Pune-based Indian general and life insurance group, now wholly under Bajaj Finserv.
bajajallianz.comParent company
Bajaj Finserv Limited
Founded
2000 (Life Insurance 2001)
Industry
Insurance (general and life)
Employees
8,624 (General), 34,338 (Life)Headquarters
Pune, Maharashtra, India
MD (General Insurance)
Tapan Kumar Singhel
MD (Life Insurance)
Tarun Chugh
CFO (General Insurance)
Avais Aqil Karmali
Branches
Around 1,200 across India
Website
bajajallianz.comBajaj Allianz is the brand behind two Indian insurance companies headquartered in Pune: Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance. Both were set up around 2000 and 2001 as joint ventures between Bajaj Finserv Limited, part of the Bajaj Group, and the German insurer Allianz SE. The two companies share a registered office at Bajaj Allianz House on Airport Road in Yerawada, Pune, and operate through roughly 1,200 branches across India.
The ownership structure changed in 2025. On 19 March 2025 it was agreed that Allianz would exit the joint venture, selling its 26% stake to Bajaj Finserv for about 2.6 billion euros. Following that deal the entities were renamed in India's corporate registry, with the general insurer listed as Bajaj General Insurance Limited (CIN U66010PN2000PLC015329) and the life insurer as Bajaj Life Insurance Limited (CIN U66010PN2001PLC015959), both now sitting under Bajaj Finserv Limited.
The general insurance business is led by Managing Director Tapan Kumar Singhel with Avais Aqil Karmali as Chief Financial Officer, and the life insurance business is led by Managing Director Tarun Chugh with Vipin Bansal as Chief Financial Officer. The general insurer reports about 8,624 employees and the life insurer about 34,338. Neither insurance company is separately listed on a stock exchange, so standalone revenue and market capitalisation aren't publicly disclosed through the sources reviewed.
Managing Director, General Insurance
Chief Financial Officer, General Insurance
Managing Director, Life Insurance
Chief Financial Officer, Life Insurance
Interview experience
Favorable
Interview difficulty
Medium
Interview process length
About a day or two
Practice real interview questions with Hyring's AI interviewer and get instant, structured feedback before the real thing.
Q: There were happened self assessment
A: Treat the self-assessment as a chance to show honest reflection: rate your own work fairly, back each rating with a real example, and name one area you're actively improving.
Q: General insurance knowledge
A: General insurance covers non-life risks like motor, health, property, travel and marine, protecting assets against loss for a premium, usually on annual policies.
Q: Can I deliver what I commit?
A: Answer with a track record: give one example where you set a target, the steps you took, and the measurable result you delivered against it.
Q: Skills, Performance Mapping, Business Model, Reporting Structure, Appraisal Formats etc
A: Walk through how you'd run a branch: map each person's skills to targets, review performance against clear metrics, and use a defined reporting line and appraisal cycle.
Practice real interview questions with Hyring's AI interviewer and get instant, structured feedback before the real thing.
Monthly average
₹35,060/month
5 salaries reported Salaries submitted
Monthly average
₹30,334/month
3 salaries reported Salaries submitted
Monthly average
₹19,198/month
3 salaries reported Salaries submitted
Monthly average
₹26,729/month
6 salaries reported Salaries submitted
Monthly average
₹14,719/month
7 salaries reported Salaries submitted
Monthly average
₹28,113/month
3 salaries reported Salaries submitted
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July 8, 2026
Court orders Bajaj Allianz to pay Rs 20 lakh over rejected car insurance claim
A consumer court directed Bajaj Allianz to pay Rs 20 lakh after it rejected a car insurance claim on the grounds that the damage didn't match the owner's account of the accident.
#ConsumerCourt #MotorInsurance #Claims
View postMay 8, 2026
Bajaj Life Insurance declares record Rs 1,939-crore bonus for participating policyholders
The life insurance business declared a record bonus of Rs 1,939 crore for participating policyholders, one of its largest payouts to date.
#LifeInsurance #Policyholders #Bonus
View postApril 22, 2026
Jio and Allianz form 50-50 joint venture for non-life insurance in India
Allianz, after exiting its Bajaj ventures, formed a new 50-50 joint venture with Jio to set up a non-life insurance company, pointing to fresh competition in the Indian general insurance market.
#Competition #GeneralInsurance #Allianz
View postJanuary 8, 2026
Bajaj Group completes buyout of Allianz stake in insurance JVs for Rs 21,390 crore
Bajaj completed the acquisition of Allianz SE's roughly 23% stake in the two insurance joint ventures for about Rs 21,390 crore, giving the Bajaj Group majority control of both the general and life insurance businesses.
#MergersAndAcquisitions #Insurance #BajajFinserv
View postOctober 8, 2025
Bajaj Finserv rebrands insurance arms after Allianz exit
Following Allianz's decision to exit the joint ventures, Bajaj Finserv began rebranding its insurance subsidiaries, dropping the Allianz name from the general and life insurance units.
#Rebranding #Insurance #BajajFinserv
View postBajaj Allianz is the brand behind two Pune-based Indian insurers: Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance. Both were set up around 2000 and 2001 as joint ventures between Bajaj Finserv and Allianz SE.
