Bajaj Allianz Corporate Update
Key Technology & Customer Initiatives of Q1 FY23-24: 1/2
B Allianz
BAJAJ
Caringly yours
Digital Journey Metrics
Digital Agent Onboarding Q1 FY23-24
Digital Issuance Q1 FY23-24
From
100%
in FY 22-23 ->
100%
From 95.21% in FY 22-23 ->
95.64%
Digital Payment Q1 FY23-24
Net Promoter Score*
Motor
Health
PROOF OF
AUTO
FY22
FY23
FY22
FY23
INSURANCE
From
92.47% in FY 22-23 ->
94.12%
70
ā 72
68
ā 69
VPay Insurance
Industry first game changing
add on cover that offers 360-
degree coverage & umbrella
protection for all Motor OD
needs of insured vehicles
Key Initiatives Summary
A
Revamped Pet Insurance
Successfully launched a
revamped Pet Insurance
product, offering enhanced
coverage and streamlined user
journeys
TP Claims Legal Platform
Efficiently implemented a
comprehensive platform to
manage third-party legal
claims to optimize processes
Surveyor App for Non-
Motor Claims
Implemented cutting-edge
Surveyor App for Non-Motor
Claims, enabling faster
assessments and seamless
OD - Own Damage, TP-Third party, KYC-Know your customer, OCR-Optical character recognition, TR- traffic rewards
* NPS conducted by an independent agency across the customer journey
Integration with
Traffic Reward App
Integration with TR app,
traffic
rewards
an initiative of Road
Transport Ministry piloted
for Nagpur City
Offline KYC
Implemented Offline KYC
capabilities, streamlining
customer verification by
leveraging OCR solution
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