AIA’s Partnership with Practo

Debevoise & Plimpton LLP advised AIA Group on the deal.

AIA Group Limited announced the formation of a new long-term strategic partnership between AIA Company Limited and Practo PTE Ltd, India’s leading digital healthcare platform.

Through the strategic partnership, AIA’s joint venture in India, Tata AIA Life Insurance Company Limited, will gain preferred access to Practo’s platform and become Practo’s exclusive provider of life insurance solutions and related wellness propositions in India.

AIA Group Limited and its subsidiaries comprise the largest independent publicly listed pan-Asian life insurance group.

Practo is India’s leading digital healthcare platform with a network of 70,000 top-tier hospitals and clinics and over 100,000 doctors across India.

The Debevoise team advising AIA is led by partner Edwin Northover (Picture) and includes associate Monisha D’Souza.

The team supported AIA in-house senior legal counsel, Manoj Ramachandran.

Involved fees earner: Monisha D’Souza – Debevoise & Plimpton; Edwin Northover – Debevoise & Plimpton;

Law Firms: Debevoise & Plimpton;

Clients: AIA Group Limited;

Author: Michael Patrini