Business Moves: Insurtech wefox to Sell Italian Businesses to PE Firm J.C. Flowers May 14, 2025 By L.S. Howard German Insurtech wefox has agreed to sell its Italian businesses, wefox MGA S.r.l. and wefox Services Italy S.r.l., to U.S....
DARAG Acquires Run-Off Portfolio From wefox Insurance AG January 14, 2025 DARAG, a leading legacy acquirer with a focus on the European and UK market, and wefox Insurance AG, the Liechtenstein-domiciled...
Wefox Appoints Former Allianz Executive Mueller as CEO to End Shareholder Fight September 20, 2024 By Arno Schütze Wefox Holding AG appointed former Allianz manager Joachim Mueller as chief executive officer, ending a boardroom battle that pit the...
German Insurtech Wefox to Replace CEO After Board Rejects Mubadala Sales Plan June 27, 2024 By Arno Schütze Wefox Holding AG is replacing Chief Executive Officer Mark Hartigan after the German insurance tech startup’s board rejected a proposal...
Mubadala Proposal to Sell Insurtech Startup Wefox Opposed by Founders June 14, 2024 By Arno Schütze Mubadala Investment Co. has proposed selling troubled insurance tech startup Wefox Holding AG to UK insurance broker Ardonagh Group Ltd....
Insurtech WeFox Raises $110 Million in Extension to 2022 Funding Round May 17, 2023 By Agatha Cantrill Wefox Holding AG, an insurance-technology firm based in Berlin, raised $110 million to build a platform that will make its...
German Insurtech wefox Launches Global Affinity Business May 3, 2023 wefox, the Berlin-based insurtech, has launched a global affinity business, which increases its existing distribution channel and extends the ability...
German Insurtech wefox Raises $400M, Increasing Valuation to $4.5B July 12, 2022 Berlin insurtech wefox reports it has closed a Series D funding round of US$400 million and increased its valuation to...
Digital Insurer Startup Wefox Seeks Funding at Over $5 Billion Value June 22, 2022 By Katie Roof, Dinesh Nair and Ivan Levingston Wefox, the German digital insurer, is in advanced discussions to raise fresh funding at a valuation of $5 billion to...
Pandemic Uncertainty Hasn’t Slowed Private Equity Investments in Insurance: S&P Global August 31, 2021 Private equity and venture capital firms have been pouring capital into insurance companies despite the uncertainties about claims and losses...