wefox Appoints Former CEO of Cosmos Direkt as COO

wefox, the Berlin-based digital insurance company, has appointed the former CEO of Cosmos Direkt, Dr David Stachon, as the new chief operating officer (COO).  Dr Stachon takes up his position on 1 July 2021 and will focus on driving the company’s global growth strategy. 

The move comes after wefox recently announced its record Series C investment round of $650m which gave the company a post money valuation of $3bn.

 

Julian Teicke, CEO and founder of wefox, said: “When we announced our record-breaking Series C earlier this month, we were very clear about our intentions. We will invest in technology and growing our global footprint. wefox will be the number one personal insurer within a decade."  

“David’s appointment demonstrates our commitment to achieving these goals. I am confident that with his experience and expertise in insurance and digital technology, he will deliver on our objectives.”

Dr Stachon said: “I am delighted to be joining wefox at such an exciting time and just off the back of a huge Series C investment round. “wefox is already disrupting the industry and is clearly reinventing insurance. Insurance was created to be a force for good.  It was all about people taking care of people.

“At wefox, that’s what insurance is once again. Using technology we make insurance about preventing risk and keeping people safe. I am determined that we will do more of that for more people around the world.”

About wefox

[GER]

wefox. Insurance. But simple. #1 insurtech der Welt.

wefox wurde 2015 von Julian Teicke, Fabian Wesemann und Dario Fazlic gegründet. wefox ist eine kategoriedefinierende Insurtech-Plattform, die Versicherungsunternehmen, Vertriebspartner und Kunden verbindet, um der Welt einen einfachen Zugang zu digitalen Versicherungslösungen zu ermöglichen. Das Ziel: die Sicherheit der Menschen zu gewährleisten, indem Versicherungen durch Technologie 10x besser gemacht werden. wefox ist die Muttergesellschaft der wefox Insurance, dem hauseigenen regulierten Versicherungsunternehmen.

[ENG]

wefox. Insurance. But simple. The world's #1 insurtech.

wefox was founded in 2015 by Julian Teicke, Fabian Wesemann, and Dario Fazlic. wefox is a category-defining insurtech platform that is connecting insurance companies, distributors, and customers, to give the world simple access to digital insurance solutions. The goal is to keep people safe by making insurance 10x better through technology. wefox is the parent company of wefox Insurance, which is the in-house regulated insurance carrier.


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