Insurance Nj

COMPANY PROFILE BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LINITED

1

Bajaj Allianz General Insurance Company Limited is a joint venture between Bajaj Auto Limited and Allianz SE. Both enjoy a reputation of expertise, stability and strength. Bajaj Allianz General Insurance received the Insurance Regulatory and Development Authority (IRDA) certificate of Registration (R3) on May 2nd, 2001 to conduct General Insurance business (including Health Insurance business) in India. The Company has an authorized and paid up capital of Rs 110 crores. Bajaj Auto holds 74% and the remaining 26% is held by Allianz, SE. As on 31st March 2007 Bajaj Allianz General Insurance maintained its premier position in the industry by garnering a premium income of Rs.1803 crore. Bajaj Allianz has made a profit before taxes of Rs.117 crore and emerged as the first private insurance company to make profit before taxes of more than Rs.100 crores. The company also was the one of the highest profitable insurer among private insurance companies and made a profit after tax of Rs.75 crores. Bajaj Allianz is the only company to make underwriting profits for the last three years consecutively. For more details on a summary of our financials, please click here. For a copy of our Annual Report 2006-2007, Please click here. Bajaj Allianz today has a network presence in over 200 towns spread across the length and breadth of the country. From Surat to Siliguri and Jammu to Thiruvananthapuram, all the offices are interconnected with the Head Office at Pune. In the first quarter of the current financial year, 2007-08, Bajaj Allianz garnered a premium income of Rs. 574 crores, achieving a growth of 27% over the last year for the same period and Net profits rose to Rs.21 Crores.

Vision To be the first choice insurer for customers To be the preferred employer for staff in the2insurance industry.

OBJECTIVE The objective the project is to identify various general insurance policies provided by the company. Why should general public apply to these policies and what are the different flaws in the policies. Different advantages and benefits that a customer can derive from the project.

MOTOR INSURANCE Features •

Assured best deals on your Motor Insurance

•

Fair and Faster claims settlement

•

Discounts on back to back accident free years

•

Instant online renewal and issuance of your Motor Policy

•

Quick service on breakdown/accident with instant claim status updates

•

24x7 customer assistance for all product queries and claims information.

Benefits •

Save on your Motor Insurance policy.

•

Cashless claims at over 1500 Preferred Bajaj Allianz workshops pan India, 75%

•

on account payment .

•

when cashless facility is not available .

•

Transfer your existing No Claim Bonus from any Insurance provider ranging

•

from 20% - 50% .

•

0% EMI option available on payment through Citibank Credit Card.

•

Instant claims assistance and instant updates on your claim status on sms though

•

our 24x7 call centers.

•

Towing facility in an event of a breakdown/accident .

•

24/7

service

by

phone

or

3

online-even

on

holidays.

Advantages •

Huge savings with a comprehensive coverage for your vehicle.

•

Preferred workshops give you access to hassle free inspection, high service

•

standards and cashless.

•

settlement of claims in event of an accident/breakdowsettlement of claims in

•

event of accident/breakdown.

•

Carry your fortune for being a safe driver and earn discounts on Own damage

•

premium for back to back accident free years on an existing car or on any car

•

which you upgrade to.

•

Instant online policy renewal and issuance in just 4 easy steps that allows you to

•

have

a

peace

of

mind

for

another

year.

Bajaj Allianz can get you back on the road quickly. Our claims service is - 07', •

we resolved 2 available 24x7 and in FY 06'.3 lakh motor claims worth over 294

•

crores.

•

With a 24x7 assistance you can be sure we'll be there for you whenever you need

•

Us.

HEALTH INSRURANCE The worst nightmare that anyone can have is the one when a family member is hospitalized. Today, when everything is uncertain nobody can be sure what will happen. A seemingly small ailment can turn into major one. And what happens when the earning member of your family is hospitalized? But with a policy from Bajaj Allianz you and your family can rest assured! HEALTH GUARD Health care cost are high and getting higher. Who will pay your bills if you have a serious accident or major illness? Most of the times we are unprepared for these difficult times, emotionally, as well as financially. Bajaj Allianz's Health Guard Policy, protect you and your family in case you need expensive medical care. It also offers you cashless benefit & medical reimbursement for hospitalisation expenses. 4

Features Cashless Facility : With Health Guard, the member has access to the cashless facility at various

hospitals

across

India

(Subject

to

exclusion

and

conditions)

The member can opt for hospitals besides the empanelled ones, in which case the expenses incurred by him shall be reimbursed within 14 working days from submission of all the document. Pre and post - hospitalisation expenses : Covers relevant medical expenses incurred 60 days

prior

Covers

to

and

ambulance

90

charges

days in

after

an

hospitalisation.

emergency

subject

Cumulative bonus of 5 % to your sum assured for every claims free year. Family

discount

of

10

%

is

applicable.

to

limit

of

1000

Rs.

