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Wefox, the insurance unicorn, cautions investors about potential insolvency risk

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May 16, 2024
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The internationally renowned insurance technology company Wefox, has recently announced potential financial troubles that could result in insolvency within the coming months. In a memo addressed to shareholders, Wefox’s new executive chairman and chief executive, Mark Hartigan, disclosed that the company is facing a multitude of challenges, including regulatory issues and financial strains.

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