Minet, Africa Lighthouse seal Aon takeover
Pauline Dikuelo | Friday June 4, 2021 14:50
This follows the prior announcement of May 20, 2021, that regulatory approval had been obtained for Minet Group and Africa Lighthouse Capital to acquire Aon’s shareholding in Aon Botswana, effective June 1, 2021.
Minet Botswana now joins the Minet Group, a well-known and trusted pan-African risk advisory firm that has been rapidly expanding its African footprint since 2017 through the acquisition of Aon’s operations in Kenya, Lesotho, Malawi, Mozambique, Namibia, Tanzania, Uganda and Zambia.
Speaking during the launch on Tuesday, Minet Group CEO Joe Onsando said Minet Botswana becomes an Aon Global Network Correspondent, retaining its access to Aon’s resources, technology, and best practices, combined with the benefit of independent, local agility.
“The addition of Minet Botswana to our growing African network affirms our belief in the great opportunities for growth that Africa offers, driven by rising consumer demand, huge investment in infrastructure and quick adoption of new technology,” Onsando said.
Clients of Minet Botswana will experience continuity of product and service delivery standards they have come to expect, Onsando said, adding that soon, clients can expect enhanced offerings that combine agility with technology and product innovation, tailormade for their specific local needs.
“Our Correspondent agreement with Aon gives us access to global expertise and data-driven insights that uniquely position us to deliver risk advisory solutions that reduce volatility, thus driving improved performance for our clients. This is a very exciting time to be Minet in Africa,” he said.
Minet Botswana inherits deeply rooted respect by its clients for their innovative and locally relevant insurance, pension administration and employee benefits solutions, their responsiveness, and their efficient processes.