Health Check up for maximum amount of Rs. 1000 at the end of continuous four claim free

.

Income tax benefit on the premium paid as per section 80-D of the income Tax Act. Benefits 

No strain on pockets of insured .



Complete health coverage.



Extended financial support.



Comprehensive coverage .



Easy and less time consuming .

Advantages 

Option of treatment without making payments, across several hospitals.



Existing disease can also be covered .



Expenses covered for a longer period.



Covers other expenses too .



Simple documentation .

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Hospital Cash The Worst nightmare that anyone can have is the one when a family member is hospitalized. Today, when everything is uncertain nobody can be sure what will happen.

A

seemingly

small

ailment

can

turn

into

a

major

one.

And what happens when the earning member of your family is hospitalized? The family goes through the trauma of a loved one being hospitalized as well as an increased financial burden. There are hospitalization expenses, doctors fees and various

tests to be carried out.. Meanwhile the patient loses out on his earning for

being away

from work, and a dismayed and worried family begins to feel the anxiety of

the financial

implications.

But with a policy from Bajaj Allianz you and your family can be rest assured! It provides cash benefits for each and every completed day of hospitalization. Day for this purpose shall be every completed (24 hours) of hospitalization. However, period less

than 24 hours shall be considered as a day if it is a period of 12 hours but includes

0300

hours.

Features The Policy can be taken along with any other health insurance schemes, ESIS, CGHS etc. The

Benefits

payable

are

for

each

day

of

hospitalization

The benefit is doubled in case of ICU admission (for maximum 7 days) Photocopy of discharge card, along with copies of reports, bills and prescriptions corresponding

required

for

claims

processing.

Premium amount paid upto Rs. 15000/- p.a . is eligible for tax exemption under SEC 80 D of the Income Tax Act .

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Benefits 

Extended financial support



Extra support when desired most



Frees insured of mental anxiety / stress during difficult times.



Most in the family can be covered under the policy



Comprehensive coverage with nominal expense

Advantages 

Can be taken along with other health products - Health guard & Critical illness.



Additional financial support.



Simple and quick claims processing.



Acceptable age group for insured is 90 days till 60 years



Suitable at very low premium.

Critical Illness A Critical Illness plan means you can insure yourself against the risk of serious illness in much the same way as you insure your car and your house. It will give you the same security of knowing that a guaranteed cash sum will be paid if the unexpected happens and you are diagnosed with a critical illness. The purpose of of a critical illness plan is to let you put aside a small regular amount now, as an insurance against all this happening. The statistics speak for themselves and if you become a part of them at least you will be sure that lack of money won't add to your problems. Bajaj Allianz, in its efforts to provide a customer centric solution is offering an insurance policy to cover to some of these critical illnesses like.

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Benefits 

Very competitive premium rates.



Insured can opt for Sum Assured from 1,00,000 to Rs. 50,00,000 .



Premium paid is exempt under the Income Tax section 80 D .



The product is offered from 6 to 59 years .



Medical examination may be required in some cases based on the age and the benefit amount opted by the proposer.

Advantages 

The benefit amount is payable once the disease is diagnosed meeting specific criteria and the insured survives 30 days after the diagnosis.



The insured receives the amount as lumpsum so that he can plan the treatment accordingly .



Expenses like donor expenses in a transplant surgery, which are not covered under normal health insurance policy, can be paid out of the amount received under this cover both in India & abroad .



Claims procedure : The insured needs to submit the claim from along with certificate from the specialist confirming occurrence of the critical illness.

