Bajaj Finserv's historic acquisition of Allianz shares marks a new era in India's insurance sector: Sanjiv Bajaj, Chairman & Managing Director, Bajaj Finserv while speaking to Rishi Darda, Joint Managing Director & Editorial Director, Lokmat Media Group at the Lokmat Maharashtrian of the Year 2025 Award Lokmat Maharashtrian of the Year 2025 honors leaders shaping Maharashtra's future across business, governance, cinema, and public service. MUMBAI, 21 MARCH, 2025 (GPN): "This acquisition marks a significant milestone for us. Bajaj Allianz, which started in 2001 as a joint venture with Allianz, has grown into one of the finest insurance companies in India over the past two decades. With India's financial services and insurance sector presenting immense opportunities, both partners had the ambition to shape their own future.