Remaining as Wefox chair, 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.”
The company’s board also extended gratitude to Hartigan for his stint as interim CEO.
“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,” the highlighted said in its CEO succession announcement.
“These changes have better positioned Wefox for future profitable growth. Mark will further support… carrier Wefox Insurance AG where Wefox remains fully committed to all its regulatory duties.”
In July, the European insurtech completed two transactions to exit the German insurance market as part of the refocusing of its portfolio.
Meanwhile Müller, whose previous roles include CEO of the property & casualty insurer of Allianz Germany, shared what’s at the top of the agenda with him at the helm.
“Together with the team, we will now focus on building the right foundations to scale our business in Europe,” he declared. “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.”
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