Carl Hess/shutterstock.com_236012332

3 October 2024Insurance

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?

Login to your account

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

US GenAI lawsuits surge nearly 1000% from 2012 to 2025: Gallagher Re

25 March 2026 A distinct protection gap exists between traditional coverage and AI risk.

Sustained underwriting pressure a headwind for UK non-life insurers: AM Best

25 March 2026 Rate softening and weak demand set to test margins into 2026.

Three quarters of UK insurers use generative AI: Gallagher Bassett

25 March 2026 Document generation and management, claims processing and triage dominate.

More articles

US GenAI lawsuits surge nearly 1000% from 2012 to 2025: Gallagher Re

MS Amlin filters market noise, doubles down on reinsurance strategy

Swiss Re to tap reserves, Scor and Prudential eye capital upside: UBS

Sustained underwriting pressure a headwind for UK non-life insurers: AM Best

Three quarters of UK insurers use generative AI: Gallagher Bassett

Reinsurance’s liquidity problem is structural: Howden

Mercer boosts private markets capabilities with specialist buy

Canopius lines up Scor, ex-Marsh duo for global claims leadership

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze