Fintech

Wefox

Wefox is the largest digital insurer  in Europe focusing on direct and indirect distribution channels. It provides a high scalable, full-stack digital platform powered by some of the most advanced data analytics capabililites which disrupts every step of the insurance value chain.

Wefox is offering its own property & casualty insurance policies (home, cars...) and selling third party health & life insurance policies through intermediaries. Its platform handles the entire value chain of its activity with the objective of tech enabling brokers and advisors and providing end-users a fully digitized experience.  

Wefox rebuilds market pricing to compete only in profitable segments: its proprietary platform offers real-time view on competitor's price on each segment and allows Wefox to identify where insurers underprice the risk. Hence the company only sells its own products in market segments where actual price is above technical price.

Wefox was the fastest growing Insurtech company in 2020 with revenue growth of +152% and +88% CACGR over 2020-2025. The company is backed by Top-Tier VC investors such as Seedcamp, Speedinvest, Omers Ventures, Salesforce Ventures, G Squared and Target Global. 

 

Headquarters
Berlin, Germany
Website
Sector
Fintech / Insurance
Founded
2014