Müller succeeds Mark Hartigan, who had been serving as interim CEO during a restructuring phase. Hartigan will continue in his role as Chairman of the Board.
Müller brings extensive leadership experience in the retail and commercial insurance sectors, with a strong focus on business transformation and digitalization in global markets. Prior to joining wefox, he served as CEO of Allianz Global Corporate & Specialty SE and CEO of Allianz Commercial, where he played a key role in unifying Allianz’s commercial insurance businesses under a global model. He has also held leadership roles as CEO of Allianz Versicherungs-AG, the property and casualty insurer of Allianz Germany, and CEO of Allianz Beratungs- und Vertriebs-AG, Allianz Germany’s sales company.
Mark Hartigan commented: “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 said: “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 issued a statement saying they would like to thank Mark Hartigan for stepping into the interim CEO role earlier this year and executing important business changes. It said: “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.”
The statement concluded: “This moment represents an important milestone for wefox, as it transitions into a new phase of profitable growth. The Board of Directors and its supporting investors remain steadfast in their commitment to the long term success of the company.”