Willis Towers Watson acquires Redefind to expand crypto and digital-asset insurance offering
WTW has agreed to acquire Redefind, a digital-asset insurance broker, expanding its coverage of crypto and digital-asset risk — a category that has been thin on broker capacity since the 2022–2023 crypto exposure resets. Terms and closing date were not publicly disclosed.
The transaction was reported on June 2, 2026 by Insurance Journal and Reinsurance News, both citing WTW's announcement; neither publication disclosed financial terms. Redefind operates as a specialist broker for digital-asset risk — coverage placements for custodians, exchanges, NFT marketplaces, and institutional crypto holders — a niche that contracted sharply after the 2022 crypto-exchange failures led several capacity providers to non-renew. The acquisition fits a recurring pattern: brokers expanding digital-asset desks via tuck-in acquisitions of specialist boutiques rather than building organically (Aon and Marsh have made similar moves over the past two years, though scope has varied). For phidea.eu coverage of insurance-software stacks: WTW Radar and Redefind's placement tooling do not overlap directly; Redefind sits in the broking/distribution layer while WTW Radar is an actuarial reserving and capital-modelling product. The acquisition is editorial-notable as a market-position signal (WTW is signalling that digital-asset placement is now durable enough to acquire into) rather than a stack-consolidation move.