Aon has completed its acquisition of a 49% stake in Indian broker Anviti, which has since been rebranded as Aon India Insurance Brokers Private Limited.
The takeover was announced back in 2020 but has only now gained regulatory approval.
As a result, Aon said that it will now operate its insurance and reinsurance broking business in India under the Aon brand name.
“We are glad to have completed the transition of Anviti to Aon,” said Jonathan Pipe, CEO of the new branded business.
“We will continue to be trusted advisors to our clients in India and look forward to helping them mitigate the impact of the COVID-19 pandemic and protect their business and people.”
Sandeep Malik, Aon’s Asia Pacific CEO, also commented: Aon’s team will strongly support Indian businesses in moving forward with confidence and certainty during these challenging times.”
“Through our expertise, we will innovate new sources of value for our clients and create new opportunities for our colleagues,” he added.