WTW (NASDAQ:WTW) acquired Redefind, a web-based platform that provides access to insurance products for crypto and digital assets. The deal supports WTW’s strategy to expand next-generation protection solutions.
The non-custodial, cost-of-recovery offering will launch first in the UK, with global expansion planned.
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Positive
Acquisition of Redefind adds an end-to-end digital asset insurance platform
Supports WTW strategy to grow next-generation crypto and tokenised asset protection
Launch of non-custodial, cost-of-recovery insurance focused on theft or loss
Initial UK launch with plans for broader market and product expansion
Redefind founders join WTW, retaining stewardship of the evolving business
Negative
None.
News Market Reaction – WTW
-0.25%
-0.25%Session close to close
In the Jun 2 session, WTW declined 0.25%, reflecting a mild negative market reaction.
This announcement adds another step in WTW’s acquisition-led expansion, bringing Redefind’s web-base...
Analysis
This announcement adds another step in WTW’s acquisition-led expansion, bringing Redefind’s web-based platform for crypto and digital asset insurance into its franchise. It follows recent deals in pensions, private markets and U.S. broking, while recent filings highlight ongoing equity-based director compensation. Investors may watch for updates on UK launch traction, planned international expansion and how digital asset protection integrates with broader cyber and specialty offerings.
Agreed to acquire Cushon, adding fintech pensions scale and referral agreement.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Recent acquisition‑tag headlines for WTW have been followed by consistently negative next‑day moves, indicating a pattern of share price weakness around M&A news.
Recent Company History
Over the last six months, WTW has used acquisitions and M&A‑adjacent solutions to expand capabilities. Deals include Newfront on Jan 27, 2026, FlowStone Partners on Apr 1, 2026, and completion of the Cushon acquisition on May 5, 2026. It also launched Merger Protect to address regulatory costs in transactions. All five acquisition‑tag events showed negative 24‑hour price reactions, so the Redefind deal extends an ongoing strategic expansion into new segments.
Key Terms
non-custodial, digital assets, tokenised asset, forensic investigation, +3 more
7 terms
non-custodialfinancial
"The proposition launches as a non-custodial, cost-of-recovery insurance solution..."
Non-custodial means that individuals have full control over their own assets without relying on a third party to hold or manage them. Think of it like keeping your money in your own wallet instead of a bank’s safe deposit box; you are responsible for safeguarding and using your assets directly. For investors, this offers greater privacy and control, but also requires more responsibility for security.
digital assetsfinancial
"...insurance products for crypto and digital assets."
Digital assets are electronic files or representations of value stored electronically, such as cryptocurrencies, digital tokens, or digital art. They matter to investors because they can be bought, sold, and used for transactions much like physical assets, but exist entirely in digital form, offering new opportunities for investment and financial innovation.
"...crypto ecosystems and tokenised asset environments."
A tokenised asset is a piece of ownership or economic interest in something—like real estate, a loan, or a share—that has been converted into a digital token recorded on a secure electronic ledger. For investors it matters because tokens can make big or illiquid assets easier to split, buy, sell and settle quickly, similar to turning a whole painting into many numbered prints that can be traded individually, while introducing new legal and custody questions to consider.
forensic investigationtechnical
"Coverage is designed to support expenses associated with forensic investigation, asset tracing..."
A forensic investigation is a detailed, methodical probe into a company’s records, transactions and communications to uncover fraud, errors, or regulatory breaches—like a financial detective checking every thread of paperwork and electronic trail. For investors it matters because findings can reveal hidden losses, legal liabilities, or weakened controls that may change a company’s value, trigger fines or lawsuits, and affect confidence in management.
asset tracingtechnical
"...expenses associated with forensic investigation, asset tracing, and legal recovery of stolen..."
Identifying and following the path of money, property or investments to show who legally owns them or where they went, often used in fraud, bankruptcy or legal disputes. Think of it as following a trail of breadcrumbs through bank accounts, transfers and contracts to recover assets or establish claims. Investors care because successful tracing can affect how much value is recoverable, shape legal risk and influence loss estimates or recovery prospects.
digital asset ownersfinancial
"...intended to support digital asset owners in the event of theft or loss."
People or entities that hold legal or economic rights to digital assets—such as cryptocurrencies, tokenized securities, stablecoins, and non-fungible tokens—either directly in digital wallets or indirectly through custodians. They matter to investors because their holdings influence market demand, price swings, voting on network changes, and counterparty risk; think of them like owners of rare trading cards whose buying, selling, or losing those cards can move prices and affect trust in the market.
crypto insurancefinancial
"...foundation to expand our capabilities in digital asset protection and crypto insurance."
Insurance for cryptocurrencies is a financial product that promises to cover losses of digital assets caused by theft, hacking, technical failures, or custody mistakes, similar to how homeowners or bank insurance protects physical property or cash. It matters to investors because it lowers the risk of losing holdings, can influence which platforms or custody services they trust, and affects the overall stability and valuation of crypto businesses and portfolios.
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 Lauren.david@wtwco.com / +44 7385 947619
FAQ
What did WTW (NASDAQ:WTW) announce on June 2, 2026 regarding Redefind?
WTW announced the acquisition of Redefind, an end-to-end digital asset insurance platform. According to WTW, the deal enhances its ability to provide protection solutions for clients exposed to digital finance, crypto ecosystems and tokenised asset environments through a new non-custodial, cost-of-recovery proposition.
Why did WTW acquire Redefind and how does it fit WTW’s digital asset strategy?
WTW acquired Redefind to advance its long-term strategy in next-generation protection solutions. According to WTW, integrating Redefind supports clients facing emerging financial and technology risks and forms a foundation to expand capabilities in digital asset protection and crypto insurance across broader markets over time.
What services will Redefind provide within WTW’s digital asset protection offering?
Redefind will offer non-custodial, cost-of-recovery insurance for digital asset theft or loss. According to WTW, coverage is designed to reimburse expenses related to forensic investigations, asset tracing and legal recovery, helping digital asset owners manage the operational fallout from security breaches or misappropriation events.
Where will WTW’s Redefind-powered digital asset insurance service launch first?
The Redefind-powered digital asset insurance service will initially launch in the UK. According to WTW, the company plans broader market and product expansion as its capabilities develop, using the UK rollout as a base to refine offerings and distribution for future international deployment.
How does the Redefind acquisition change WTW’s position in crypto and digital asset insurance?
The Redefind acquisition positions WTW as an early provider of regulated digital asset protection solutions. According to WTW, the move helps it shape future risk transfer in the digital economy and strengthens its role in supporting clients across crypto ecosystems and tokenised asset environments.
What happens to Redefind’s founders after the WTW (WTW) acquisition?
Redefind’s founders, Richard Daws and Connor Edward, joined WTW following completion of the transaction. According to WTW, the business will continue to evolve under Richard’s stewardship, supported by WTW’s Affinity practice and wider distribution channels to scale digital asset and crypto insurance capabilities.
