· wefox joins the Rossoneri family as a Premium Partner and Official Insurance Partner - starting from today, the leading European insurtech launches in Italy, consolidating its global presence
· An important deal that highlights the growth of an iconic Club – also beyond football - and the appeal of a brand with over 500 million fans across the globe. With wefox, the Club gets on a shared path of innovation and safety for the benefit of all, starting from the new generations
Milan, February 21st, 2022 – AC Milan is delighted to announce a new partnership with wefox, which sees the leading European insurtech become the Club’s Official Insurance Partner and its first-ever Official Back-of-Shirt Partner, joining the Rossoneri’s roster of Premium Partners.
As part of the agreement – and a historic first for AC Milan – the wefox logo will feature on the back of the men’s team playing kit, starting from the Serie A clash between AC Milan and Udinese on Friday 25th Feb. 2022. An important moment that underlines the appeal of the Rossoneri: an icon in sports and beyond with over 500 million passionate fans across the globe. The wefox logo will then be visible in all Serie A and Coppa Italia games as well as in all friendlies.
Through the partnership with AC Milan, wefox is now officially expanding to Italy, launching its innovative insurance products in the market in March. The partnership represents the union of two industry leaders, game changers in their respective sectors, outlining a vision of the future based on shared values, such as innovation, integrity and inclusion.
Since its launch in 2015, wefox has disrupted the insurance industry through the deployment of technology, making insurance accessible to anyone. wefox customers are able to manage insurance products and services in an intelligent and efficient way, and with complete confidence that their data is secure.
The same innovative drive has always been in AC Milan's DNA: a Club with a legendary heritage, which has developed a strong process of modernization and digitization, to continue to involve millions of fans around the world, sharing the positive values and emotions of sport.
Julian Teicke, Founder and CEO at wefox commented: “As a football fan, it is incredibly exciting to be here today with the AC Milan team. From today we’ve not only got the backs of the AC Milan players but together, we’ve got the backs of the millions of AC Milan fans around the world. We’ll help to keep the players and fans safe – whether they are playing out on the field or buying a motor insurance. We will provide them with insurance that is simple, easy and fit for purpose.
It’s a great honour to stand here, shoulder to shoulder with AC Milan CEO Ivan Gazidis and Chief Revenue Officer Casper Stylsvig and we are looking forward to great success for everyone over the years ahead”.
AC Milan Chief Revenue Officer Casper Stylsvig said: “We are delighted to welcome wefox into our exclusive family of Premium Partners. Having the wefox logo incorporated into our iconic red and black jersey gives us great pride. While the logo on our shirt will certainly be the most tangible aspect of this partnership, we want this moment to be the beginning of an exciting journey for both brands and our fans across the globe.”
About wefox
[GER]
wefox. Empowering Insurance.
wefox wurde 2015 von Julian Teicke, Fabian Wesemann und Dario Fazlic gegründet. Das Ziel des InsurTechs: Empowering Insurance - die Versicherungsindustrie vollständig zu digitalisieren und so alle Akteure auf einfachem Wege zusammenzubringen.
Im März 2024 wurde Mark Hartigan zum CEO der wefox Gruppe ernannt, um das Unternehmen in die nächste Wachstumsphase zu führen. Seit der Gründung 2015 hat das Unternehmen seinen Umsatz jährlich gesteigert und 800 Mio. USD im Jahr 2023 erzielt. wefox hat aktuell knapp 3 Mio. Kunden in seinen Märkten Deutschland, Österreich, Italien, Polen, den Niederlanden und der Schweiz.
Im Mai 2023 erweiterte wefox seine Series-D-Finanzierung um 55 Mio. USD und sicherte sich eine zusätzliche RCF in Höhe von 55 Mio. USD von J.P. Morgan und Barclays. Das Unternehmen ist mit 4,5 Mrd. USD bewertet.
[ENG]
wefox. Empowering Insurance.
wefox was founded in 2015 by Julian Teicke, Fabian Wesemann, and Dario Fazlic. 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.
In March 2024, Mark Hartigan was appointed CEO of the wefox Group to lead the company into the next growth phase. Since its founding in 2015, the company has annually increased its revenue and achieved $800 million in 2023. wefox currently has nearly 3 million customers in its markets of Germany, Austria, Italy, Poland, the Netherlands, and Switzerland.
In May 2023, wefox expanded its Series D financing by $55 million and secured an additional RCF of $55 million from J.P. Morgan and Barclays. The company is valued at $4.5 billion