The acquisition provides Aon with additional access to the fast-growing, $200+ billion premium digital insurance market for SMEs, as well as the opportunity to leverage CoverWallet's platform to develop and scale innovative digital client experiences that support the firm's Aon United growth strategy.
"We started CoverWallet to reinvent commercial insurance. By building our customer-centric platform and leveraging advanced data science, beautiful design, and state-of-the-art technology, we have been able to simplify insurance," said Inaki Berenguer, CEO and Co-Founder of CoverWallet. "Aon's shared vision means we can continue pushing the boundaries of innovation into new markets and new products at a greater scale."