Venture Intelligence (TSJ Media Pvt. Ltd.)
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Global professional services co Aon buys out Catamaran's 51% stake in insurance broking JV
Aon, a global professional services firm, increased its stake in Aon India Insurance Brokers from 49% to 100% by acquiring the remaining shares from Catamaran Ventures, the investment firm launched by Infosys' co-founder NR Narayana Murthy. In 2020, Aon had acquired a 49% stake from Catamaran Ventures in the composite broking firm, Anviti Insurance Brokers. Anviti was founded by Catamaran in 2016 and rebranded as Aon India Insurance Brokers Pvt Ltd in June 2021. Aon India Insurance Brokers has over 300 employees across nine locations in India. Aon also helps companies make better workforce decisions through data, analytics and advice in India through its fully owned subsidiary, Aon Consulting. Catamaran manages over USD 1 billion across asset classes.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.