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Personal guard Life is full of uncertainties and unexpected events. Accidents can happen at home, at work, even at play.The death or injury of a breadwinner can create serious financial problems for any family. It is in situation like these, that you need to be prepared. To help

you soften the blow Bajaj Allianz offers the Personal Guard cover. Our Personal

Guard Policy offers these additional benefits. Features •

Comprehensive cover including death, permanent disability

•

Children's educational bonus

•

Comprehensive package

•

Single Proposal form

•

Daily allowance :Hospital cash

Benefits •

Highest compensation in general insurance for cases of Permanent Total

Disability

- 125% of sum insured •

Children's education is not hampered due to your accidental death or injury

•

All the insurance requirements are addressed by a single policy

•

Less time spent in fulfilling procedural requirement

•

Reduces the financial burden on the family

Advantages •

Covers accident & accidental injuries .

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•

Additional sum at disposal for your children's education .

•

Single Proposal form .

•

Simple documentation requirement .

•

Takes care of the ailments leading to hospitalization .

Silver Health Silver Health Plan offers you cashless benefit or medical reimbursement for hospitalization expenses due to illness or accident and is specifically for people aged between 46-75yrs which protects you and your spouse in case you need expensive medical care. Features Cashless facility : With Silver Health plan,the member has access to cashless facility at various network of 1500 hospitals across India(subject to exclusions and conditions) The member can opt for hospitals besides the empanelled ones, in which case the expenses incurred by him shall be reimbursed within 14 working days from submission of

all

the

document.

20% of co-payment of the admissible claim to be paid by the member if treatment is taken

in

a

hospital

other

than

a

network

hospital.

Cumulative bonus of 5 % to your sum assured for every claims free year. Health Family

Check

up

at

the

discount

end

of

of

continuous 5

%

four

claim

free

is

applicable.

Income tax benefit on the premium paid as per section 80-D of the income Tax Act. Benefits •

Offers cashless benefits through a network of 1500 hospitals across India.

•

Comprehensive coverage .

Advantages 10

year.

•

Covers accident & accidental injuries .

•

Additional sum at disposal for your children's education .

•

Single Proposal form .

•

Simple documentation requirement .

•

Takes care of the ailments leading to hospitalization .

ASSET INSURANCE Motor Insurance Features •

Assured best deals on your Motor Insurance

•

Fair and Faster claims settlement

•

Discounts on back to back accident free years

•

Instant online renewal and issuance of your Motor Policy

•

Quick service on breakdown/accident with instant claim status updates

•

24x7 customer assistance for all product queries and claims information.

Benefits •

Save on your Motor Insurance policy.

•

Cashless claims at over 1500 Preferred Bajaj Allianz workshops pan India, 75%

on

account payment when cashless facility is not available •

Transfer your existing No Claim Bonus from any Insurance provider ranging from 20% - 50%

•

0% EMI option available on payment through Citibank Credit Card.

•

Instant claims assistance and instant updates on your claim status on sms though our 24x7 call centers

•

Towing facility in an event of a breakdown/accident

•

24/7

service

by

phone

or

11

online-even

on

holidays

Shopkeeper Insurance Features •

Comprehensive package by a single policy

•

Uniform rate for money insurance

•

Single proposal form

•

Coverage for business interruption

•

Covers for damage to data media, software and cost of recovery of lost data

Benefits •

All the insurance requirements are addressed by a single policy .

•

Saving on costs .

•

Less time spent in fulfilling procedural requirement .

•

Smooth functioning of the business .

•

One stop shop / solution for the clients business related need .

Advantages •

Single Proposal form .

•

Complete coverage at lower premium .

•

Simple documentation . 12

•

Covers for unanticipated loss .

•

All needs of the client get addressed in a single policy .

Advantages Huge savings with a comprehensive coverage for your vehicle . Preferred workshops give you access to hassle free inspection, high service standards and cashless settlement of claims in event of an accident/breakdown. Carry your fortune for being a safe driver and earn discounts on Own damage premium for back to back accident free years on an existing car or on any car which you upgrade Instant online policy renewal and issuance in just 4 easy steps that allows you to have a peace of mind for another year. Bajaj Allianz can get you back on the road quickly. Our claims service is available 24x7 and in FY 06'-07', we resolved 2.3 lakh motor claims worth over 294 crores . With a 24x7 assistance you can be sure we'll be there for you whenever you need us. •

Travel Insurance Whether you travel for business or pleasure, international travel involves risk.Medical treatment abroad can be expensive & one never knows, when one would require it. There are other difficult situations also, that one might face like loss of passport or baggage. Bajaj Allianz's Travel companion is designed to help you deal with such situations while overseas travel.

