Aon Corporation announced the completion of the sale of its claims administration business, Cambridge Integrated Services Group Inc., to Scandent Group, an innovator in providing technology-enabled solutions and services, headquartered in Singapore.
Scandent’s main U.S. office is in Greenwich Conn. It provides business process outsourcing (BPO) and global IT consulting to U.S. and international companies, governments and public entities.
Aon said that as a result of the sale, it will “retain a minority equity ownership position in a parent of Cambridge.” Terms of the sale were not disclosed.
Aon Chairman and CEO Patrick G. Ryan commented: “Aon’s decision to enter into this new arrangement reflects our commitment to focus on core businesses, while ensuring the continued availability of claims services to clients.”
Topics Aon
Was this article valuable?
Here are more articles you may enjoy.
Pennsylvania Public Adjuster Law Adds Cap on Fees, Bans Ties With Contractors 
Allstate’s AI Ecosystem to Include a Personal Agentic Assistant for Customers 
Two Dead at Tampa Office After Man Drove Car into Building and Started Shooting 
LA Port Strike Risk Pushed to Friday as Labor Talks Continue 
