Willis Towers Watson Public Limited Company (WTW), a global advisory, broking, and solutions firm, Tuesday announce that it has acquired Global Commercial Credit to strengthen its trade credit and political risk insurance offerings.
The acquisition aligns with WTW's strategy of expanding into specialized, industry-focused sectors to drive growth.
This acquisition is expected to position WTW as a prominent trade credit insurance provider in North America, reinforcing its expertise in financial risk management.
The deal also includes ProfitGuard, a complementary credit risk service that will add value for WTW's global clients.
WTW is currently trading at $339.22, up $1.27 or 0.38 percent on the Nasdaq.
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