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WTW Announces Agreement to Sell TRANZACT
Oct 01, 2024•over 1 year ago
Contract Type
agreement
JapanFinancial Services
Description
WTW has entered into a definitive agreement to sell its TRANZACT direct-to-consumer insurance distribution business to GTCR and Recognize for $632.4 million, focusing on its core business-to-business and business-to-business-to-consumer offerings. The sale is expected to close by the end of 2024, subject to regulatory approvals and customary closing conditions.
Company Information
Company
Willis Towers Watson
Location
Japan
About
Willis Towers Watson is a global provider of consulting, broking, and technology services. The firm specializes in risk management and insurance solutions. It aims to enhance its offerings for clients in various sectors, including digital assets. The company is publicly listed on Nasdaq under the ticker WTW.