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The Global Insurance Excellence Awards (GIEA) is a prestigious platform that recognizes the outstanding contributions of insurance advisors and companies that have made a significant impact in the industry. Bajaj Allianz General Insurance (BAGIC) is a joint venture between Allianz SE and Bajaj Finserv Limited, and it has been recognized with numerous awards for its innovative products, technology leadership, operational excellence, and commitment to customer satisfaction.
BAGIC has received over 300 prestigious awards, including the General Insurance Company of the Year award at the 27th, 26th, and 18th Asia Insurance Industry Awards, as well as the Best Organization for Women 2023 award from Economic Times. It has also won several awards at the IDC Future Enterprise Awards 2022, including the Best in Future of Work, Best in Future of Trust, and Future Enterprise of the Year awards.
As a leading general insurance company, BAGIC is committed to delivering exceptional value to its customers and has a strong focus on digitalization, innovation, and customer centricity. It has a robust distribution network of over 50,000 agents, 130 bank partners, and 9,000 motor dealers, and has served over 14 crore satisfied customers.
BAGIC is also a pioneer in the Indian insurance industry, having been recognized for its financial strength, profitability, and customer satisfaction. It has a team of over 10,000 highly competent and dedicated professionals who are committed to serving the company’s customers.
The company has introduced several industry-first products, including an artificial intelligence-driven chatbot, app-based instant motor claim settlement, and blockchain technology-based claim settlement. It has also launched innovative products such as individual cyber insurance, pet insurance, and surety bond insurance, which have transformed the general insurance sector.
In its aim to make a difference to society, BAGIC is committed to reaching every Indian household and contributing to the vision of “Insurance for All by 2047” set forth by IRDAI. The company is working towards building a sustainable and resilient economy, and its commitment to innovation, customer care, and collaborative growth positions it as a trailblazer in the insurance sector in India.