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. wefox ist ein Insurtech mit einem einzigen Ziel: Empowering Insurance; die Sicherheit von Menschen gewährleisten, indem wir Versicherungen zugänglich machen. Seit der Gründung 2015 hat das Unternehmen seinen Umsatz jährlich verdoppelt und lag 2022 bei 580 Mio. USD. wefox hat aktuell über 2 Mio. Kunden in seinen Märkten Österreich, Deutschland, Italien, Polen, den Niederlanden und der Schweiz. Im Mai 2023 sicherte sich wefox eine Kreditfazilität von 55 Mio. USD von J.P. Morgan und Barclays und einen zweiten Abschluss seiner Series D in Höhe von 55 Mio. USD ab. wefox 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: enabling people to be safe through empowering insurance. Since launching in 2015, the company has doubled its revenues every year to reach US$580 million in 2022 serving more than 2m customers across Austria, Germany, Italy, Poland, The Netherlands and Switzerland where wefox currently operates. In May 2023, wefox secured US$55m credit facility from J.P. Morgan and Barclays alongside a $55m second close in its series D at US$4.5bn valuation.


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