WEFOX APPOINTED AS AFFINITY INSURANCE PARTNER BY WINDTRE

wefox, one of the world’s leading insurtech, has been appointed as affinity insurance partner by WINDTRE, Italy’s leading telecommunications business. The company has launched its own insurance agency, WINDTRE Assicurazioni, to provide insurance directly to its customers.


wefox will provide a range of services and consultancy, starting from its innovative and modular technology platform, through which clients will be able to activate insurance products in-store easily, quickly and digitally. These include insurance products and service solutions. The launch includes two products, home and travel insurance, with additional products to follow. The first insurance carriers involved in this innovative multi-product and multi-insurer proposition are Net Insurance and AXA Partners Italia.


The deal is a 10-year commitment. WINDTRE customers will benefit from innovative insurance products that are fit for purpose, transparent, and easy to understand. 


Julian Teicke, CEO at wefox said: “Our partnership with WINDTRE is an endorsement of our distribution strategy and technology platform. Together we will be developing and delivering bespoke insurance products specifically for WINDTRE customers.” 


“This is a perfect partnership between wefox and WINDTRE since we share the same values and approach to business. We collaborate and always place our customers at the heart of every decision we take together.”


Maurizio Sedita, Chief Commercial Officer at WINDTRE said: “This strategic partnership with wefox is a game changer for the insurance industry. Best in class, opportunity to distribute innovative insurance products through their technology platform are a key part of our proposition, which is centred around convenience and value for our clients.  With wefox we also benefit from excellent customer experience, real differentiation and of course great value for money. These are our customers’ expectations and together with wefox, we will continue to more than meet them with our insurance products.”


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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