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. 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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