Insurtech Magazine July 2023 | Page 25

“ I sometimes think that financial freedom can destroy your drive to create anything ” creating a sustainable future ”, Teicke feels the only meaningful , lasting impact to drive CSR and environmental change is done through partnerships .

Collective effort is key for Teicke in solving complex issues in the world . This inclusivity has led Teicke to forge partnerships with like-minded organisations and industry leaders worldwide to amplify the sustainability initiatives of each company partnered with the same ethos .
It is not only in the external image Teicke presents where his values are maintained , but also internally , too : the sense of unity and teamwork bred by the company inspired him to make every wefox employee a company shareholder following its 2021 record funding round .
A devotee to trade shows and workshops , Teicke uses his experience to part knowledge on to other startups and burgeoning entrepreneurs . “ I think you can create without having anything . I have not had anything – I stopped taking money from my family at a very early age . I even sometimes think that financial freedom can destroy your drive to create anything .”
With creative independence and deeply held values at his core , Teicke has managed to achieve his growth aims while staying true to his aims of sustainably scaled business .
Receiving additional financial backing from J . P . Morgan and Barclays in 2023 , wefox continues to develop into an established company , leading the way arguably as Europe ’ s leading insurtech .
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