Providing fully digital, excellent insurance products to European markets.

He is based in Barcelona, Spain, but flies to Berlin weekly to conduct business. Designing seamless digital products. However, wefox, founded in 2015 by CEO Julian Teicke, has grown and developed a holistic ecosystem and marketplace in Europe. wefox Group operates two businesses: wefox (www.wefox.com) & ONE (www.one-insurance.eu). Taking the trip’s duration into account, a fully automatized offer reaches the customer via push-notification. In 2017, they rebranded FinanceFox to wefox.

“The joint venture with Axon Vibe and Munich Re-enables us to put a remarkable footprint into this entirely new territory of geo-triggered insurance, also known as “UBI” (usage-based insurance).

Digital all-round insurer ONE and Munich Re have created a joint venture called ONE Coach which will enable customers to monitor in real time how their individual lifestyle choices affect their risk assessment score, according to a company statement. Wefox Group currently has two businesses in its portfolio: Wefox, formerly known as FinanceFox, and ONE. Chinese insurtech giant Zhong An offers a similar service but serves only China. By integrating ONE into the wefox platform, wefox underscores its path-breaking role in the InsurTech marketplace. One is a direct-to-consumer fully digital insurance provider, offering various personal insurance coverage — and is only one of multiple insurance providers that reside on the Wefox … wefox knows that 91% of all insurance products are still sold by human agents. ONE Coach will use motion sensors and the mobile phone’s GPS-module as data sources to monitor in real time how customers’ lifestyle choices affect their risk assessment score. Asked to share his three main principles for designing a seamless customer experience, Teicke highlights: I look forward to hearing from you. Berlin-based insurtech company wefox Group is hotly tipped to be Europe’s newest unicorn after raising $110 million in its latest round of Series B funding, just months after it broke the record for the biggest such funding round achieved by a European insurance startup. The collaboration with Munich Re and Axon Vibe allows us to reinvent insurance from the ground up and at the same time enter into a new paradigm of data privacy. Furthermore, we promise to never disclose your data to third parties. I studied Social Anthropology at the London School of Economics, where I was a writer and editor for one of the university’s global affairs magazines, the London Globalist.

No, thanks innovation is not important to my business. Who is wefox /ONE in Journalism. The collaboration with Munich Re and Axon Vibe allows us to reinvent insurance from the ground up and at the same time enter into a new paradigm of data privacy. wefox raised more than EUR 50 mio to-date.

Initially, its products will comprise home contents and liability cover, but the portfolio will expand to cover all aspects of life. The digital customer experience extends to claims-management.
Get in touch at isabel.togoh@forbes.com, or follow me on Twitter @bissieness. As in less ‘finance’ and more ‘we’ because they can’t/won’t/don’t want to…do it alone. Julian Teicke, CEO and co-founder rocking the DIA Munich stage, Website: www.wefox.de and www.one-insurance.eu The group owns ONE, an insurance app and wefox, a digital marketplace for insurance, that employs 330 people and serves 500,000 customers across six … Julian Teicke, who until now has served as wefox's CEO, is wefox Group's CEO and will concentrate fully on strategic management. Munich Re provides the metadata about risk and Axon Vibe acts as the required independent data intermediary that only sends us pre-authorised trigger information about consumer behaviour to utilize the metadata of Munich Re in a contextual setting in real time.”, Shaping a data-driven future of insurance, Legal information and terms of use © 2018 wefox Group All Rights Reserved. Written by Roger Peverelli and Reggy de Feniks - Founders The DIA Community on 28 Nov, 2017. Insurance companies connect to the wefox platform through Next Gen API. The broker only has to open his laptop and to enter the digital meeting room. Independent

“This is how individual risk was calculated.

The privacy of our customers is one of our highest priorities.
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In addition to Munich Re, the joint venture includes Swiss geo-location-expert Axon Vibe, the venture of Google Maps founder Stefan Muff. ONE will remain independent and won’t be coupled with selected insurance products either by wefox or by the 100s brokers who use the platform to manage their customers’ insurance needs. I am a breaking news reporter for Forbes in London, covering Europe and the U.S. ONE In fact, ONE itself will be evaluated by the algorithmically generated customer satisfaction score within the system, just like the other insurance products offered through wefox. “We are in a really unique place—there is no company in the world that owns one insurance company and one distribution company, so we have knowledge of both sides.

Provided by wefox Group. Wefox is not the first, or only, digital insurance company. ONE is setting the direction the insurance industry is heading in terms of data access. You may opt-out by, Impact 50: Investors Seeking Profit — And Pushing For Change. Through the integration into wefox, ONE is the only digital carrier that can be scaled up through the low CAC's of wefox. Wefox Group, the Berlin-based insurtech startup behind the consumer-facing insurance app and carrier One and the insurance platform Wefox, is disclosing $110 million in a … The latest funding was led by Canada’s OMERS ventures, which has backed Hootsuite and Shopify, and takes the total funds raised by the company this year to $235 million after it raised $125 million in its Series B round in March.


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