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

New Exoskeleton System Said to Reduce Back and Strain Injuries by Almost Two-Thirds

Posted: Jan 23, 2026

An exoskeleton system developed initially by Vanderbilt University researchers decreased strain, spr...

Sweeping US Winter Storm Threatens Blackouts and Snarled Travel

Posted: Jan 23, 2026

A vast swath of the US — sweeping east from the Southern Rockies to the Mid-Atlantic and New England...

Pacific Life Seeks to Dismiss Kyle Busch’s $8.5M Lawsuit Over Insurance Policies

Posted: Jan 23, 2026

Pacific Life Insurance Company on Thursday asked a federal court to dismiss the $8.5 million lawsuit...