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Features Covers medical expenses and repatriation Covers for any delay or loss in baggage Provides student package for students traveling abroad for abroad for studies Family floater available Benefits

Spend

for

medical

Takes Takes

care care

of of

bills

in

sudden

and

expenditures

in

foreign

foreign

currency

unforeseen land

away

expenditure from

home

Convenient and hassle free trip for the family Advantages Provides financial support outside the country Can take care of any emergency purchases in case of loss / delay in baggage Covers for accident of sponsor travel of family visit in case of hospitalization of insured. Entire family can be covered under one policy

Student Companion What does this Policy cover? This Policy consists of the following sections: Personal Accident -covering death and permanent disablement Medical Expenses and repatriation - covering hospitalisation expenses arising out of illness/sickness and also repatriation expenses for sending mortal remains to India Loss of checked baggage - covering total loss of baggage checked by an international airline

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Tuition Fee - In the event of the insured unable to continue the school semester due to any of the following reasons arising during the policy period, the Company shall reimburse the tuition fee paid in advance for the current semester, subject to maximum the limit shown in the schedule:

A. Serious medical condition of the insured requiring hospitalization covered under the policy B. Death or serious injury requiring hospitalization of either of the parents of the insured Accident To Sponsor -In the event of the sponsor named in the schedule meets with an accident during the policy period, which results in his death or permanent total disability during the policy period, the Company shall reimburse the remaining school fee subject to maximum the limit shown in the schedule. Family Visit-In the event of the insured become hospitalized as a result of an accidental injury or sickness covered under the policy and the attending physician advises the necessary attendance of a Family Member of the Insured, the Company will reimburse the actual cost of economy class transportation by the most direct route via a common carrier subject to maximum the sum insured. For this purpose, family member shall mean spouse, parent, sibling and in laws of the insured. Personal Liability - covering legal liability attaching in a private capacity during the course of overseas travel. This coverage is also subject to the exclusions of Personal Accident and Medical Expenses sections of the policy. Following are the Plans- All Coverage's in USD

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Coverage

Standard

Silver

Gold

Deductibles

Family Visit

USD 7500

USD 7500

USD 7500

NIL

Loss Of Baggage

USD 1000

USD 1000

USD 1000

USD 100

Medical Expenses

USD 50000

USD 100000

USD 200000

USD 100

Personal Acciden

USD 50000

USD 50000

USD 50000

NIL

Personal Liabili

USD 100000

USD 100000

USD 100000

USD 200

Accident to Spon

USD 10000

USD 10000

USD 10000

NIL

Tuition Fee

USD 10000

USD 10000

USD 10000

NIL

Travel Elite Bajaj Allianz General Insurance has recently launched an exclusive policy for high end travellers called Travel Elite- a cluster of benefitspolicy made for the specific customer group. Travel Elite is a plan for high end travellers who have various plans and packages to choose from : Travel Elite,Travel Age Elite,Travel Corporate Elite,Student Elite,Travel Asia Elite,Travel Elite Family. Features Covers personal accident and disability, medical expenses and repatriation Compensation in addition to sum insured under personal accident during the course ofjourney Covers for loss or delay of checked baggage and loss of passport Compensates for trip delay, curtailment and cancellation and pays when aircraft is hijacked Direct settlement for in-hospital medical expenses abroad Covers for home burglary Reimburses expenses during Golfer's Hole-in-one celebration. Benefits

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

Take care of expenditure in foreign lands currency



Ensures convenient and hassle free trip for the family



Help in sudden and unforeseen expenditure



Speed for medical bills in foreign currency

Advantages 

Covers cost of emergency purchase of replacement items during delay in checked baggage



Can take care of any emergency purchases in case of loss / delay in baggage



Customised to the needs of high-end customers



Provides financial support outside the country

Aviation

•



Backed by one of the largest Aviation insurers in the world



Global expertise



Flexible approach to meet the customers requirements



Fast claims settlement

We write 

Airlines



General Aviation



Fixed Wing



Helicopters



Airport Liability



Loss of License for Pilots



Crew insurance

17

Combines one of the most knowledgeable teams of aviation insurance professionals with the industry's most respected aviation insurance companies At Bajaj Allianz, we realize that every customer's aviation insurance requirements are unique. Our customers can be certain that their coverage is carefully tailored and customized to their specific needs. Bajaj Allianz has the capability, commitment, and resources to handle all of your aviation insurance requirements - from single engine aircraft to major airports - and everything inbetween.

