As announced in June, wefox has continued to implement its exit from the German insurance market as part of the refocusing of its portfolio on profitable market positions of critical size.

In this context, wefox Germany Holding GmbH has reached an agreement with the Ecclesia Group on the sale of assona GmbH. Under the ownership of wefox, the specialist MGA acquired in 2021 has further expanded its leading position in the sale of insurance for e-bikes and bicycles via specialist retailers and significantly increased its profitability. Under the umbrella of Ecclesia, assona can continue to write its success story. Ecclesia will continue to nurture assona’s successful affinity distribution partnerships and take over all employees.