According to InsurTech Insights, Müller will take over for Mark Hartigan, who had been acting as acting CEO during a time of reorganization.

Hartigan will still lead the company's strategic direction in his capacity as Chairman of the Board.

Wefox is a 2015-founded company that specializes in offering a digital platform to the insurance sector with the goal of streamlining the distribution of insurance through technology.

The company's goal is to use technology and data to develop insurance solutions that are more transparent and efficient for both providers and customers.

Müller's appointment brings with it a wealth of leadership expertise in the retail and commercial insurance sectors, specializing in global digitalization and business transformation.

He was the CEO of Allianz Global Corporate & Specialty SE and Allianz Commercial before joining Wefox, and he was instrumental in bringing Allianz's commercial insurance division together.

In addition, he held executive positions as CEO of Allianz Versicherungs-AG, the property and casualty division of Allianz Germany, and CEO of Allianz Beratungs- und Vertriebs-AG, the company's sales division.

Müller is anticipated to guide Wefox into its next stage of expansion, with a particular focus on growing the company's activities in Europe. He has previously stated that he is dedicated to enhancing collaborations and client interactions in the insurance industry.

Interim CEO Mark Hartigan is still on staff as the company's chairman of the board. The Board has thanked Hartigan for his contributions in steering the business through a difficult period of reorganization. Hartigan's implementation of strategic improvements and streamlining of processes have set Wefox up for long-term growth.

Additionally, Wefox underlined its dedication to upholding its regulatory responsibilities, especially as it relates to Wefox Insurance AG, its own carrier. The Board is committed to assisting Wefox's long-term success as it embarks on a new phase of expansion, as do the company's investors.

"We are very pleased to have gained such an experienced insurance manager like Joachim Müller for wefox," Wefox Chairman Mark Hartigan stated. We are sure that by working together, we can lay the groundwork for our business to have a prosperous and long-lasting future. I'm excited to work with him and am happy to have him join the Wefox family.

"Together with the team, we will now focus on building the right foundations to scale our business in Europe," Joachim Müller continued. A solid customer proposal and dependable partnerships with our sales and insurance partners form the foundation of our future strategy. I'm excited to go on with the Wefox team, our partners, investors, and clients.

The Board of Directors thanked Mark Hartigan for filling in as acting CEO, highlighting how his guidance allowed the company to concentrate on its core competencies and streamline processes.

The announcement said, "Wefox successfully streamlined its operations and made important strategic decisions to focus on core businesses that promise long-term value and sustainability under his executive leadership." Wefox is now more profitably positioned for future expansion thanks to these modifications. Mark intends to provide additional help to Wefox Insurance AG, the company that Mark fully supports in carrying out its regulatory obligations.