wefox Holding AG, a leading InsurTech firm focused on simplifying insurance processes, has appointed Joachim Müller as its new CEO, effective immediately.
Müller will succeed Mark Hartigan, who had been serving as interim CEO during a period of restructuring, according to InsurTech Insights.
Hartigan will continue to act as Chairman of the Board, guiding the company’s strategic direction.
wefox, founded in 2015, specialises in providing a digital platform for the insurance industry, aiming to simplify insurance distribution through technology.
The company’s mission is to create more efficient, transparent insurance solutions for both consumers and providers by leveraging technology and data.
Müller’s appointment brings extensive leadership experience in retail and commercial insurance, with a focus on business transformation and global digitalisation.
Prior to joining Wefox, he was the CEO of Allianz Global Corporate & Specialty SE and Allianz Commercial, where he played a pivotal role in unifying Allianz’s commercial insurance business.
His experience also includes leadership roles as CEO of Allianz Versicherungs-AG, Allianz Germany’s property and casualty division, and CEO of Allianz Beratungs- und Vertriebs-AG, its sales division.
Müller is expected to lead Wefox through its next phase of growth, with a strong emphasis on scaling operations in Europe. He has already expressed his commitment to strengthening customer relationships and partnerships within the insurance sector.
Mark Hartigan, who served as interim CEO, remains with the company as Chairman of the Board. The Board has expressed its gratitude to Hartigan for his efforts in leading the company through a challenging restructuring phase. During his tenure, Hartigan streamlined operations and implemented strategic changes that have positioned Wefox for long-term growth.
Wefox also reaffirmed its commitment to its regulatory obligations, particularly through its own carrier, Wefox Insurance AG. The Board, along with the company’s investors, remains dedicated to supporting Wefox’s long-term success as it enters a new era of growth.
Wefox Chairman Mark Hartigan said, “We are very pleased to have gained such an experienced insurance manager like Joachim Müller for wefox. We are confident that together we can create the basis for a successful and sustainable future for our company. I welcome him to the wefox family and look forward to working with him.”
Joachim Müller added, “Together with the team, we will now focus on building the right foundations to scale our business in Europe. Our future strategy is based on a strong customer proposition and trusted relationships with our sales and insurance partners. I look forward to taking the next steps with the wefox team, our investors, partners, and customers.”
The Board of Directors expressed their thanks to Mark Hartigan for stepping into the interim CEO role, noting that his leadership helped streamline operations and focus on core business areas.
The statement read, “Under his executive leadership, wefox successfully streamlined its operations, and made key strategic decisions to focus on core businesses that promise long-term value and sustainability. These changes have better positioned wefox for future profitable growth. Mark will further support the own carrier wefox Insurance AG where wefox remains fully committed to all its regulatory duties.”
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