Milan are negotiating a new sponsorship deal with online insurance company Wefox Italia.

The Rossoneri have been working for months now to increase the amount of revenue generated by sponsorship agreements and the team have entered into more than 25 partnerships since August of last year.

As reported by MilanNews.it, Milan are now negotiating a new sponsorship deal with Wefox Italia. The online insurance company, focused on car and home insurance policies, was founded in Berlin in 2015 and is one of the most well-known European Insurtech companies in the world.

Talks between the two parties are at an advanced stage and updates are expected in the coming weeks and months. The Rossoneri are also working on negotiating new deals with Puma and Fly Emirates, a sign of the club’s focus on increasing revenue generation.

Wefox are already active in the world of football, being a premium partner with Bundesliga outfit Union Berlin.

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