Archive · 12 Aug 2025
Edme Insurance Brokers Acquires UIB Insurance
Edme Insurance Brokers bought UIB Insurance Brokers India to boost its reinsurance business.
This merger aims to create a stronger insurance company in India.
The combined company will offer better insurance and risk management, using new technology.
UIB India's clients will get more choices and expertise.
Edme plans to use its ideas and UIB's reinsurance experience to create custom solutions.
This is expected to help the company grow quickly and become a major player in the Indian insurance market.
Edme Insurance Brokers acquired UIB Insurance Brokers India to strengthen reinsurance business.
The acquisition aims to provide better insurance solutions and risk management in the Indian market.
The merger will combine Edme's vision for innovation with UIB India's reinsurance expertise.
Clients of UIB India will gain access to broader expertise and product options.
The combined entity anticipates market-beating growth of 25% plus CAGR in the coming years.
- Who
- Edme Insurance Brokers, UIB Insurance Brokers India, UIB Group, Sanjay Radhakrishnan, Manish Mehta, and Surendra Mehta.
- What
- Edme Insurance Brokers acquired UIB Insurance Brokers India.
- When
- Not mentioned.
- Where
- India.
- Why
- To strengthen Edme's value proposition and reinsurance business, and to become a leading player in the Indian insurance market.
- Acquirer
- Edme Insurance Brokers
- Acquired
- UIB Insurance Brokers India
- Seller
- UIB Group
- CEO of Edme Insurance
- Sanjay Radhakrishnan
- Goal
- Enhance insurance solutions and risk management
- Combined Revenue (approx.)
- Not mentioned
