Digitizing Insurance –The Risks & The Rewards


​The insurance industry is fundamentally about understanding and managing risk. The more information you have, the more you understand the risks behind a given area. But is there also a risk to handing over too much information –personal and private, for example –to insurers? That’s the new balancing act we all must face today.

This week’s “The Next Wave,” features host Young Sohn, Samsung’s President and Chief Strategy Officer, talking to Julian Teicke, founder and CEO of wefox, about his plans to revolutionize the insurance industry with Big Data and Artificial Intelligence.​

Julian Teicke

Founder & CEO, wefox Group

​Julian Teicke is the CEO & Founder of wefox Group. He is a serial founder, investor and mentor, and an entrepreneur out of passion to fundamentally change the status-quo in the insurance industry.

He launched wefox in 2015, which is the digital platform connecting brokers to their customers and insurers as well as launching ONE Insurance in 2018, the first fully-digital European insurance carrier.

Since launching wefox Group in 2015, the company has grown its revenues to over USD$100 million and with nearly 400 employees serving more than 500,000 customers in six countries, wefox Group is Europe’s leading insurtech.

Julian also co-founded ‘DeinDeal’, the largest e-commerce platform in Switzerland, which became a dominant market position and was successfully sold to an international media company. He is also a founding member of EMPAUA and successfully mentors a seriesof ‘game changing’ startups.

Julian graduated with a BA in Business Administration in St. Gallen.