"From the first meeting to the finished product it took only eight weeks! For an MGA, this fast implementation of new product ideas is crucial for competition, especially in a competitive market. Together with ELEMENT, we will develop further innovative products within a very short time and offer them to our customers in a tailor-made manner."
Thorsten Winter
Schutzgarant GmbH develops and markets warranty and insurance products for smartphones and electrical appliances. A good price-performance ratio and an exceptional level of service are what set us apart.
"The service product "ReparaturGarantie 1+3", which we developed ourselves and which is unique on the German market, is the best example of new innovative products that cover exactly what end customers need most for new and used devices of any age:
Display and battery damage on smartphones and extended warranties on electrical appliances. We have made it our mission to identify and close the existing gaps in the market. Accordingly, we plan to constantly develop our products and create new ones."
SCHUTZGARANT specialises in insurance solutions that do not correspond to the standard scope of common solutions and involve exposed risks.
The adaptation of products to pointed coverage concepts and the development of niche solutions for partners can be achieved with ELEMENT's platform. The differentiation of the product was therefore achieved in close cooperation with SCHUTZGARANT. Other products in the B2B area for corporate customers will follow immediately.
The modular division of the value chain according to ELEMENT's principle was used in a targeted manner to achieve the best possible result for both partners. Hence, responsibility for the distribution of the product as well as claims processing and customer service were handed over to SCHUTZGARANT, as they are experts in customer interfaces. The cooperation with SCHUTZGARANT shows how the collaboration between an insurtech and an insurance company functions along a modular value chain in a solution-oriented manner.
Design, material or manufacturing damage after the expiry of the warranty is insured
Drop, breakage and liquid damage are insured
Flexible sums insured
With or without a low deductible