MUMBAI (Feb. 1, 2016) - Aon has entered into an agreement with Catamaran to establish a new broking joint venture in India, maximising the technical and innovation capabilities of both firms worldwide.
Aon plc (NYSE:AON) is a leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions.
Catamaran is a leading Indian entrepreneurial, technology and evergreen investment firm that creates, partners with and funds innovative businesses globally. This insurance broking joint venture is part of Catamaran’s continuing mission to bring long-term excellence to underserved parts of India’s economy.
By combining Catamaran’s local expertise with Aon’s global resources, technical skills, and powerful data insights, Aon and Catamaran will provide world-class risk management and insurance broking solutions, empowering results for clients in India.
This partnership will also leverage cutting-edge technical solutions developed by Catamaran and its affiliate companies for the benefit of Aon clients and Aon group companies worldwide.
Aon and Catamaran are committed to delivering the highest levels of service to their valued clients in India, and are working closely with global and regional insurance partners and carriers to ensure a smooth transition.
Completion of the transaction is subject to regulatory approvals.
Aon plc (NYSE:AON) is a leading global provider of risk management, insurance brokerage and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 72,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative risk and people solutions. For further information on our capabilities and to learn how we empower results for clients, please visit: http://aon.mediaroom.com.
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For further information, please contact:
Gunjan Batra, +91 9871285557
Anita Bhoir, +91 9930390055
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