Founded in Zurich in 2014, wefox has developed a service platform that enables customers, brokers and insurance companies to manage their insurance and financial products intelligently and efficiently. In addition to Switzerland, wefox currently has offices in Austria and Germany. It is now continuing its expansion by launching in Italy, it reported in a press release.
In the course of this growth, wefox is partnering with one of the largest family-run brokerage companies in Milan, Mansutti S.p.A. This company focuses on the automotive industry and “has an extensive network in the insurance industry”, wefox reports, saying it aims to pair the broker's expertise in the insurance market with the possibilities of digital technologies.
Specifically, wefox will be supporting Mansutti as a software provider. As a result, brokers will receive a CRM system and can outsource back-office work to wefox. “Our customers can use the wefox app to view and optimise their insurance policies anytime and anywhere, agree new contracts and report claims – all digitally in one place,” comments Tomaso Mansutti, CEO of Mansutti. “We expect excellent customer satisfaction and loyalty.”
Next year, wefox also plans to incorporate its own company in Italy and develop its cooperations to work with other brokers. What’s more, preparations are being made for expansion into other European countries. The company currently has more than 250,000 policyholders and 160 members of staff. Hollywood star Ashton Kutcher is among wefox's investors.
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