Major international broker Aon recently announced its acquisition of Admix, a leading health brokerage and benefits solutions firm in Brazil.
Aon health and benefits CEO John Zern said the acquisition doubles the brokerage giant’s presence in Brazil and expands its capability to serve clients in Latin America.
Operating for 25 years, Admix has more than 1.4 million beneficiaries across 6,700 companies of all industries and sizes. It places about two billion Brazilian real in health and benefits premiums each year.
“We have been exploring opportunities to enhance our capabilities in Brazil and the Latin America region,” said Aon Risk Solutions
Latin America CEO Fernando Pereira.
“The acquisition of Admix provides us with expanded offerings in a sector that is of growing importance to employers, the country’s economy and consumers in Brazil,” he added.
For his part, Admix founder and owner Cesar Antunes said the deal with Aon will “create a combined firm with the highest quality people and solutions in the industry.”
Antunes said the company is also “excited” about Aon’s vision for the future of health and benefits in Brazil.
“Aon’s breadth and depth of experience, strong carrier relationships, and world-class capabilities will enhance our ability to create and execute health solutions,” Antunes said.
“Admix’s broker partners and clients will continue to realize financial and operational benefits from a scaled operating platform as well as enhanced data and analytics capabilities,” he added.
Aon prepares for new “sweeping” EU regulations
Aon completes Stroz Friedberg acquisition