Press release
Munich Re and insurance startup ONE announce strategic partnership
“Munich RE is screening the insurtech horizon systematically and we’ve picked ONE as a partner, in which ambitions and potential we sustainably believe. Our partnership is the start of an exciting collaboration in new methodologies and technologies of the digital world”, says Tobias Sonndorfer, Client Executive at Munich Re and board member of ONE.
„We are very glad to be supported by Munich Re, this is strong evidence for our business case going the right way. Another fundamental milestone after having received the regulatory permission recently”, Stephan Ommerborn, CEO of ONE, states.
Details of the strategic partnership have not been disclosed.
About Munich Re
Munich Re stands for exceptional solution-based expertise, consistent risk management, financial stability and client proximity. In the financial year 2016, Munich Re (Group) achieved a profit of €2.6bn on premium income of €48.9bn. It operates in all lines of insurance, with more than 43,000 employees throughout the world. With premium income of €27.8bn from reinsurance alone, Munich Re is one of the world´s leading reinsurers. Especially when clients require solutions for complex risks, Munich Re is a much sought-after business partner. Roughly 12,000 staff in reinsurance possess unique global and local knowledge. Munich Re attaches great importance to its client service, which regularly receives top ratings.
About ONE
ONE is Europe´s first fully digital and licensed all-round insurance carrier. Users can complete insurance policies within a few minutes, starting with household and liability insurance. ONE has been founded by Julian Teicke, CEO of wefox-Group and founder of wefox, a leading insurance platform, and by Stephan Ommerborn, formerly an Executive at Zurich Insurance Group. The digital insurance carrier will officially launch in autumn 2017 - starting with Germany, Austria and Switzerland.
Presscontact
Alexander Huber
press@one-insurance.com
http://www.one-insurance.eu
FinanceFox Services GmbH
Urbanstr. 71, 10967 Berlin
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