Qorus Innovation in Insurance Awards 2023

On The Spot Motor Claim Settlement by Bajaj Allianz General Insurance

Submitted by
premium
Q+
13/04/2023Insurance Innovation

About

Motor OTS (On-The-Spot) is a feature Bajaj Allianz General Insurance offers motor insurance policyholders. It allows customers to settle minor claims without requiring documentation or surveyor inspections. The service feature also eliminates offline follow-ups and empowers customers for faster claim settlement on their own. Overall, Motor OTS is a convenient and hassle-free way for Bajaj Allianz General Insurance customers to settle minor motor insurance claims quickly and efficiently.

Want to keep reading?

Become a Qorus member to get access to all our innovations

Interested in learning more? Speak to Boris, Qorus's Content Lead

Qorus has a library of almost 8,000 innovation case studies across critical areas like customer experience, sustainability, marketing & distribution and more that can be used to inform your decision-making.
Contact us

Related innovations

12/06/2025Banking Innovation

Instant Vehicle Loan

Instant Vehicle Loan is a fully digital, time-saving solution that lets our customers apply for and use vehicle loans through...

11/06/2025Banking Innovation

Automobile Loan Disbursement Project through Integration with TOGG.

As the sector’s first and pioneering bank, we introduced an end-to-end digital vehicle-loan facility for TOGG financing, commencing with the...

11/06/2025Banking Innovation

SIB Power Drive–Vehicle Loan Origination System (LOS)–Instant &Paperless auto loan journey

Developed completely in-house, VLOS enables instant sanctioning through API integrations with credit bureaus, dealers and the core banking system. It...

11/06/2025Banking Innovation

InsurTech Platform – Seamless, Embedded, API-First Insurance Distribution for the Digital Bank

A bank-owned, embedded insurance platform enabling 100+ digital journeys across channels with real-time data, hyper-personalization, and seamless insurer onboarding—transforming insurance...

Related news & insights

Insurance
08/07/2025Interview

At work with Gaurav Saxena

Gaurav Saxena is Chief Distribution Officer – Bancassurance at Aditya Birla Sun Life Insurance. He speaks with Boris Plantier from...

Innovation Awards Hub
07/07/2025Interview

How Ping An turned innovation into impact—and took home five awards

With no fewer than five trophies won, including the Gold award in the Global Innovator of the Year category, Chinese...

Mobility
07/07/2025Article

AutoMobility Insights - July 2025 edition

This article offers snapshots of recent events, showing profound changes in the automotive ecosystem. We select snapshots that make these...

02/07/2025Article

Qorus ramps up community engagement and outlines its 2025–2026 plans

The organization continues to strengthen its communities across five continents and is now unveiling its priorities to support the rapid...