Aon More Than Doubles Presence In Brazil With Admix Acquisition - Quick Facts

(RTTNews) - Aon plc (AON) announced an agreement to acquire Admix, a health and benefits brokerage and solutions firm in Brazil. Financial terms were not disclosed. Admix serves more than 6,700 clients and has issued more than $500 million in premium in 2015.

John Zern, CEO, Aon Health & Benefits, said: "The private health insurance market in Brazil has shown steady growth in recent years despite challenging macroeconomic conditions. We expect growth in this sector to accelerate as economic conditions improve and employers continue to look for ways to attract and retain key talent. Admix complements Aon's existing industry-leading capabilities, more than doubles our presence in Brazil and also expands our ability to serve clients in Latin America, and around the world."