Redefind Acquired by WTW | Financial Services M&A Deal

WTW has acquired Redefind, a insurance brokerage business in the digital asset insurance market, for $2.4B. Redefind provides coverage solutions for crypto and digital asset owners, including protection against theft and loss, supporting WTW’s expansion of digital asset insurance offerings. WTW acquisitions in financial services M&A focus on strengthening insurance brokerage capabilities for clients exposed to blockchain and cryptocurrency risks. The Redefind acquisition is an add on acquisition under a strategic acquisition strategy, with deal size reported above $100M and an announced status as WTW acquisitions continue to build out its crypto insurance platform.