{"id":17294,"date":"2021-09-02T10:00:00","date_gmt":"2021-09-02T10:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/09\/02\/aon-increases-stake-to-100-percent-in-aon-india-insurance-brokers-acquiring-remaining-share-from-catamaran\/"},"modified":"2021-09-02T10:00:00","modified_gmt":"2021-09-02T10:00:00","slug":"aon-increases-stake-to-100-percent-in-aon-india-insurance-brokers-acquiring-remaining-share-from-catamaran","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/09\/02\/aon-increases-stake-to-100-percent-in-aon-india-insurance-brokers-acquiring-remaining-share-from-catamaran\/","title":{"rendered":"Aon Increases Stake to 100 Percent in Aon India Insurance Brokers, Acquiring Remaining Share from Catamaran"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\"><!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<p>SINGAPORE &#8211; <a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a> &#8211; 2 September 2021 &#8211; <a href=\"http:\/\/www.aon.com\/\">Aon plc<\/a> (NYSE: AON), a leading global professional services firm providing&#13;<br \/>\na broad range of risk, retirement and health solutions, today announced that it&#13;<br \/>\nhas increased its stake in Aon India Insurance Brokers Pvt Ltd. from 49 percent&#13;<br \/>\nto 100 percent, acquiring the remaining share from Catamaran Ventures. <\/p>\n<p style=\"text-align: center\"><img src=\"https:\/\/release.media-outreach.com\/release.php\/Images\/Thumb\/500x0\/174090\/Sandeep-Malik.jpg#image-174090\" width=\"500\"\/><\/p>\n<h5 style=\"text-align: center\">Sandeep Malik, Executive Chairman, Asia Pacific, Aon<\/h5>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Aon <a href=\"https:\/\/www.aon.com\/apac\/in-the-press\/asia-newsroom\/2020\/press-release-14-dec-2020.jsp\">acquired<\/a> a 49 percent stake from Catamaran Ventures in the&#13;<br \/>\nIndian composite broking firm, Anviti Insurance Brokers Private Limited, in&#13;<br \/>\n2020. Anviti was founded by Catamaran in 2016 and subsequently <a href=\"https:\/\/www.aon.com\/apac\/in-the-press\/asia-newsroom\/2021\/press-release-14-june-2021.jsp\">rebranded<\/a> as Aon India Insurance Brokers Private Limited in&#13;<br \/>\nJune 2021.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Jonathan Pipe, CEO, Aon India Insurance Brokers Private Limited, said,&#13;<br \/>\n&#8220;We have strong local capabilities and have nurtured trusted advisory&#13;<br \/>\nrelationships in India. We are committed to addressing unmet client needs and&#13;<br \/>\nlook forward to continuing to bring the best of Aon to a dynamic market.&#8221; <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Sandeep Malik, Executive Chairman, Asia Pacific, Aon, said, &#8220;We are&#13;<br \/>\ndelighted to reach this milestone following our initial investment last year.&#13;<br \/>\nThis step reaffirms Aon&#8217;s commitment to the Indian market and further enables&#13;<br \/>\nus to create new sources of value for our clients, accelerate innovation and&#13;<br \/>\ndeliver a unique colleague experience. We are happy to have worked with&#13;<br \/>\nCatamaran, which built the foundation to deliver immense client value with utmost&#13;<br \/>\nintegrity.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>M.D. Ranganath, President, Catamaran Ventures, said: &#8220;Catamaran&#8217;s&#13;<br \/>\nobjective has always been to bring world-class business practices to India by&#13;<br \/>\npartnering with global companies and to create value and jobs in India. In a&#13;<br \/>\nshort period of time, Aon India Insurance Brokers has established itself as a&#13;<br \/>\nleading, well-respected corporate insurance broking firm in India. We would&#13;<br \/>\nlike to thank Aon for the successful collaboration over the years and wish them&#13;<br \/>\na rewarding journey ahead.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Aon India Insurance&#13;<br \/>\nBrokers Private Limited has over 300 colleagues across\u00a0nine locations in India.&#13;<br \/>\nAon also helps companies make better workforce decisions through data,&#13;<br \/>\nanalytics and advice in India through its fully owned subsidiary, Aon&#13;<br \/>\nConsulting Private Limited.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>More information about Aon&#8217;s offerings in India&#13;<br \/>\nis available <a href=\"https:\/\/www.aon.com\/apac\/india\/default.jsp\">here<\/a>.\u00a0<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-09-02\/93191\/aon-increases-stake-to-100-percent-in-aon-india-insurance-brokers-acquiring-remaining-share-from-catamaran\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE &#8211; Media OutReach &#8211; 2 September 2021 &#8211; Aon plc (NYSE: AON), a leading global professional services firm providing&#13; a broad range of risk, retirement and health solutions, today announced that it&#13; has increased its stake in Aon India Insurance Brokers Pvt Ltd. from 49 percent&#13; to 100 percent, acquiring the remaining share from &hellip;<\/p>\n","protected":false},"author":1,"featured_media":17295,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/17294"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=17294"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/17294\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/17295"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=17294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=17294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=17294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}