N R Narayana Murthy’s firm sells stake in Aon India

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BENGALURU: Aon has increased its stake in Aon India Insurance Brokers from 49% to100%, acquiring the remaining share from N R Narayana Murthy’s Catamaran Ventures. Aon, which provides a range of risk, retirement and health solutions, had acquired a 49% stake from Catamaran in Anviti Insurance Brokers last year. Anviti was founded by Catamaran in 2016. It was rebranded as Aon India Insurance Brokers in June this year. Anviti Insurance Brokers delivers insurance and reinsurance broking services to corporate clients.
M D Ranganath, president of Catamaran Ventures, said, “Catamaran’s objective has been to bring world-class business practices to India by partnering with global companies. In a short period of time, Aon India Insurance Brokers has established itself as a leading corporate insurance broking firm in India.” Catamaran manages over $1 billion across asset classes.





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