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WTW Announces Agreement to Sell TRANZACT

Oct 01, 2024over 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.

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