• Follow Us On : 

Aon Increases Stake to 100 Percent in Aon India Insurance Brokers, Acquiring Remaining Share from Catamaran

Redaksi | Kamis,02 September 2021 - 01:53:35 WIB
Dibaca: 265 kali 
Aon Increases Stake to 100 Percent in Aon India Insurance Brokers, Acquiring Remaining Share from Catamaran

SINGAPORE - 2 September 2021 - Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today announced that it has increased its stake in Aon India Insurance Brokers Pvt Ltd. from 49 percent to 100 percent, acquiring the remaining share from Catamaran Ventures.

Aon acquired a 49 percent stake from Catamaran Ventures in the Indian composite broking firm, Anviti Insurance Brokers Private Limited, in 2020. Anviti was founded by Catamaran in 2016 and subsequently rebranded as Aon India Insurance Brokers Private Limited in June 2021.

Jonathan Pipe, CEO, Aon India Insurance Brokers Private Limited, said, "We have strong local capabilities and have nurtured trusted advisory relationships in India. We are committed to addressing unmet client needs and look forward to continuing to bring the best of Aon to a dynamic market."

Sandeep Malik, Executive Chairman, Asia Pacific, Aon, said, "We are delighted to reach this milestone following our initial investment last year. This step reaffirms Aon's commitment to the Indian market and further enables us to create new sources of value for our clients, accelerate innovation and deliver a unique colleague experience. We are happy to have worked with Catamaran, which built the foundation to deliver immense client value with utmost integrity."

M.D. Ranganath, President, Catamaran Ventures, said: "Catamaran's objective has always been to bring world-class business practices to India by partnering with global companies and to create value and jobs in India. In a short period of time, Aon India Insurance Brokers has established itself as a leading, well-respected corporate insurance broking firm in India. We would like to thank Aon for the successful collaboration over the years and wish them a rewarding journey ahead."

Aon India Insurance Brokers Private Limited has over 300 colleagues across nine locations in India. Aon also helps companies make better workforce decisions through data, analytics and advice in India through its fully owned subsidiary, Aon Consulting Private Limited.

About Aon
Aon plc (NYSE: AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

About Catamaran
Catamaran is a catalyst for creating innovative enterprises in India and manages over $1 billion across asset classes. Catamaran invests in bold ideas from passionate entrepreneurs and works with them across stages to build successful enterprises. Further, it has partnered with respected global corporations to create enduring enterprises in India. Catamaran also invests in listed companies catering to large markets, with high standards of corporate governance and the ability to stay resilient across economic cycles.

Akses Wahanariau.com Via Mobile m.Wahanariau.com
Untuk Berbagi Berita / Informasi / Peristiwa
Silahkan SMS ke nomor HP : 085271472010
atau email ke alamat : [email protected]
Harap camtumkan detail data diri Anda
Pengutipan Berita dan Foto, Cantumkan Wahanariau.com Sebagai Sumber Tanpa Penyingkatan
Jumat,05 April 2019

Inability to Meet Evolving Customer Needs and Increasing Competition are Top Risks for Singapore SMEs: Aon Study

Lack of capital is the top reason for failure to meet customer needs and invest in innovation, wit

Jumat,04 September 2020

Aon Announces Singapore Coalition to Help Move the Economy Forward

Coalition to focus on creating a benchmark for how local businesses work, travel and convene in th

Selasa,27 April 2021

Work-life Balance, Mental Health and Burnout Pressing Issues for Singapore Workforce: Aon survey

Aon's 2021 Global Wellbeing Survey finds that globally, companies that improve employee wellbe

Rabu,23 September 2020

Workforce Agility is the Key to Future Success, Say 84% of Companies in Singapore: Aon Survey

Changing market demands due to COVID-19 are driving organisations to evaluate reskilling their workf

Kamis,06 Agustus 2020

COVID-19 Likely a Geopolitical Game Changer in Asia: Aon 2020 Risk Maps

CHINA - Media OutReach - August 6, 2020 - Aon plc (NYSE: AON), a leading global

Senin,03 Februari 2020

Aon Announces 2020 Round the Island Challenge

SINGAPORE - Media OutReach - 3 February 2020 - Aon plc (NYSE: AON), a leading global professional se

Selasa,25 Januari 2022

Trend Micro Blocks Over 94 Billion Threats in 2021

Detections increased 42% YoY as malicious actors stepped up their attacks HONG KONG SAR - 25 Januar

Selasa,25 Januari 2022

Chubb Commits US$10,000 Grant to Support Dementia Care in Singapore

SINGAPORE - 25 January 2022 - The Chubb Charitable Foundation announced today that it has

Selasa,25 Januari 2022

Hannspree Q2 Smart Watch Is Offering a Personalised Health & Wellness Experience

Twenty-Four Seven Health & Wellness Assistant Help Achieving Your Targeted Health Goal SINGAPOR