Bajaj Allianz Corporate Update slide image

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 33
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