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

2,400 Kaiser Mental Health Professionals Strike in California Over AI Concerns

Posted: Mar 19, 2026

About 2,400 Kaiser Permanente mental health professionals were striking Wednesday in Northern Califo...

Penn. Seeks $2.6M Penalties From Utility Over Deadly Explosion at Chocolate Factory

Posted: Mar 19, 2026

Pennsylvania is seeking $2.65 million in penalties from a utility company over the March 2023 natura...

Jewelers Mutual Launches Digital Jewelry Insurance Program Powered by Sure

Posted: Mar 19, 2026

Sure, an insurance technology platform, announced the launch of a new digital jewelry insurance prog...