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: Jan 23, 2026
Premium renewal rates increased year-over-year for all major commercial lines, except workers’...
Posted: Jan 23, 2026
The auto sector is bracing for yet another potential supply chain disturbance, this time spurred by...
Posted: Jan 23, 2026
Days after announcing a deal to equip 10,000 engineers and data scientists at Travelers with AI assi...