Full-Time
Marketplace for direct-to-consumer insurance products
No salary listed
Senior, Expert
Atlanta, GA, USA
In Person
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 looking for various insurance options. Unlike many competitors, TRANZACT focuses on enhancing brand visibility and generating leads for its partners across multiple marketing channels. The company's goal is to provide tailored insurance solutions that meet customer needs while generating revenue through commissions and fees from the sales of insurance policies facilitated by its platform.
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,...