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

Fannie Mae, Freddie Mac Will Again Accept Actual Cash Value Home Insurance

Posted: Mar 20, 2026

Insurance industry trade associations are applauding a decision to change the homeowners insurance r...

Indian Gas Tankers Getting Ready to Sail Through Hormuz, Data Shows

Posted: Mar 20, 2026

Two Indian-flagged liquefied petroleum gas tankers are preparing to sail through the Strait of Hormu...

Football Club Lyon Sued for $63 Million Over Igor Jesus Funding

Posted: Mar 20, 2026

French top-tier football club Olympique Lyonnais is facing a $63 million legal claim to pay back deb...