Bengaluru: AON has increased its ownership in the Indian AON insurance broker from 49% to 1,00%, obtaining the remaining share of Narayana Murthy’s Ventures Catamaran.
AON, which provides various risks, retirement and health solutions, has acquired 49% of the shares from Catalamaran in Anviti insurance broker last year.
Anviti was founded by Catamaran in 2016.
It was reactivated as Aon India’s insurance broker in June this year.
Anviti insurance broker provides insurance and reinsurance services to corporate clients.
MD Ranganath, Catalamaran President Ventures, said, “The purpose of Catamaran is to bring world-class business practices to India by partnering with global companies.
In a short time, AON India’s insurance broker has established itself as a leading company broking company in India.” Catamaran manages more from $ 1 billion in the entire asset class.
N R narayana Murthy’s Firm sells shares in Aon India
