WTW has announced the acquisition of Redefind, an end-to-end web-based platform designed to facilitate access to insurance products for crypto and digital assets. The acquisition reflects WTW’s long-term strategy to expand into next-generation protection solutions for clients exposed to digital finance, crypto ecosystems, and tokenized asset environments. Financial terms were not disclosed. As part of the transaction, Redefind’s founders Richard Daws and Connor Edward joined Willis upon completion of the deal.
Redefind is a proprietary 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. The proposition launches as a non-custodial, cost-of-recovery insurance solution supporting digital asset owners in the event of theft or loss, with coverage designed to support expenses associated with forensic investigation, asset tracing, and legal recovery of stolen digital assets. The service will initially launch in the UK, with broader market and product expansion planned as capabilities continue to evolve.
The acquisition positions WTW at the forefront of an emerging and fast-growing insurance segment as digital assets move further into the mainstream and demand for credible, regulated protection solutions accelerates. Redefind’s integration into WTW’s Affinity practice will support broader distribution of the platform’s capabilities across WTW’s global client base. London-based WTW serves clients across 140 countries and markets, providing data-driven solutions in the areas of people, risk, and capital.
KEY QUOTES:
“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.”
Alastair Swift, Head of Global Specialities, Willis
“We are delighted to have acquired Redefind and welcome its founders to WTW. 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.”
Anthony Borgman, Head of GB Affinity, Willis
