M&A Deal Summary

Willis Towers Watson Acquires Unity Group

On December 23, 2019, Willis Towers Watson acquired insurance company Unity Group

Acquisition Highlights
  • This is Willis Towers Watson’s 3rd transaction in the Insurance sector.
  • This is Willis Towers Watson’s 1st transaction in Panama.

M&A Deal Summary

Date 2019-12-23
Target Unity Group
Sector Insurance
Buyer(s) Willis Towers Watson
Deal Type Add-on Acquisition

Target

Unity Group

Panama City, Panama
Unity Group is a regional insurance broker in Central America with operations in six countries, specializing in property & casualty, affinity, health & benefits, personal lines and consulting services. Unity Group was founded in 1991 and is based in Panama.

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Buyer(S) 1

Buyer

Willis Towers Watson

London, United Kingdom

Category Company
Founded 1828
Sector Insurance
Employees49,000
Revenue 9.9B USD (2024)
DESCRIPTION

Willis Towers Watson is a global advisory, broking, and solutions company that helps clients around the world turn risk into a path for growth. Willis designs and delivers solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Willis Towers Watson was founded in 1828 and is based in London, England.


DEAL STATS #
Overall 7 of 12
Sector: Insurance M&A 3 of 7
Type: Add-on Acquisition M&A Deals 4 of 9
Country: Panama M&A 1 of 1
Year: 2019 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-01 Risk Capital Advisors Pty

Sydney, Australia

Risk Capital Advisors Pty Ltd. is a global M&A insurance broker. Risk Capital is a highly-experienced and hands-on team, providing expert, technical advice on all aspects of M&A insurance.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-13 Willis Towers Watson - Treaty Reinsurance Brokerage Operations

London, United Kingdom

Willis Towers Watson's Treaty Reinsurance Brokerage Operations provides a full range of insurance services.

Sell $4.0B