Aptia, a pension, well being and advantages administration companies, has introduced the formal launch of its operations.
The corporate’s launch follows the acquisition of the UK pension administration and US well being and advantages administration segments of Mercer by Bain Capital Insurance coverage in June 2023.
Aptia mentioned these strategic belongings place it as a number one entity with scale, sources and experience within the insurance coverage sector.
The transaction included the switch of greater than 3,500 staff from the UK, US, India and Portugal to Aptia.
With these professionals, Aptia hopes to ship specialist options to handle well being and wealth administration for purchasers’ staff, members and policyholders.
Aptia now has a shopper base of 1,100 world purchasers and helps greater than seven million people.
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The management of Aptia contains Bala Viswanathan as CEO, Dominic Burke as chairman, and a seasoned administration group.
In anticipation of its world launch, Aptia has bolstered its govt ranks with key senior appointments, attracting top-tier professionals with backgrounds in monetary companies, operations and know-how.
Viswanathan mentioned: “Aptia is dedicated to elevating requirements and offering our purchasers with contemporary views and insights. Our options, that are delivered by groups trusted by among the world’s largest employers, will ship actual worth to purchasers and their staff, members and policyholders.”
Burke added: “As a result of we’re launching with an skilled group and established platforms, we have now a novel skill to assist purchasers navigate the complexities inherent in delivering environment friendly pensions and profit administration.
“On the coronary heart of Aptia’s technique is a deep dedication to investing in our biggest belongings – our individuals and our know-how. By doing so, we place ourselves for the long run, making certain our skill to ship forward-thinking and dependable options.”
