WEFOX ITALY SHAKES UP MOTOR INSURANCE

wefox Italy is shaking up the motor insurance industry with the launch of a new third party liability insurance product for motor and bike owners in Italy. The new products redefine existing standards and offer innovative service to customers.

"These exciting new products will be available of course from our insurance intermediaries and through our digital platform,” comments Matteo Bevilacqua, CEO of wefox Italy. “Our customers buying these products will enjoy new standards and service thanks to our sophisticated data analysis. wefox is focussed on moving away from the traditional insurance model which is based on 'repair and replace', to a new model that is fit for purpose for the way we live today. Our model is focussed on ‘predicting and preventing'. We use the latest AI technology and implement algorithms to create pay as you drive policies.”

wefox Italy has also established key collaborations within the automotive sector to better serve their customers. New partnerships include:

IMA Italia Assistance, providing a new car assistance guarantee that combines various insurance services, including roadside assistance and car replacement. The policy is provided through automated digital management, for quick and effective customer support. 

Swiss Re, with whom wefox actuarial team has developed a risk profile assessment model with the objective of increasing road safety based on the ADAS (Advanced Driver Assistance System) set-up. 

DAS, is the first Italian company specialising in legal protection, the collaboration manages claims and protects the rights of policyholders on behalf of wefox Italy.

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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