Fully licensed insurer

ELEMENT is licensed by BaFin (the German Financial Supervisory Authority) for general (non-life) insurance. We can therefore act as risk carriers throughout the EU, handling all claims handling.

Expertise in the world of insurance

Our insurance experts have  years of experience in the insurance industry and know the opportunities and challenges in this sector. 

 

If you are new to the world of insurance, we can guide you through the large number of regulatory and formal requirements that often seem overwhelming.  

 

If you are already familiar with the insurance sector, then you can talk to our insurance experts on an equal footing. 

50%

Tech & Platform Backbone

25%

Insurance Expertise

25%

Sales, Biz Dev & Entrepreneurs

What’s the benefit of working with a fully-licensed digital insurance company?

For insurance companies 

For companies without insurance licences 

We speak your language, and we understand the industry with all its opportunities and challenges.

We consult you on the relevant regulatory and formal requirements to sell insurance products. 

Business process outsourcing with reinsurance fronting. 

Using state-of-the-art technology, we help you get to market as soon as possible. 

We are the ones subject to insurance tax, so the savings are for you.

We act as risk carriers ourselves, which makes us particularly flexible in our product development.

Claims handling, payment and other activities can be handled either by you or by us. 

What’s the benefit of working with a fully-licensed digital insurance company?

For insurance companies 

We speak your language, and we understand the industry with all its opportunities and challenges.

Business process outsourcing with reinsurance fronting.

We are the ones subject to insurance tax, so the savings are for you.

Claims handling, payment and other activities can be handled either by you or by us. 

For companies without insurance licences 

We consult you on the relevant regulatory and formal requirements to sell insurance products. 

Using state-of-the-art technology, we help you get to market as soon as possible. 

We act as risk carriers ourselves, which makes us particularly flexible in our product development.