WTW targets stronger cash flow and strategic focus with $632.4m divestiture

Global broker WTW has decided to sell its direct-to-consumer insurance distribution business Tranzact for $632.4 million to “sharpen” its strategic focus on core areas, streamline portfolio, and boost cash flow margin expansion.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Florida P&C insurer targets IPO that could put a $1.2bn price tag on it

Fewer than 5% of Asia small businesses have cyber insurance

BP Marsh founder steps down as chair after 35 years

Newport Specialty Partners appoints COO and CIO

UIB hires international property head to expand specialty offering

Amwins Underwriting launches specialty casualty MGA with Aspen hire

Gallagher acquires environmental insurance broker Twin Elms

SiriusPoint launches crisis solutions unit with dual leadership hires

WTW targets stronger cash flow and strategic focus with $632.4m divestiture

More on this story

Editor's picks

Editor's picks

More articles