wefox, a prominent InsurTech company, has announced the appointment of Mark Hartigan as its Executive Chairman and Chief Executive Officer.
The move follows the news that co-founder Julian Teicke will transition into the non-executive role of President, while retaining the position of Vice Chair of the Board of Directors, after nine successful years of steering wefox’s growth.
Under Teicke’s leadership, the German firm has become a world-leading InsurTech, emphasising innovation and customer service. The appointment is set to allow the company to continue its ambition of revolutionising the insurance industry.
Commenting on his new role at wefox, Teicke said: “After almost nine very intense and exciting years with wefox, I have decided to transition to the role of President on the Board and focus more on overall strategy. It allows me to maximize my impact for wefox while enabling me to dedicate more time and energy to my big passion: supporting founders in building up their own ventures and giving them the liberty to dream big to build industry leading ventures.
“After driving growth for many years and setting the business on the path to profitability together with our incredible wefox team, I am convinced that the time has now come to make way for new leadership with a focus on the delivery of the strategy. I have worked closely with Mark over the last months and am convinced that he is the right person to take the company to the next level. I look forward to continuing our close collaboration in the years to come,” he continued.
Hartigan, who joined wefox as Chairman of the Board in 2023, will spearhead the company’s long-term vision of revolutionising the insurance industry as Executive Chairman and CEO.
Following the announcement, he said, “I’m excited to continue to work closely with Julian in his new role as President on the Board of wefox. With his entrepreneurial mindset, his unstinting personal commitment, and together with his founding partners, he built the company from scratch and turned it into a driver of innovation in the insurance industry.”
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