Global advisory, broking and solutions company Willis Towers Watson on Friday announced that it has acquired a 49 per cent stake in Almondz Insurance Brokers in India.
"There is increasing market interest and demand for broking services built around a deep expertise in risk management, analytics and differentiated products. This combination of Willis Towers Watson's global experience and Almondz's local expertise, and our common focus on superior client service, will reap added benefits for our clients, employees and the insurance and reinsurance sector in India," said Rohit Jain, Chairman, Almondz Insurance Brokers Private Limited.