Chennai: Insurance Brokers and Risk Consultants swamp has increased its stake in its Indian branch marsh india Insurance brokers from 49 percent to 92 percent. Established in 2003, Marsh India, Marsh International Holdings Inc. and India-based Rampart Trust. With the approval of the Insurance Regulatory and Development Authority (IRDAI), Marsh has acquired shares from local partners, including the entire shareholding of Rampart Trust.
“This investment will further enhance our leadership position in one of the world’s most dynamic markets,” said Alex Mokarsky, Chairman of Marsh McLennan International and Chairman of the Board of Marsh India. By increasing its stake in the Indian entity, the firm aims to bring global expertise to support clients in India and further our leadership across the Asia region.
“This investment will further enhance our leadership position in one of the world’s most dynamic markets,” said Alex Mokarsky, Chairman of Marsh McLennan International and Chairman of the Board of Marsh India. By increasing its stake in the Indian entity, the firm aims to bring global expertise to support clients in India and further our leadership across the Asia region.
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