Former Zurich boss joins insurtech ‘taking big, bold, disruptive steps’

Berlin-based insurtech  wefox has hired the former chief executive officer of Zurich International to drive its insurance strategy, innovation and international expansion.

Peter Huber (pictured) will join wefox as chief insurance officer.

Huber has over 20 years of industry experience in Europe and Asia. He was formerly CEO at Zurich International, and led Zurich’s overall international business. He joined Zurich in 2013 as CEO for Zurich Global Life Singapore and from 2015 he was president director and CEO of Zurich Topas Life (Indonesia). Prior to Zurich, he worked at Swiss Re, where he was managing director in the reinsurance division based in Switzerland. He has also worked at Allianz SE Asia-Pacific, based in Singapore.

Julian Teicke, CEO and founder of wefox, said: “I am delighted to announce Peter’s appointment.He is the second global insurance industry superstar to join us, following our new COO, Dr David Stachon, earlier this year."

Teicke added: “We clearly stated our intentions back in June when we announced our record-breaking Series C investment round of $650m – we will invest in technology and growth globally and wefox will be the number one personal insurer within a decade. With Peter’s appointment, I truly expect to see those intentions accomplished.”

Huber commented: “I have long believed in the role insurance has to play in sustaining societies and helping to keep people safe by preventing risk. It’s why I joined the industry over 20 years ago. In wefox, I have found an organisation that believes as I do and is taking big, bold, disruptive steps to act upon what is now our shared purpose. wefox is already transforming the industry and making a positive impact. I am looking forward to joining the team and driving our insurance strategy, innovation and international expansion together with ensuring our enterprise is fit to continue to act upon our purpose today and tomorrow from both human and regulatory perspectives.”

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