Tagged: wefox

Germany’s Insurtech wefox Appoints Paul Onnen as Chief Technology Officer

wefox, the European insurtech, has appointed Paul Onnen as Chief Technology Officer, with immediate effect. Mr. Onnen takes over the role from Sergi Banos who “was promoted to Chief Platform Officer (CPO) as the company accelerates its plans to launch the platform that will connect… Read More

Insurtech Wefox Raises $55 Million in Convertible Debt after Raising Money at $4.5 Billion Valuation

Germany-based Insurtech Wefox has raised $55 million in debt financing following a funding round that valued the company at $4.5 billion. The news was covered by CNBC that reported UniCredit and Deutsche Bank provided the capital. The debt is convertible into equity at the next… Read More

Berlin’s Insurtech wefox Launches New Initiative to Support Digital Insurance Services

wefox, the Berlin-based insurtech, is launching a new brand claim: “wefox Empowering Insurance”. The new brand claim defines the company’s unique position “as more than just an insurance company.” It paves the way for wefox to also “provide a wide range of tech-enabled insurance solutions.”… Read More

European Insurtech wefox Appoints Jonathan Wismer as Group Chief Financial Officer

wefox is stepping up its plans for profitable growth and global expansion with the appointment of Jonathan Wismer as its new Group Chief Financial Officer (CFO) “effective 1 October 2023.” Wismer joins the company’s executive team and “reports to CEO Julian Teicke, founder of wefox.”… Read More

European Insurtech Firm wefox Appointed As Affinity Insurance Partner by WINDTRE, Italy’s Telecommunications Business

wefox, which claims tobe one of the leading insurtech firms, has been appointed as affinity insurance partner by WINDTRE, Italy’s telecommunications business. The company has launched its own insurance agency, WINDTRE Assicurazioni, “to provide insurance directly to its customers.” wefox will provide “a range of… Read More

Insurtech wefox Partners with Green & Advanced Transport Ecosystem (GATE)

wefox, which claims to be one of the world’s leading insurtechs, and GATE (Green & Advanced Transport Ecosystem), have formed a new partnership that uses digital solutions and a pay-per-use formula for the long-term rental of electric commercial vehicles, founded by Iveco Group. The multi-year… Read More

European Insurtech wefox Announces New Appointments to Extended Executive Committee

wefox, which claims to be the world’s leading Insurtech, has made three new appointments to its Extended Executive Committee. Dr Ronny Fischer is appointed as SVP Strategy, Fabienne Doerig is appointed as SVP Operations and Dr Marc Olivier Morant joins the ExCo in his existing… Read More

Insurtech wefox Raises $110 Million Series D at $4.5 Billion Valuation

wefox, a Germany-based Insurtech, has raised $110 million in Series D funding along with a $55 million revolving credit facility from Barclays and JP Morgan. The equity capital was raised at a valuation of $4.5 billion. wefox described the funding as buttressing its business model… Read More

Digital Insurance Firm wefox Launches Global Affinity Business

wefox, which claims to be one of the world’s leading Insurtechs, has launched its global affinity business, which connects insurance companies with partners to distribute insurance products. This new business “increases the existing distribution channel for wefox and extends the company’s ability to deliver insurance… Read More

Insurtech Firm wefox Announces Appointment of Nicholas Walker to Professional Team

wefox, which claims to be one of the world’s leading Insurtech firms, has recently “appointed Nicholas Walker as Chief HR Officer, with immediate effect.” Julian Teicke, CEO and founder of wefox said: “With Nick joining us as Chief HR Officer we are not only adding… Read More

Insurtech wefox Appoints Dr. Günther Blaich as Country Lead for Germany

wefox, which claims to be one of the world’s leading Insurtech firms, has announced the appointment of Dr. Günther Blaich as the Country Lead for Germany. Effective immediately, Dr. Blaich will be “responsible for leading wefox Germany and driving the company’s growth and profitability strategy.”… Read More

Insurtech wefox Receives Digital Trust Label from Swiss Digital Initiative

wefox, which claims to be one the world’s leading Insurtechs, has received the Digital Trust Label by The Swiss Digital Initiative, a Geneva based independent foundation for advancing digital trust and transparency globally. This Label recognizes wefox’s commitment “to data protection and information transparency.” The… Read More

Insurtech wefox Appoints Rene Besenbäck to Accelerate Business Growth in Austria

wefox, which claims to be one of the world’s leading Insurtechs, has appointed Rene Besenbäck as Head of Sales in Austria, with immediate effect. Rene Besenbäck will be “responsible for delivering sales for wefox Austria and working closely with the Head of Country, Rainer Vogelmann,… Read More

Insurtech wefox Raises $400 Million Series D, Valuation Increases

wefox, a Germany-based Insurtech, has raised $400 million in a Series D funding round that gave the firm a $4.5 billion “post money” valuation, according to a statement by the company. The funding was in both debt and equity. The company did not share the… Read More

Berlin’s Insurtech wefox Appoints Former Klarna Chief Risk Officer to Board

wefox, the Berlin-headquartered digital insurance firm, has appointed Hanna Jacobsson to the Board. Jacobsson will be serving as a Non-Executive Director with immediate effect. Julian Teicke, CEO and Founder of wefox stated: “As we continue to double our revenues and maintain our focus on growth… Read More

Berlin’s Insurtech Unicorn wefox Secures $650M in Capital via Series C, Reports $3B Post Money Valuation

Berlin-based wefox, a leading digital insurance firm, has acquired $650 million in capital as part of a Series C round. wefox now reports a post-money valuation of $3 billion. This latest investment round represents the largest Series C to date for an Insurtech (internationally), according… Read More

Astorya, Search Engine for Insurance and Banking Tech, Reviews 10 Years of Insurtech in Europe

Astorya.io, which aims to serve as the search engine for Insurance and Banking technologies, has published a blog post, titled InsurTech Europe: 10 Years Of InsurTech In Europe Analyzed Through 800+ Startups (based on data from astorya.io). While discussing how InsurTech startups are gaining considerable… Read More

Insurtech.Rocks Publishes its Swiss Insurance Technology Map for 2020, Featuring 20 High-Potential Startups

Insurtech.Rocks, a management and digital consulting firm focused on Switzerland’s insurance sector, has published its Swiss Insurtech Map for 2020. It features 20 insurance technology startups. Here are the 20 Insurtechs to look out for as we head into 2021: Insurtech firm Anivo offers insurance… Read More

Insurtech Strategy: wefox Targets Brokers to Massively Reduce Acquisition Costs While ONE Provides Real Time Insurance

Insurtech is seeking to upend and address the shortcomings of a sector of finance that many love to hate. Insurance is a unique product you pay for that you hope you never have to use. And too frequently, when you do need to use an… Read More

Insurtech ONE Announces Public Launch Following European License Approval

Germany based ONE, an Insurtech firm that is part of the Wefox Group, has announced the public launch of their platform. ONE says they are the first Insurtech startup to have received a license to passport their services across the entire European Union and Switzerland. Simultaneously,… Read More

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