A new pensions, health and benefits administration company, Aptia, has officially launched today (8 January).

The group initially announced plans to launch in June 2023, after the acquisition of the UK pension administration and US health and benefits administration segments of Mercer by Bain Capital Insurance.

The transaction included more than 3,500 employees across the UK, U.S., India, and Portugal that provide specialist solutions focused on the skills and technology that clients require to manage the health and wealth administration for their employees, members, and policyholders.

Commenting on the launch, group CEO and founder, Bala Viswanathan, said: "In a highly complex and underserved market, we are excited to launch a global specialist business that has a team with an unrelenting focus on client service and technological advancement.

“Aptia is committed to raising standards and providing our clients with fresh perspectives and insights. Our solutions, which are delivered by teams trusted by some of the world’s largest employers, will deliver real value to clients and their employees, members, and policyholders.”

Adding to this, group chairman and founder, Dominic Burke, said: "Because we are launching with an experienced team and established platforms, we have a unique ability to help clients navigate the complexities inherent in delivering efficient pensions and benefit administration.

“At the heart of Aptia’s strategy is a deep commitment to investing in our greatest assets – our people and our technology. By doing so, we position ourselves for the future, ensuring our ability to deliver forward-thinking and reliable solutions."

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