Aon, the global insurance and reinsurance broker, has officially unified its commercial risk, health, and reinsurance operations in India under a single entity: Aon Risk Insurance Brokers India Private Limited (ARIB). This follows approval from the National Company Law Tribunal, marking the completion of the merger between Aon India Insurance Brokers Private Limited and ARIB.
Streamlined Operations Under One License
The newly integrated company will operate under a single IRDAI license, originally established in 2003. This consolidation aims to enhance client outcomes and solidify Aon’s position as one of India’s leading composite insurance brokers.
Aon began its risk management and insurance broking services in India in 2003 as a joint venture with Global Insurance Brokers. Since then, it has expanded through strategic investments and key acquisitions, including:
- Anviti Insurance Brokers
- Global Insurance Brokers (GIB)
- CoCubes
Stronger Collaboration and Broader Reach
To improve efficiency and teamwork, Aon is combining offices in cities where multiple units operate, including integrating its talent consulting business. The unified organization now brings together more than 1,200 employees across 17 cities in India.
Leadership Highlights Integration Success
Rishi Mehra, Chief Executive Officer, Aon India, commented: “This is a significant milestone for Aon in India. I’m incredibly proud of the dedication and teamwork exhibited by all colleagues over the last year, with an extensive network of professionals partnering to strengthen our broking and advisory capabilities across commercial risk, health and reinsurance solutions. We’re excited to officially come together as a fully integrated team to deliver unmatched service and expertise to help our clients make better decisions.”
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