Reinsurance News

wefox appoints veteran Paul Onnen as CTO

20th November 2023 - Author: Kassandra Jimenez-Sanchez

Insurtech wefox has announced the appointment of Paul Onnen as Chief Technology Officer (CTO), effective immediately, taking over the role from Sergi Banos who was promoted to Chief Platform Officer (CPO).

In his new role, Onnen will lead the wefox platform business strategy, overseeing its implementation, development and operations.

The company highlighted the importance of these appointments as it accelerates its plans to launch the platform that will connect the entire insurance ecosystem.

Julian Teicke, CEO and founder of wefox, said: “This is another important moment for the business as we bring in another industry heavyweight with the appointment of Paul and promoting Sergi to execute our platform strategy and development.”

“Paul’s impressive track record and extensive knowledge in the tech industry aligns perfectly with our mission to revolutionise the insurance sector. His leadership will play a crucial role in guiding our business towards new horizons and delivering world-class strategic leadership to our technology operations.”

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Onnen has more than three decades of experience in founding, directing, and executing business-to-consumer (B2C) and business-to-business (B2B) SaaS platforms and products for leading organisations, including Amazon, Google, Expedia, Nordstrom.com, and successful startups.

He is also widely recognized for his expertise in fintech, Big Data, SaaS, AI/ML, and data security, wefox noted.

Commenting on his appointment, Onnen said: “wefox is an exciting company and the opportunity to transform the insurance industry through cutting-edge technology is a challenge that I could not resist. It’s my mission to ensure that wefox remains at the forefront of innovation, and I’m thrilled to have the opportunity to contribute to this journey.”

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