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.
About wefox
[GER]
wefox. Empowering Insurance.
wefox ist ein 2015 gegründetes Insurtech, das ein Ziel verfolgt: Empowering Insurance - die digitale Transformation der Versicherungsindustrie vorantreiben und eine nahtlose Zusammenarbeit zwischen allen Beteiligten ermöglichen.[ENG]
wefox. Empowering Insurance.
Founded in 2015, wefox is an insurtech driven by a single purpose: Empowering Insurance - driving the digital transformation of the insurance industry and facilitating seamless collaboration among all stakeholders.