W&W acquires majority stake in treefin AG
German insurer Wüstenrot & Württembergische or better yet W&W has acquired a majority stake in treefin AG; the mobile-first digital insurance manager launched in 2014. By ‘majority’ think 75% and by ‘deal value’ think it’s a secret. What is known is that W&W will look to deploy treefin to its banking and insurance customers in the next few months. Bottom Line: there’s a fine line between happiness and relief.