Willis Towers Watson acquires stake in Indian broker

Willis Towers Watson has acquired a 49 percent stake in Indian
intermediary Almondz Insurance Brokers.
In a statement, Willis said that along with its acquisition of
half the company, Almondz chairman Rohit Jain had been appointed
head of India at Willis.
Vivek Nath, Willis's head of South Asia, will also move from
Delhi to Singapore.
Willis has extensive back and middle office operations in India.
The company's London market premium and claims handling
processes are run through the country.
Alm