Skip to main content

WTW acquires U.S. West Coast trade credit insurance company, CFS International

NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today announced the acquisition of CFS International Inc. (CFS) into Willis, a WTW business. This targeted acquisition represents continued investment in the growing trade credit business, while concurrently expanding geographic coverage and presence on the U.S. West Coast.   

Founded in 1990, CFS has specialized in delivering trade credit insurance solutions to global firms. Recognizing the growing need for effective credit risk management in an increasingly complex and competitive environment, CFS built its reputation on helping clients compete globally through tailored trade credit and trade finance programs.  

Scott Burnett, Head of Corporate Mergers & Acquisitions for WTW’s Risk & Broking business, said, “The acquisition of CFS is our second in as many months. The first, Global Commercial Credit, expanded our trade credit footprint in the Midwest, while CFS enhances our coverage and service for clients and prospects on the West Coast. CFS aligns with our focus on specialized industries, expanding our resources and services nationwide. This deal strengthens our position as a leading trade credit provider and demonstrates WTW’s strategic investments to optimize our global portfolio and pursue high-growth broking businesses.”  

Ralph Clumeck, President of CFS, commented, “After more than thirty incredible years in the trade credit insurance industry, I am proud to announce that our firm has been acquired by WTW, one of the world’s leading advisory, broking and solutions companies. This world-class organization is a perfect strategic fit for our clients as the transition will provide them with broader access to the markets, a wider range of products and solutions, and the strength of one of the industry’s most respected names. As I step away from the business, I do so with confidence and gratitude, knowing that our clients are in excellent hands. Bridget Clumeck is excited to lead this next chapter, and she will continue to provide the exceptional service and support our clients have come to expect.”  

Todd Lynady, Regional Head of Willis Financial Solutions added, “Bringing CFS into WTW further demonstrates our commitment to building the leading trade credit platform in North America. We are excited to welcome their clients and colleagues, and we look forward to continuing to invest in regional talent and resources to better serve our clients throughout the U.S. and Canada.”    

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.
Learn more at wtwco.com.

Media Contact

Douglas Menelly; Douglas.Menelly@wtwco.com | +1 (516) 972-0380

Arnelle Sullivan; Arnelle.Sullivan@wtwco.com | +1 (718) 208-0474

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.