BMW, Bajaj Allianz in motor insurance pact

New Delhi, Mar 1 (UNI) Auto major BMW India and Bajaj Allianz General Insurance today entered into an cooperation agreement for offering motor insurance to customers across the country.

BMW customers will now avail a range of insurance products from BMW Financial Services offered by Bajaj Allianz.

''The products and services offered will be a part of BMW Financial Services,'' BMW India President Peter Kronschnabl said.

The financial services will be offered to customers through the BMW dealership network and Direct Sales Agency's (DSA'S) network of Bajaj Allianz pan-India.

Bajaj Allianz Chief Executive Officer, Kamesh Goyal, said: ''With this cooperation agreement, Bajaj Allianz will provide motor insurance products and viable motor insurance services to BMW Group customers.'' A unique cashless facility for genuine spares and quality repairs will also be provided under the exclusive agreement.

An instant policy issuance at all dealership locations and a 24X7 help-line to offer assistance towards claims, and other queries will be set up at Bajaj Allianz for BMW customers.

Bajaj Allianz will also provide premium customer services like SMS alerts and online tracking of claims status for BMW customers, the first ever created for any premium car brand in India.

UNI