Full-Time
Posted on 7/3/2025
Marketplace for direct-to-consumer insurance products
No salary listed
No H1B Sponsorship
Atlanta, GA, USA
In Person
đź’°Finance & Banking (1) |
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TRANZACT operates a marketplace that connects customers with direct-to-consumer insurance products. The company uses advanced analytics and lead optimization to match individuals with suitable insurance policies through a network of over 900 sales agents. This approach allows TRANZACT to serve a wide range of clients, focusing on those looking for various insurance options. Unlike many competitors, TRANZACT enhances brand visibility and generates leads for its partners across multiple marketing channels. The company earns revenue through commissions and fees from the insurance policies sold via its platform. TRANZACT's goal is to provide tailored insurance solutions that meet the specific needs of customers.
Company Size
501-1,000
Company Stage
Acquired
Total Funding
$632.4M
Headquarters
Fort Lee, New Jersey
Founded
1997
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Hybrid Work Options
Flexible Work Hours
WTW has completed the sale of TRANZACT to GTCR and Recognize, marking a strategic shift to focus on core advisory and broking services. TRANZACT, known for its insurance technology solutions, will benefit from GTCR's expertise in scaling tech businesses and Recognize's digital services investment. This move aligns with WTW's strategy to adapt to market changes and enhance client service. The transaction is expected to streamline WTW's operations and support TRANZACT's growth under new ownership.
Innovative Leader in Insurance Distribution and Marketing Services to be Run by Existing Management Team,...