wefox, the leading insurtech globally, has announced the addition of Paul Onnen as its new Chief Technology Officer (CTO), who will lead the company’s technological operations, reinforcing its commitment to innovation in the insurance sector. This appointment holds special significance at a time when wefox is experiencing notable growth and expansion.
The appointment of Paul Onnen is part of a strategic reorganization within wefox, in which Onnen assumes the role of CTO, succeeding Sergi Baños, who will now take on the position of Chief Platform Officer (CPO). Baños will be in charge of leading the business strategy of the wefox platform, closely supervising its implementation, development, and operations, with the goal of achieving a full integration of the insurance ecosystem.
Julian Teicke, CEO and founder of wefox, emphasizes the importance of these changes, stating that “this is another crucial moment for our business, as we bring in a heavyweight professional in the industry like Paul, while promoting Sergi to carry out our platform strategy and development. Paul’s impressive track record and extensive knowledge in the technology industry align perfectly with our mission to revolutionize the insurance sector. We are confident that his leadership will play a key role in guiding our business to new horizons and providing a first-class strategy in our technological operations.”
For his part, Paul Onnen expresses his excitement to join the company and take on this challenging role, stating that “wefox is an exciting company and the opportunity to transform the insurance sector through cutting-edge technology is a challenge I couldn’t resist. My goal is to ensure that wefox remains at the forefront of innovation, and I am thrilled to have the opportunity to contribute to this journey.”
Paul Onnen has over 30 years of extensive experience in creating, managing, and executing enterprise-to-consumer (B2C) and business-to-business (B2B) SaaS platforms and products for renowned organizations such as Amazon, Google, Expedia, Nordstrom.com, as well as successful startups. Additionally, he is widely recognized for his expertise in fintech, Big Data, SaaS, artificial intelligence/machine learning, and data security.
The appointment of Paul Onnen and the strategic reorganization in wefox’s top management mark a significant milestone in the company’s history and underline its continued commitment to innovation and leadership in the insurance sector.