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

Private Credit Sector Stresses Could Be Catastrophic, but Not Just Yet

Posted: Apr 06, 2026

Some investors think private credit is a tempest in a teapot. Others think it is about to spark a ne...

Trump Risks Confidence in US Role as Guardian of Global Shipping

Posted: Apr 06, 2026

Of all the things Donald Trump has done to disrupt global commerce, from levying punitive tariffs to...

CFPB Prepares Final Lending Rule to Narrow Civil Rights Protections

Posted: Apr 06, 2026

The U.S. federal watchdog agency for consumer finance expects to finalize new regulations proposed i...