WTW to Sell Direct-to-Consumer Sales Unit Tranzact for $632 Million

Share!

Insurance Journal - Oct 01, 2024

Global insurance broker WTW has agreed to sell its direct-to-consumer insurance distribution business, Tranzact, to the private equity firm GTCR and Recognize, a technology services investment platform, for $632.4 million. “With the sale of Tranzact, we are exiting this direct-to-consumer &#82...

Read Full Article

Recommended Articles

California Commissioner Pushes for Wildfire Recovery Bill, Other Legislation

Posted: Sep 15, 2025

California Insurance Commissioner Ricardo Lara is urging Gov. Gavin Newsom to sign several wildfire...

Study: Medical Costs Double in California Comp Claims Associated With Functional Restoration Programs

Posted: Sep 15, 2025

Claims associated with functional restoration programs in California’s workers’ compensa...

Skyward Specialty Names Zitzmann as President of Inland Marine and Transactional Property

Posted: Sep 15, 2025

Skyward Specialty Insurance Group recruited Christopher Zitzmann as President of Inland Marine and T...