Archive · 8 Jan 2026
Edme Expands in Construction, Reinsurance After UIB Acquisition
Edme Insurance Brokers, which recently bought UIB Insurance Brokers India, is growing in the areas of construction and reinsurance.
These areas now make up about 20% of their total money.
The company wants to grow much faster than the rest of the market.
They also plan to open offices in Dubai, Singapore, and London to help Indian companies abroad.
Additionally, they are starting to offer advice and insurance for risks related to climate change, like too much rain or problems with crops.
Edme Insurance Brokers acquired UIB Insurance Brokers India to strengthen its presence in construction and reinsurance.
Construction and reinsurance now contribute about 20% of Edme's revenues.
Edme aims to grow 50% faster than the market, targeting 15–18% annual growth.
The company plans to expand internationally, setting up offices in Dubai, Singapore, and London by 2027.
Edme is entering the climate risk advisory and insurance segment, offering solutions for climate-related events.
- Who
- Edme Insurance Brokers (formerly Aditya Birla Insurance Brokers)
- What
- Expanding in construction and reinsurance after acquiring UIB Insurance Brokers India
- When
- Acquisition completed on August 30, 2024
- Where
- India, with plans to expand internationally to Dubai, Singapore, and London
- Why
- To strengthen capabilities in construction insurance, reinsurance, and serve Indian corporates worldwide
- Company
- Edme Insurance Brokers
- Acquisition
- UIB Insurance Brokers India
- Revenue Contribution
- 20% from construction and reinsurance
- Growth Target
- 15–18% annually
- International Expansion
- Offices in Dubai, Singapore, and London by 2027
- International Revenue Mix
- 30% Southeast Asia, 40% Africa, 30% Middle East
- New Segment
- Climate risk advisory and insurance