Marine Hull Insurance Bajaj Allianz specializes in the following under Marine Hull Business 

Ocean Going Vessels



Coastal Vessels



Inland Vessels



Yachts and Pleasure Crafts



Port Crafts



Ship Building



Charter's Liability



We currently participate on the insurance of some of the largest fleets in India



We insure a large number of Coastal and Inland vessels



We have an experienced and dedicated team to manage this line of business



We are proactive in claims settlement



We are backed by one of the strongest hull insurers in the world ? Allianz



We leverage the global expertise of Allia

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Project Insurance •

Contractors

All

Risk

Insurance

Policy

.

Policy

.

Erection all risk / Storage-cum-erection policy . •

Contractor's

Plant

and

Machinery

Freigth Service Liability The policy can be issued to the players in the field of freight services in India. Till now the insurance on the marine liability of this industry was being placed abroad with a special permission from the Ministry of Finance, since no such cover was available in the market. This was so because no Indian Insurer had any experience or expertise in the market to provide and service this kind of covers. It also involved paying premium in foreign exchange with no or little involvement of the client in the event of claim. Over the past few years, the freight services industry has seen major changes with the introduction of Multi-modal Transporters (MTO) in the market. This was in addition to other players like freight forwarders, shipping agents, packing and consolidating agents clearing and forwarding agents etc. Many of these enterprises have also converted themselves into MTO and have taken the license within the purview of the MTO Act. At present there are about 350 licensed MTOs in the market and the number is growing. The Director General of Shipping gives the license to MTO and insurance of this kind is mandatory for issuing a license. The Policy: The policy developed by Bajaj Allianz takes care of all marine liabilities of the freight services industry. It is like an extension of carriers legal liability within the meaning of respective carriers act. To whom the policy can be sold: The policy can be sold to the following enterprises in the freight services industry: 

MTO 19



Freight Forwarder



Packing and Consolidating Agents



Custom House Agents



Hauliers



Clearing and Forwarding Agents



Ship Agents



In transit Warehousing

What operations does the policy apply to: The policy covers the following operations of the prospective buyers of the policy: 

Air Movements



Sea Movements



Road Movements



Rail Movements



NVOCC



Road Haulage Operations



Parcel Carrier

In additions to the above the policy can be extended to cover the operations of: 

Warehouse keeping



Errors and Omissions



Third Party Liability

20

What coverage does the policy provide: The policy provides for all legal liabilities that the freight services is exposed to in its respective operations, subject to terms and conditions proposed and agreed to by the insurers. In particular, the policy covers legal liabilities arising out of: Physical loss or damage to cargo while in the care, custody and control of the insured, or a party who has contracted or sub-contracted to provide transport services. Physical loss or damage to third party cargo, vessel, containers, vessels, vehicles or transport equipment belonging to another party and resulting from 1 above. Consequential loss and/ or business interruption resulting from 1 above. Cargo's proportion of general average, salvage and/ or salvage charges which are not recoverable by the customer.

•

Fines and Duty.

•

The Errors and Omissions extension would cover legal liability arising out of the operations of he insured following a negligent act, error or omission by the insured which does not give rise to a claim in 1 above.

•

The Third Party Liability extension would cover physical loss or damage to property, bodily death or injury or illness and legally recoverable consequential loss arising out of the operations of the insured. The policy is one of indemnity only unless otherwise specified in the schedule. It is also for claims made during the policy period except for the extension of the policy specifically stating the claims made basis nature of the cover.

EMPLOYEE INSURANCE Group Personal Guard Death We will pay the sum insured stated in the Schedule if death of the Insured or the insured

21

person occurs within 12 calendar months due to an accident occurring during the policy period . Permanent Total Disablement We will pay up to 125 % of the total sum insured if the Insured or the insured person is injured due to an accident occurring during the period of insurance and within 12 calendar months of its happening, the Injury becomes the sole cause of permanent total disablement. Permanent Partial Disablement We will pay a proportion of the sum insured according to the scale of benefits if the Insured or the insured person is injured due to an accident occurring during the policy period and within 12 calendar months of its happening, the Injury becomes the sole cause of a permanent partial disablement. Temporary Total Disablement We will pay a weekly benefit as stated in the Schedule if the Insured or the insured person is injured due to an accident occurring during the period of insurance and within 12 calendar months of its happening, the Injury results in the Insured or insured person being totally unable to attend his occupation as stated in the Schedule.

