Aon completes acquisition of the SME insurtech platform CoverWallet

8 January 2020 —
Global re/insurance broker Aon announced that it has completed the firm's acquisition of the digital insurance platform for small and medium-sized businesses CoverWallet,.

With the acquisition, as the broker mentioned "Aon will expand its position in the fast-growing commercial insurance market for smaller businesses, while leveraging CoverWallet's technology and data & analytics capabilities to develop and scale digital client solutions".

"Since we announced this acquisition, we've grown even more excited by the opportunities we see to combine Aon's expertise in data & analytics and global distribution with CoverWallet's market-defining platform to create new sources of value for our clients," said Greg CASE, CEO of Aon. "CoverWallet is a truly innovative organization and we're ready to begin working together to strengthen and expand the application of their digital client experience."