Aon to Acquire Global Insurance Brokers to Enhance Risk Capital Offering for Clients in India

Sandeep Malik, Executive Chairman for Aon's Asia-Pacific Region, commented, "The Indian insurance market is developing rapidly, and this acquisition reflects our commitment to the Indian market as well as to helping our clients navigate volatility and make better decisions in a fast-changing environment."

Jon Pipe added, "Our clients are facing increasingly complex risks and evolving regulatory requirements. The combined capabilities of Global Insurance Brokers and Aon will allow us to better serve our clients across India in new geographies and industries."

Prabodh Thakker, Founder and Chairman of Global Insurance Brokers said, "We are excited about the opportunity to bring together the talent and capability of our two firms. Global Insurance Brokers shares common values with Aon and by joining together we will be better placed to drive innovation, develop talent and deliver enhanced solutions to help companies in India grow and protect their businesses."

Aon and Global Insurance Brokers will continue to operate independently until the transaction is completed, which is expected in the coming months.

Read more about Aon's capabilities in India here.

About Aon

Aon plc (NYSE: AON) exists to shape decisions for the better - to protect and enrich the lives of people around the world. Our colleagues provide our clients in over 120 countries and sovereignties with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business.

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