The Financial Year has come to an end and the results have been announced. The new leader of the private life insurance industry in India is Bajaj Allianz Life Insurance Company. The fastest growing life insurance company, which has consistently been among the top performers in the private life insurance sector, was confident of leading the pack in this sector and now with the year-end results announced it has proved its true mettle.

Sam Ghosh, Chief Executive Officer, Bajaj Allianz Life Insurance Company and Country Manager, Allianz was joyous in saying, “ My sincere thanks to all our valuable customers, agents, employees and other stakeholders whose constant support and valuable inputs have enabled us to reach right at the top. At Bajaj Allianz Life we have always placed our customers first. This not only explains our customized products but also our massive reach, which spreads across 570 offices and over 1,00,000 agents, bancassurance partners & corporate agents providing impeccable service. This customer focus, reach, decentralized management has propelled us to the top and in years to come one can only be assured of our consistent top quality service.”

The Company, which ranked No. 2 at the beginning of the financial year is today No.1 due to the huge leap in its new business.

Hat trick of No.1s as per the final IRDA results for 05-06
No 1 pvt sector life insurance co. for FY 05 -06 as per IRDA results leading by Rs 78 cr in the new business.

No1 pvt sector life insurance co. for individual life business ( retail) as per IRDA results leading by Rs 339 cr. in the new business.
No1.pvt sector life insurance co. for the key month of Mar 06 as per IRDA results leading by Rs 94 cr in the new business.
 
This consistent performance and Number One by big lead in every field resulting in a strong momentum which will continue to propel Bajaj Allianz to newer heights.

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Sourced From : Corporate Voice|Weber Shandwick

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