BAJAJ ALLIANZ LIFE INSURANCE COLLABORATES WITH
THOMAS COOK INDIA
Tie up to offer Life Insurance solutions across over 160 Thomas Cook offices
Mumbai, 12th June 2008: Thomas Cook, India’s largest integrated travel and travel
related financial services company will now offer life insurance solutions of Bajaj
Allianz Life Insurance, one of the leading private sector life insurance companies in
India through its distribution network of over 160 retail branches across the country.
Speaking on this occasion Kamesh Goyal, Country Manager Allianz and CEO Bajaj
Allianz Life Insurance said “Our partnership will help us offer life insurance
solutions through direct contact points at Thomas Cook retail offices, e-business site
and other locations”.
Madhavan Menon , Managing Director, Thomas Cook (India) Limited added to this
and said, “This partnership will help us to leverage the quality of service we offer to
our customers. Providing life insurance products to our customers across our 160
offices is a step forward in making Thomas Cook India a one-stop-shop for all your
travel needs.”
About Bajaj Allianz Life Insurance:
Bajaj Allianz Life Insurance Company is the leading Private Sector life insurance
Company in India. With a pan India presence and over 950 + towns, Bajaj Allianz
Life Insurance has already sold over 5 million policies. Bajaj Allianz Life Insurance
has developed insurance solutions that cater to every segment and age-income
profiles. For companies it provides comprehensive 'Employee Benefit Solutions'
(Group Term Life, EDLI, Gratuity, Super-annuation, Key man Insurance and more);
for the individual Invest Gain (a unique life insurance plan where sustenance of
income is combined in the same plan that also pays a lump sum), Cash Gain
(Money Back), Child Gain (Children's plan), Care First, Risk Care (Pure Term),
Lifetime Care (whole life), Term Care (term with return of premium), Saran Visitant
(Retirement Plan), Protector (Mortgage term insurance plan), UnitGain Plus Gold,
New UnitGain Super, New Family Gain, New UnitGain Plus, New UnitGain, New
UnitGain Premier, New UnitGain Easy Pension Plus, New UnitGain Easy Pension
Plus Single premium and Future Secure. Currently Bajaj Allianz has a product
portfolio of over 30 flexible and simple products and more need-based products are
in the pipeline
About Thomas Cook (India) Limited:
Thomas Cook (India) offers a broad spectrum of travel and related services such as
package tours, currency exchange and travel insurance as well as hotel and flight
reservations. Thomas Cook has been present in India for over 125 years and operates
over 160 offices at various locations in the country and has operations in Sri Lanka &
Mauritius. It employs over 2,500 employees and generated Income from Operations
of Rs 2.86 billion and a Net Profit of Rs. 519.2 million for 12 months period (Jan 07 –
Dec 07). In its initiative to be a ‘One Stop Shop’, the Company offers unique travel
products to its customers. During CY07, the Company launched a ‘Thomas Cook
Titanium Credit Card’ and a foreign currency Debit Card. It also came up with
products designed specially for students traveling abroad for higher studies. The
Company was acquired by Thomas Cook Group PLC from Dubai Financial Group
in March 2008. Additional information on Thomas Cook (I) Limited is available on
the Company website www.thomascook.in
For more information please contact:
Kruti Sharma
kruti.sharma@in.thomascook.com
+91-22-22048556 / 7 / 8