German insurtech Wefox targets UK launch in 2020 after $110m fundraise

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Berlin-based insurtech Wefox will be opening an innovation hub in London before the end of the second quarter next year, a spokesperson confirmed to Post after the business raised a further $110m (£83.7m) in its latest funding round.

“Despite all the Brexit fears we see the UK market as the right place for this innovation,” they said.

The Wefox Group owns two businesses, a full stack insurance company called One Insurance, which

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