Aon acquires Mayfair's global benefits portfolio to expand in APAC
Re/insurance broker Aon has completed its acquisition of the international health and benefits brokerage portfolio of Mayfair Group, a London-headquartered solutions provider to Indian multinational companies.
The deal enhances Aon’s employee benefits capabilities and strengthens its footprint in global benefits consulting and solutions, according to the statement.
"Mayfair’s expertise with Indian multinational companies and their leading operational platform, combined with Aon’s world class consulting, analytics and placement capabilities will create a powerful value proposition for Indian multinational companies," said Tim Dwyer, CEO of Aon health and benefits, Asia Pacific. "We are excited at the opportunity to grow our offering to clients in one of our most important markets."
Mike Chopra, CEO of Mayfair Group, said: "We have been exploring opportunities to enhance our offering to clients, and Aon was the perfect fit in terms of global footprint, expertise and culture. Together with Aon we look forward to providing truly distinctive solutions to Indian multinational companies and their subsidiaries."
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