On 3 July 2017, AON Schweiz AG, a leading global service provider for risk management, insurance and reinsurance brokers as well as adviser on human resources, has acquired 100% of the shareholding in PWZ AG, an independent insurance broker based in Zurich, Switzerland. PWZ is specialized in the areas of personal, property and asset insurance for Swiss SMEs with a focus on employee benefits.
Bär & Karrer acted as legal advisor to AON Schweiz in this transaction. The team included Peter Hsu, Daniel Flühmann and Tiffany Ender (all Banking & Insurance, M&A).