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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 property place it as a number one entity with scale, assets 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 shoppers’ staff, members and policyholders.
Aptia now has a shopper base of 1,100 international shoppers 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 workforce.
In anticipation of its international launch, Aptia has bolstered its govt ranks with key senior appointments, attracting top-tier professionals with backgrounds in monetary companies, operations and expertise.
Viswanathan mentioned: “Aptia is dedicated to elevating requirements and offering our shoppers with contemporary views and insights. Our options, that are delivered by groups trusted by a few of the world’s largest employers, will ship actual worth to shoppers and their staff, members and policyholders.”
Burke added: “As a result of we’re launching with an skilled workforce and established platforms, we’ve a singular means to assist shoppers 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 property – our individuals and our expertise. By doing so, we place ourselves for the longer term, guaranteeing our means to ship forward-thinking and dependable options.”
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