WTW acquires Redefind to enhance crypto insurance offerings, supporting digital asset owners with protection against theft and loss.
Quiver AI Summary
WTW has announced the acquisition of Redefind, a web-based platform that provides access to insurance for crypto and digital assets, as part of its strategy to enhance protection solutions for clients involved in digital finance. The new offering will be a non-custodial insurance solution designed to cover expenses related to the theft or loss of digital assets, including costs for forensic investigations and legal recovery. The service will initially launch in the UK with plans to expand further as its capabilities grow. WTW's leaders emphasized the importance of regulated protection solutions for the burgeoning digital economy and expressed commitment to helping clients manage risks in this space. The founders of Redefind will join WTW to continue developing the platform.
Potential Positives
- WTW's acquisition of Redefind expands its portfolio to include innovative insurance solutions specifically for digital assets and cryptocurrencies, positioning the company as a leader in the evolving financial landscape.
- The introduction of a non-custodial, cost-of-recovery insurance solution addresses a growing demand for protection against digital asset theft, catering to an increasing market of digital asset owners.
- The acquisition demonstrates WTW's commitment to adapting to emerging financial technologies and risks, enhancing its reputation for providing trusted and regulated solutions in the digital economy.
- Welcoming Redefind's founders to WTW signifies an investment in experienced leadership that can drive further innovation and expansion in the digital asset protection space.
Potential Negatives
- The company's focus on the emerging market of crypto insurance could expose it to significant regulatory risks and volatility associated with the digital asset space.
- Initial rollout limited to the UK, which may restrict immediate growth potential compared to competitors pursuing a broader global strategy.
- The acquisition may divert resources and attention from WTW's core competencies, potentially leading to integration challenges and operational inefficiencies.
FAQ
What is WTW's recent acquisition?
WTW has acquired Redefind, a platform facilitating access to insurance products for crypto and digital assets.
What does Redefind offer for digital asset owners?
Redefind provides a non-custodial, cost-of-recovery insurance solution for theft or loss of digital assets.
Where will the new service initially launch?
The service will initially launch in the UK, with plans for broader market expansion as capabilities evolve.
Who are the founders of Redefind?
The founders of Redefind are Richard Daws and Connor Edward, who have joined WTW following the acquisition.
What is WTW's goal with this acquisition?
WTW aims to expand its capabilities in digital asset protection and crypto insurance to meet increasing client demands.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$WTW Insider Trading Activity
$WTW insiders have traded $WTW stock on the open market 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $WTW stock by insiders over the last 6 months:
- MATTHEW FURMAN (General Counsel) sold 3,000 shares for an estimated $912,008
- LUCY CLARKE (President of Risk & Broking) purchased 1,896 shares for an estimated $499,340
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$WTW Revenue
$WTW had revenues of $2.4B in Q1 2026. This is an increase of 8.5% from the same period in the prior year.
You can track WTW financials on Quiver Quantitative's WTW stock page.
You can access data on WTW stock through the Quiver Quantitative API.
$WTW Hedge Fund Activity
We have seen 316 institutional investors add shares of $WTW stock to their portfolio, and 452 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CITADEL ADVISORS LLC added 552,964 shares (+2591.9%) to their portfolio in Q1 2026, for an estimated $160,746,634
- BARROW HANLEY MEWHINNEY & STRAUSS LLC removed 527,903 shares (-71.0%) from their portfolio in Q1 2026, for an estimated $153,461,402
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 476,225 shares (-16.8%) from their portfolio in Q4 2025, for an estimated $156,487,535
- BAUPOST GROUP LLC/MA removed 464,475 shares (-34.2%) from their portfolio in Q1 2026, for an estimated $135,022,882
- DODGE & COX added 406,889 shares (+5.9%) to their portfolio in Q1 2026, for an estimated $118,282,632
- HARRIS ASSOCIATES L P added 404,593 shares (+7.2%) to their portfolio in Q1 2026, for an estimated $117,615,185
- SOUTHPOINT CAPITAL ADVISORS LP removed 400,000 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $131,440,000
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$WTW Analyst Ratings
Wall Street analysts have issued reports on $WTW in the last several months. We have seen 2 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- BMO Capital issued a "Outperform" rating on 05/01/2026
- Barclays issued a "Underweight" rating on 01/08/2026
- Keefe, Bruyette & Woods issued a "Outperform" rating on 01/06/2026
To track analyst ratings and price targets for $WTW, check out Quiver Quantitative's $WTW forecast page.
$WTW Price Targets
Multiple analysts have issued price targets for $WTW recently. We have seen 13 analysts offer price targets for $WTW in the last 6 months, with a median target of $347.0.
Here are some recent targets:
- Meyer Shields from Keefe, Bruyette & Woods set a target price of $380.0 on 05/12/2026
- Matthew Heimermann from Citigroup set a target price of $300.0 on 05/06/2026
- Yaron Kinar from Mizuho set a target price of $338.0 on 05/05/2026
- Brian Meredith from UBS set a target price of $400.0 on 05/04/2026
- Michael Zaremski from BMO Capital set a target price of $300.0 on 05/01/2026
- David Motemaden from Evercore ISI Group set a target price of $360.0 on 05/01/2026
- Paul Newsome from Piper Sandler set a target price of $283.0 on 05/01/2026
Full Release
LONDON, June 02, 2026 (GLOBE NEWSWIRE) -- WTW (NASDAQ:WTW), a leading global advisory, broking and solutions company has today announced its acquisition of Redefind , an end-to-end web-based platform, designed to facilitate access to insurance products for crypto and digital assets.
This investment reflects WTW’s long-term strategy to expand into next-generation protection solutions for clients exposed to digital finance, crypto ecosystems and tokenised asset environments.
The proposition launches as a non-custodial, cost-of-recovery insurance solution, intended to support digital asset owners in the event of theft or loss. Coverage is designed to support expenses associated with forensic investigation, asset tracing, and legal recovery of stolen digital assets.
As part of the acquisition, Redefind’s founders, Richard Daws and Connor Edward joined Willis upon completion of the transaction.
The service will initially launch in the UK, with broader market and product expansion planned as capabilities continue to evolve.
Alastair Swift, head of global specialities at Willis said: “As digital assets continue to move further into the mainstream, demand for credible regulated protection solutions is increasing. Through this investment, WTW is taking a leading position to shape the future of risk transfer and protection in the digital economy.
“We are committed to supporting clients in navigating emerging financial and technology risks and to delivering trusted, regulated solutions backed by our global insurance expertise.”
Anthony Borgman, head of GB Affinity at Willis said: “We are delighted to have acquired Redefind and welcome its founders to WTW. Under Richard’s stewardship the business will continue to evolve with support from WTW’s Affinity practice and for wider distribution.
“This marks an important milestone in WTW’s broader digital strategy, providing a foundation to expand our capabilities in digital asset protection and crypto insurance.”
About Redefind
Redefind is a proprietary, end-to-end crypto insurance platform enabling individuals and institutions to purchase cryptocurrency and digital asset insurance across all forms of custody. Its enterprise-grade web application uses cryptographic proof of ownership to make previously uninsurable digital assets insurable.
About WTW
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.
Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.
Media contact
Lauren David
[email protected] / +44 7385 947619
