Announced
Financials
Tags
United States
Management Consulting
Private
Single Bidder
professional services
Majority
integrated professional services
Acquisition
Friendly
Pending
Synopsis
Aon, a global professional services firm providing a range of risk, retirement and health solutions, agreed to acquire CoverWallet, a provider of consulting services. Financial terms were not disclosed. The acquisition provides Aon with additional access to the fast-growing, $200+bn premium digital insurance market for small and medium-sized businesses, as well as the opportunity to leverage CoverWallet's platform to develop and scale innovative digital client experiences that support the firm's Aon United growth strategy. "We started CoverWallet to reinvent commercial insurance. By building our customer-centric platform and leveraging advanced data science, beautiful design, and state-of-the-art technology, we have been able to simplify insurance. Aon's shared vision means we can continue pushing the boundaries of innovation into new markets and new products at a greater scale," Inaki Berenguer, CoverWallet CEO and Co-Founder.
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