|LONDON, Jan. 18, 2017 -- Aon announced it has completed its acquisition of Admix, a leading health and benefits brokerage and solutions firm in Brazil. Financial terms were not disclosed.
"Admix's brokerage and operational platform combined with Aon's world-class actuarial, brokerage, and consulting capabilities creates the largest, deepest and most experienced Health & Benefits team in the Brazil market," said John Zern, chief executive officer, Aon Health & Benefits. "Bringing together Aon and Admix allows us to expand our capabilities to better serve clients throughout Latin America."
Admix is a recognized pioneer and innovator in health and benefits brokerage and solutions in Brazil that has been serving clients for more than 25 years. The company has more than 1.4 million beneficiaries across approximately 6,700 companies of all industries and sizes and places approximately $2 billion BRL in health & benefits premiums each year.
Aon plc (NYSE:AON) is a leading global provider of risk management, insurance brokerage and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 72,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative risk and people solutions. For further information on our capabilities and to learn how we empower results for clients, please visit: http://aon.mediaroom.com.
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Admix is a leading health and benefits broker and benefits administrator focused on the SME market in Brazil. Founded 25 years ago and located in São Paulo, Brazil, with over 900 employees, Admix serves more than 6,700 clients and has issued more than $500 million in premium in 2015. Admix's strength lies in its deep knowledge of clients and products, combined with its scale, distribution (more than 500 active associated brokers) and superior technology, that enables a superior value proposition for clients. Admix's proprietary IT platform allows real-time operations monitoring and efficient implementation for new clients. The firm is uniquely positioned to succeed in the high-growth Brazilian private health and benefits market.