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: Mar 31, 2026
Five years ago, almost no accident and health insurance claims at Ping An Insurance Group ran withou...
Posted: Mar 31, 2026
An Iranian drone hit a fully laden Kuwaiti oil tanker off Dubai early on Tuesday in one of the most...
Posted: Mar 31, 2026
Two firms tracking mergers and acquisitions in the insurance industry reported changes in property/c...