WEFOX APPOINTS PAUL ONNEN AS CHIEF TECHNOLOGY OFFICER

wefox, the world’s leading insurtech, has appointed Paul Onnen as Chief Technology Officer, with immediate effect. 


Mr. Onnen takes over the role from Sergi Banos who was promoted to Chief Platform Officer (CPO) as the company accelerates its plans to launch the platform that will connect the entire insurance ecosystem. In this role, he will lead the wefox platform business strategy, overseeing its implementation, development and operations.


Julian Teicke, CEO and founder of wefox, said: "This is another important moment for the business as we bring in another industry heavyweight with the appointment of Paul and promoting Sergi to execute our platform strategy and development.”


“Paul's impressive track record and extensive knowledge in the tech industry aligns perfectly with our mission to revolutionise the insurance sector. 


“His leadership will play a crucial role in guiding our business towards new horizons and delivering world-class strategic leadership to our technology operations."


Paul Onnen has more than 30 years’ experience in founding, directing, and executing business-to-consumer (B2C) and business-to-business (B2B) SaaS platforms and products for leading organisations, including Amazon, Google, Expedia, Nordstrom.com, and successful startups. He is widely recognized for his expertise in fintech, Big Data, SaaS, AI/ML, and data security.


Mr. Onnen said "wefox is an exciting company and the opportunity to transform the insurance industry through cutting-edge technology is a challenge that I could not resist. It’s my mission to ensure that wefox remains at the forefront of innovation, and I'm thrilled to have the opportunity to contribute to this journey."


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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