a 49 percent share from Catamaran Ventures in the Indian composite brokerage business, Anviti Insurance Brokers. Catamaran established Anviti in 2016 and then renamed it as Aon India Insurance Brokers in June 2021.
Sandeep Malik, executive chairman of Asia-Pacific, Aon, expressed optimism about the partnership and the new achievement. He said, “We are delighted to reach this milestone following our initial investment last year. This step reaffirms Aon’s commitment to the Indian market and further enables us to create new sources of value for our clients, accelerate innovation and deliver a unique colleague experience. We are happy to have worked with Catamaran, which built the foundation to deliver immense client value with utmost integrity.”
M.D. Ranganath, president of Catamaran Ventures, expressed delight over the collaboration. He also highlighted the company’s mission and the progress over the years. He said, “Catamaran’s objective has always been to bring world-class business practices to India by partnering with global companies and to create value and jobs in India. In a short period of time, Aon India Insurance Brokers has established itself as a leading, well-respected corporate insurance broking firm in India. We would like to thank Aon for the successful collaboration over the years and wish them a rewarding journey ahead.”
