Aon combines commercial risk, health and reinsurance capabilities in India

Aon, a global insurance and reinsurance broker, has unified its commercial risk, health and reinsurance capabilities in India to operate as Aon Risk Insurance Brokers India Private Limited (ARIB), following approval from the National Company Law Tribunal.

This officially marks the completion of the merger process and the successful integration of Aon India Insurance Brokers Private Limited and ARIB.

The new entity will streamline operations under a single identity and IRDAI license, established in 2003, to deliver enhanced outcomes for clients and reinforce the firm’s position as one of the leading composite brokers in India.

Aon began risk management and insurance broking services in India in 2003, as a joint venture with Global Insurance Brokers.

Over the years, Aon India has made significant strategic, ongoing investments and enhanced capabilities through key acquisitions, including Anviti Insurance Brokers, Global Insurance Brokers (GIB), and CoCubes.

To foster further collaboration and operational efficiency, offices located within the same city are combining, including the firm’s talent consulting business.

This brings a unified presence of over 1200 employees across 17 cities in India to serve clients more effectively, says the firm.

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.”