PriyaPatel
TLDR:
Key Points:
- Wrisk is an independent embedded insurance technology platform dedicated to the automotive OEM sector.
- New hires and partnerships with Volvo and Jaguar Land Rover have set Wrisk up to over-achieve on its 2024 financial forecast in Europe.
Wrisk Announces New Hires, Update on European Expansion
The latest progress statement from Wrisk highlights its success in the automotive OEM sector. Wrisk has seen significant growth in monthly premiums, supported by partnerships with companies like Allianz, Volvo, and Jaguar Land Rover. The company has made strategic enhancements to its platform and processes, setting strong foundations for global growth.
Wrisk has strengthened its senior team with 30 new hires, including key appointments like Anthony Foster as Director of Insurance. The company has also expanded its operations in Europe, opening offices in Vienna and Munich and bringing on industry experts to drive its European expansion.
London serves as Wrisk’s headquarters, where the company has developed its offering to meet UK regulatory requirements. The city’s talent and strength have been key to Wrisk’s success, and the company is opening a new office in the UK to support further recruitment and its commitment to the insurtech sector.
