WTW to Sell Direct-to-Consumer Sales Unit Tranzact for $632 Million
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 R...
Recommended Articles
Posted: Nov 17, 2025
World Insurance Associates LLC acquired the business of Reinig Insurance Solutions in Lakewood, Colo...
Posted: Nov 17, 2025
A California state judge has ruled that 6,000 Black workers at Tesla’s flagship assembly plant...
Posted: Nov 17, 2025
The nonstandard auto insurance market in 2025 certainly looks to be maintaining the momentum it gain...