INEOS Grenadiers cycling team announced a three-year partnership with WTW (NASDAQ: WTW), establishing the advisory and broking company as the team's exclusive global insurance partner.

The agreement includes WTW branding on team jerseys and vehicles, along with integrated marketing and engagement efforts across global markets. WTW will leverage the cycling team's international platform while providing its global expertise to the partnership.

"We are excited to announce this global partnership between WTW and INEOS Grenadiers, marking our strategic entry into sports sponsorship at the company level," said WTW CEO Carl Hess. "Professional cycling was a deliberate choice. It's defined by risk, preparation and long-term outcomes, closely aligned with the challenges our clients face and the expertise WTW brings to managing complexity and sustaining performance."

INEOS Grenadiers was founded in 2010 by Sir Dave Brailsford and has won the Tour de France seven times, including the first British victory in 2012 with Sir Bradley Wiggins. The team is owned by INEOS, a petrochemical manufacturer.

WTW provides data-driven solutions in people, risk and capital areas, operating in more than 140 countries and markets. The company approaches its 200-year anniversary in 2028.

The partnership will support joint storytelling and engagement initiatives. Additional details on specific partnership activations will be announced later, according to the companies' joint statement.