WEFOX APPOINTS HELEN HESLOP TO BOARD

wefox, the Berlin-based insurtech, has appointed Helen Heslop to the Board. Heslop will serve as a Non-Executive Director and Chair of the Audit Committee, with immediate effect.  

Julian Teicke, CEO and Founder of wefox said: “We have always had a clear purpose at wefox – to keep people safe. To achieve that we have a team of brilliant people.  It’s a pleasure to welcome Helen to that team. Her financial experience will without doubt come into its own as we maintain our focus on sustainable growth and profitability.”

Helen Heslop said: “I love the vision and the ambition at wefox. It’s exciting to join a company that has a clear strategy of how to improve the insurance experience through technology. I am looking forward to playing my part in the ongoing success of the business.”

 

Heslop, a former internationally experienced finance director, brings more than 20 years of financial services experience to wefox from across banking and insurance sectors, including PWC, GE Capital and Aviva. Heslop’s appointment is the latest in a line of recent Board announcements by wefox, which includes Prince Maximilian von und zu Liechtenstein and former Klarna executive, Hanna Jacobsson.

In July this year, wefox successfully closed a series D round of US$400m giving the company a post-money valuation of US$4.5bn.

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


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