Home » Wefox CEO throws out: Who is Julian Teicke’s successor? organization chart

Wefox CEO throws out: Who is Julian Teicke’s successor? organization chart

by admin
Wefox CEO throws out: Who is Julian Teicke’s successor?  organization chart

Handover of power: Mark Hartigan (l.) is the new Wefox CEO. Founder Julian Teicke (r.) is moving to a new role. Wefox

Liability, household contents, motor vehicles: Germany is an insured country. For years, insurance has been increasingly taken out online – for example via the Wefox portal. According to its balance sheet, the Berlin startup with Swiss roots took out one million new policies in 2022 alone. Nevertheless, the billion-dollar InsurTech continues to record high losses.

With a newly formed management team, the path to profitability should now apparently be successful: the pithy Wefox CEO, Julian Teicke, who founded InsurTech, is handing over the reins after nine years at the helm. Mark Hartigan takes over the leadership position. As CEO of British life insurer LV, Hartigan was at the center of one in 2023 failed takeover by the insurer Bain Capital, as a result of which he left the company.

Hartigan has been a member of the company’s supervisory board since last year. According to information from Manager Magazin, “some people at Wefox were already talking about a ‘minder for Julian’”. Wefox itself denied this connection at the time. In addition to the three founders, seven investor representatives sit on Wefox’s board of directors.

See also  German arms company: Rheinmetall plans to produce ammunition directly in Ukraine

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy