Redefind Acquired by Willis Towers Watson | Financial Services M&A Deal

Willis Towers Watson has acquired Redefind, a insurance brokerage business in the UK, for $500 million. Redefind provides an end-to-end web-based platform for non-custodial crypto and digital asset insurance, including coverage for theft or loss, forensic investigation, asset tracing, and legal recovery. Willis Towers Watson acquisitions expand its specialities and affinity distribution for clients exposed to tokenized asset environments and digital finance risk. The Redefind acquisition is an add on acquisition and strategic acquisition within financial services M&A, with Redefind founders joining Willis after completion; deal terms were not disclosed and the initial launch is planned for the UK.