BFL Loan Loss Provision and Operating Expenses
BALIC Key Strategic Differentiators
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STRATEGY
BBAJAJ Allianz
Continued focus on sustainable and profitable growth by maintaining balanced product mix and investment
in retail growth engines
⚫ Business construct is to maximize custom er benefits while gaining market share in retail space, maintaining
shareholder returns and continued focus on increasing New Business Value (NBV)
DIFFERENTIATORS
Diversified Distribution
Strong proprietary channels
Innovative products and Sustainable
product mix
Efficient Operations
■ Pan India distribution reach with presence over 509 branches
Balanced channel mix
including Banca, and BALIC Direct
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Agency, Institutional Business
Strong presence in online investments products & group
credit protection segments
■ 3rd largest agency in terms of IRNB amongst private players
in FY21
■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 new Guaranteed
Pension Goal (Annuity), SISO** (ULIP SIP), Smart Wealth Goal
(ULIP), Flexi Income Goal (Par), Smart Protect Goal (Term),
Guaranteed Income Goal (Non Par) have witnessed strong
response from the customers
■ End to end virtualization, Creating WOW moments
Industry first and Best in class innovations
**System atic in Systematic Out
☐
Focusing on faster issuances through various initiatives
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