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. 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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