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

Amazon, Google Named by EU Among ‘Critical’ Tech Providers for Finance Industry

Posted: Nov 19, 2025

European Union regulators on Tuesday designated 19 technology companies, including Amazon Web Servic...

Former Owner of Arkansas Apartment Complex Sued for Sexual Misconduct

Posted: Nov 19, 2025

The Justice Department announced that it has filed a lawsuit against Thomas Ray Kelso, the former ow...

Tulsa Approves Ordinance Allowing Fire Department to Bill Insurers for Car Accident Responses

Posted: Nov 19, 2025

The Tulsa City Council last week approved an ordinance allowing the city’s fire department to...