Bajaj Allianz Corporate Update
BALIC - Key Strategic Differentiators
B
Allianz
BAJAJ
LIFE GOALS. DONE.
STRATEGY
• Continued focus on sustainable and profitable growth by maintaining balanced product mix and investment in
retail growth engines
Business construct is to maximize customer benefits while gaining market share in retail space, maintaining
shareholder returns and continued focus on increasing Net New Business Value (NBV)
DIFFERENTIATORS
☐
Pan India distribution reach with presence over 500 branches
■ Balanced channel mix Agency, Institutional Business
Diversified Distribution
including Banca, and BALIC Direct
Strong proprietary channels
Innovative products and Sustainable product
mix
■ Strong presence in group credit protection and online offerings
■ One of the largest Agency in terms of IRNB amongst private
players
■ Robust BALIC Direct channel to invest in up-selling and cross-
selling
■ Diverse suite of products across various need segments, with
an aspiration to provide our customers "Best in Class" features
■Innovative products & features like the Magnum Fortune Plus
(ULIP), Assured Wealth Goal (Non-Par), Guaranteed Pension
Goal (Annuity), SISO** (SIP), Smart Wealth Goal (ULIP), Flexi
Income Goal (Par) have witnessed strong response from the
customers
■ Embarked on a customer obsession journey
Efficient Operations
**Systematic in Systematic Out; FTR : First Time Right
■ Auto pay improvement across all cohorts and channels
■ Focusing on faster issuances, claim settlement and driving FTR
33View entire presentation