AON laps up remaining 51% stake in Aon India Insurance Brokers

This gives the company 100% control of the Indian insurance broker.

Professional services firm AON has acquired the remaining 51% stake in Aon India Insurance Brokers Pvt Ltd from Catamaran Ventures, giving AON full control ownership of the Indian insurance broker

Aon first acquired a 49% stake in AON, formerly known then as Anviti Insurance Brokers Private Limited before rebranding as Aon India in 2021, from Catamaran in 2020.

“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,” AON Asia Pacific Executive Chairman Sandeep Malik said.

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