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Insurers suggests agents to move to advisory model19-SEP-09
Insurers want their agents whose activity is driven predominantly by selling maximum number of policies, to expand their scope of work to advice customers.
SKS to extend micro-insurance cover17-SEP-09
Hyderabad-based SKS Microfinance, which has launched micro-insurance project ‘Swayam Shakti Suraksha’ in partnership with Bajaj Allianz Life Insurance to cover its members, has now decided to launch a similar product to cover members’ husbands.
Financial services arm's profit rises to Rs 42 crore16-JUL-09
Bajaj Finserv, the financial services arm of the Bajaj Group, posted a net profit of Rs 42 crore for the quarter ended June 30, 2009. It had posted a loss of Rs 36 crore in the corresponding period last year.
Not well insured07-JUL-09
While no finance minister can propose a "please all" budget, the current proposals have a mix of good and bad. The scrapping of FBT is in right direction. The tax structure, which has been left unchanged, is also understandable.
SKS Micro gets Rs 50cr funding from Bajaj Allianz02-JUL-09
SKS Microfinance, a Hyderabad-based non-banking finance company, has received a strategic investment of Rs 50 crore from general and life insurance firm Bajaj Allianz Life Insurance. SKS Microfinance and Bajaj Allianz partnered in April 2008 to launch India’s first micro-insurance product for the rural poor.
'Growth has to come from productivity, not opening offices'15-MAY-09
Bajaj Allianz Life Insurance Managing Director and CEO Kamesh Goyal is not willing to make any growth projection saying it will be foolish to do so. In an interview with Shilpy Sinha, Goyal says there is a need to change the business model and increasing efficiency since expansion entails capital infusion and puts pressure on finances.
SKS Microfinance to market Bajaj Allianz product16-APR-08
Hyderabad-based SKS Microfinance Private Limited on Tuesday introduced Swayam Shakti Suraksha, a group insurance product of Bajaj Allianz Life Insurance, for its members.
Bajaj Allianz Life rolls out new product10-JAN-07
Bajaj Allianz Life Insurance has launched Unit Gain Guarantee-SP, a single premium policy that offers capital guarantee plus returns ranging from 6-12 per cent. Bajaj Allianz said the plan was a
Bajaj Allianz to stick to regulars24-NOV-06
Bajaj Allianz Life (BAL) has drawn up plans to focus more on regular premium products.
Bajaj Allianz Life to start 150 branches29-AUG-06
To increase its premium income, Bajaj Allianz Life Insurance has opened branches on Nashik Road, Pimpalgaon Baswant and Satana.
Bajaj Allianz to open 4 branches in Nashik14-JUN-06
As part of its plan to increase its premium income from Nashik region to Rs 16 crore in 2006-07, Bajaj Allianz Life Insurance is set to open four new branches in the area before the end of this month.
Bajaj Allianz to expand, focus on rural areas12-MAY-06
Bajaj Allianz Life Insurance, with close to 60 branches in Punjab (50 in rural areas and 10 in cities), is all set to open more branches in the state, a majority of which will come up in rural areas.
Bajaj Allianz to target people in hills10-MAY-06
Bajaj Allianz Life Insurance Company, which is fast emerging as the top leader among the private life insurers, would target people living in the hills in Uttaranchal to expand its business.
Bajaj Allianz first premium income zooms06-APR-06
Bajaj Allianz Life Insurance has recorded first premium income of Rs 1,680 crore during the period between April 2005 and January 2006, according to chief executive officer Sam Ghosh.  This is four
Bajaj Allianz aims big in MP, Chhattisgarh24-MAR-06
Bajaj Allianz Life Insurance Company is looking at a turnover of Rs 380 crore from the next fiscal year in Madhya Pradesh and Chhattisgarh.
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