj General Insurance Ltd | ICICI Lombard General Insurance Co Ltd | IndusInd General Insurance Co Ltd | HDFC ERGO General Insurance Company Limited | Go Digit General Insurance Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Pune | Mumbai | Mumbai | Mumbai | Bangalore |
| State/Province | Maharashtra | Maharashtra | Maharashtra | Maharashtra | Karnataka |
| No. of Employees | 9,121 | 15,008 | 7,775 | 10,345 | 4,534 |
| Entity Type | Private | Public | Private | Private | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Sanjiv Bajaj | Chairman | Executive Board | - | - |
| Tapan Singhel | Chief Executive Officer; Director; Managing Director | Executive Board | 2012 | - |
| Anckur Anil Kanwar | Chief Financial Officer | Senior Management | - | - |
| Avinash Naik | Chief Information Officer | Senior Management | - | - |
| Amit Joshi | Chief Investment Officer | Senior Management | 2016 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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