Volkswagen Finance Pvt. Ltd., a wholly owned subsidiary of Volkswagen Financial Services AG, Germany, has signed a co-operation Agreement with Bajaj Allianz General Insurance. Through this co-operation agreement, Volkswagen Finance Pvt. Ltd., and Bajaj Allianz will be providing innovative and customized insurance products as well as bundled insurance and finance products for customers of the Volkswagen Group Brands – Audi, Skoda, Volkswagen Passenger cars presently being sold in India, as well as for Volkswagen Commercial Vehicles which is to be shortly launched in India.
Bajaj Allianz is one of the leading private general insurance companies and presently one of the largest preferred insurance partners for automobile manufacturers in India. Allianz SE, partners of Bajaj Allianz General Insurance and one of the leading insurance groups in Europe, is a global strategic partner for insurance services to the Volkswagen Group., said a release.