Edme merges with UIB India to expand wholesale and reinsurance reach

It will focus on tech investment, sector-specific offerings, and underserved markets.

Edme Insurance Brokers Ltd. and UIB Insurance Brokers (India) Pvt. Ltd. will merge their India operations, pending regulatory and statutory approvals, under the Edme Insurance Brokers name.

The deal aims to expand capabilities in wholesale, reinsurance, and retail broking, combining Edme’s digital and sector-focused solutions with UIB India’s reinsurance expertise and client network. 

The merged entity will focus on technology investment, sector-specific offerings, and growth in underserved markets.

The integration follows Edme’s 2024 acquisition of Aditya Birla Insurance Brokers, which expanded its product range. 

Edme said the UIB India merger strengthens its competitive position and supports both organic and inorganic growth plans in India’s insurance broking market.