PRESENTATION ON TRAINING REPORT

OFBAJAJ ALLIANZ LIFE INSURANCE

COMPANY LTD SRINAGAR

Submitted by: Tanweer Hameed Beigh

TABLE OF CONTENTS INTRODUCTION

SECTOR PROFILE

COMPANY PROFILE

OBJECTIVES OF STUDY

RESEARCH METHODOLOGY

DATA ANALYSIS AND INTERPETATION

OBSERVATION AND FINDING

SUGGESTIONS

INTRODUCTION

Bajaj Allianz Life Insurance Co. Ltd. is a joint venture between two leading conglomerates- , Bajaj Auto, one of the biggest 2 and 3 wheeler manufacturers in the world and Allianz AG, one of the world's largest insurance companies

Is the fastest growing private life insurance company in India.

Currently has over 74,00,000 satisfied customers They have customer care centers in 1164 cities

with 30000 Insurance Consultant providing the finest customer service.

One of India's leading private life insurance companies

SECTOR PROFILE

LIC HDFC Standard Life Max New York Life ICICI Prudential Kotak Mahindra Birla Sun Life Tata AIG SBI Life ING Vysya Bajaj Allianz Metlife Aviva Sahara India Royal Sundaram Alliance Reliance ICICI Lombard Cholamandalam

COMPANY PROFILE COMPANY VISION To be the first choice insurer for customers To be the preferred employer for staff in the insurance industry. To be the number one insurer for creating shareholder value.   COMPANY MISSION As a responsible, customer focused market leader, we will strive to understand the insurance need of the consumers and translate

it into affordable product that deliver value for money. ACHIEVEMENTS Bajaj Allianz life insurance offers technical excellence in all areas of

Health Insurance as well as Risk Management. This partnership successfully combines Bajaj Auto’s in-depth understanding of the local market and extensive distribution network with the global experience and technical expertise of the Allianz group.

Bajaj Allianz has received “iAAA rating, from ICRA Limited, an associate of Moody’s Investor Services Claims paying Ability. This rating indicates highest claims paying ability and a fundamentally strong position.

BAJAJ ALLIANZ LIFE INSURANCE PRODUCTS

Personal Accident Hospital Cash Daily Allowance Policy Health Guard Critical Illness Burglary Insurance Householders Insurance Travel Companion Fidelity Guarantee Policy o Office package Money Insurance Public Liability Plate Glass Insurance Consequential Loss (Fire) Insurance Policy

OBJECTIVES

To study the sales Strategy of field force of Bajaj Allianz General Insurance.

To study the process of selling of Insurance Policies by Advisors.

RESEARCH METHODOLOGYResearch methodology is a way to systematically solve the research problem.

DATA COLLECTION

PRIMARY DATA SOURCES

Through interaction with insurance care consultant Through questionnaires filled from the insurance care

consultant.

SECONDARY DATA SOURCES:

Through internet, various official sites of the companies. Through pamphlets and brochures of the companies. Journals & Magazine

DATA ANALYSIS AND INTERPETATION

Many questioners where prepared and experienced with the customers and results where recorded.

OBSERVATIONS & FINDINGS This sales promotion process was very much satisfying for

me not only practically and academically but it also helped me in developing my communication skill and enriched my knowledge also.

I have come to know about the importance of marketing especially regard to Sales Promotion on the most renowned organization like Bajaj Allianz. Especially because of emergence of many competitor with, excellence in services & competitive product. The base of this chapter conclusion is on the data analysis.

SUGGESTIONS

Bajaj Allianz. Should use new techniques of sales promotion.

Customer services should be more comfortable than others.

People must be made aware of the benefits of the policies of Bajaj Allianz.

The Company should give personal attention to each customer.

Regular advertisement of the company

THANK YOU…….