India-based Anviti Insurance Brokers secures equity investment from Aon
Anviti Insurance Brokers, an Indian composite insurance broker, has secured an undisclosed equity investment by global professional services firm Aon, in exchange for a stake of 49%.
After getting license to operate in 2017, Anviti Insurance Brokers has been providing insurance and reinsurance broking services to corporate clients across India. The composite insurance broker has a workforce of more than 230 people across eight locations in India.
Anviti Insurance Brokers is promoted by Indian institutional investor Catamaran Ventures.
Jonathan Pipe – Anviti Insurance Brokers CEO said: “I am excited to transition Anviti into the Aon world as we continue to help Indian businesses prepare for the new better. We have strong capabilities in India and have established trusted advisory relationships since we started operations in 2017.
“I look forward to building upon this platform and accelerating results for our clients, colleagues and communities.”
Aon picks up 49% stake in Indian composite insurance broker Anviti Insurance Brokers. Photo courtesy of Adam.J.W.C./WIkipedia.org.
According to Anviti Insurance Brokers, the investment from Aon will enable it to further bolster its operations in India.
Anviti Insurance Brokers’ team will continue to lead its operations in India while accessing Aon’s technology and operations infrastructure for providing optimum client experience.
Sandeep Malik – Aon Asia Pacific CEO said: “I welcome the Anviti team to the Aon family. We are excited about the innovation that Aon can bring to our clients in India, create exciting new opportunities for our colleagues and realise the full potential of our firm in a dynamic market.”