Children Education Bonus In case of Death or Permanent Total Disability of Insured or the insured person we will pay an additional amount to the Insured's or the insured person's children to support their education. Additional Benefits Medical Expenses

22

We will pay a percentage of the admitted claim under other specified coverage towards the actual medical expenses necessarily and reasonably incurred for medical treatment within 100 weeks of its happening if the Insured or the insured person suffers injury during the period of insurance and provided such treatment is received from a qualified and registered medical practitioner. Hospital Confinement Allowance In the event of the Insured or the insured person being confined in hospital for treatment of injury for which compensation is payable under this policy, a daily benefit is paid for such period of confinement subject to a maximum period of 30 days Classification of occupation Risk Class 1: You are mainly engaged in administrative or managing functions, Accountant, Doctor, Lawyer, Architect, Consulting Engineer, Teacher, Banker or primarily engaged in a similar occupation Risk Class II: You are engaged in manual labour, garage or motor mechanic, machine operator, paid driver of a car, a truck, a lorry or other heavy vehicles, cash carrying employee, woodworking machinist, or you are a Builder, Contractor, Engineer superintending functions, veterinary doctor, or engaged in a similar occupation. Risk Class III: You are working in underground mines, in explosive magazines or in electrical installations with high tension supply, or you are a Jockey, Circus personnel, engaged in racing wheels or horseback, big game hunting, mountaineering, winter sports, skiing, icehockey, river rafting, polo or in a similar activity or occupation.

23

If your personal occupation is not mentioned above, please do not hesitate to ask for specific information.

Special notes: The Policy can be issued to persons aged between 18 and 65. In case of children, they need to be aged between 5 and 19 to become eligible for coverage. The total sum insured is normally restricted to 70 times of Insured's monthly average earnings. The minimum premium is Rs.500 Scale of Benefits

Benefits

Compensation as % of the Sum Insured Death 100 Loss of sight on both eyes 125 Loss of both hands 125 Loss of both feet 125 Loss of one hand and one foot 125 Loss of one eye and one hand 125 Loss of one eye and one foot 125 Other total permanent 100 disablement An arm at the shoulder joint 70 An arm above the elbow joint 65 An arm beneath the elbow joint 60 A hand at the wrist 55 A thumb 20 An index finger 10 Any other finger 5

24

A leg above mid-thigh A leg up to mid-thigh A leg up to beneath the knee A leg up to mid-calf A foot at the ankle A large toe Any other toe An eye Hearing on one ear Hearing on both ears Sense of smell Sense of taste

70 60 50 45 40 5 2 50 30 75 10 5

In case of partial loss of one of these parts or sensory organs, we will pay a corresponding proportion. Should an accident affect parts, which are not mentioned here, then the payment depends on the degree of disability measured by a doctor on the panel of

the

Company.

General Exclusions: Suicide, self-inflicted injury, pregnancy or childbirth, pre-existing physical or mental defects, infections, bleeding from inner organs, aviation other than as a passenger, motor rallies, war, civil war, terrorism or similar situations OFFICE INSURANCE Office insurance Plate Glass Insurance Public Liability

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Fire Money BUSINESS MANUFACTURING Fire Public Liability Industrial All Risk Workmen’s Compensation Business Interruption Product Liability

SWOT ANALYSIS : STRENGTH : 1. Wide market share among private company. 2. Collaboration with well known Co. i.e. Allianze. 3. Presence in wide geographical area. 4. Diverse rage of products. WEAKNESS : 1. Low network of agents. 2. Little presence in rural market. 3. Less faith in Co. as compared to LIC.

OPPURTUNITIES :

26

1. Growing insurance industry in India. 2. Goodwill of Bajaj Allianze in insurance market. 3. Experience of Allianze in insurance industry.

THREATS : 1. Competition from other insurance company. 2. New innovative products from other insurance Companies. 3. Untapped market of Bajaj Allianze Insurance.

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