Aon has entered into an agreement with Catamaran to establish a new broking joint venture in India. Aon plc 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 aim to provide world-class risk management and insurance broking solutions, empowering results for clients in India.
In a press statement, Aon said that 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. Completion of the transaction is subject to regulatory approvals.
