One of the questions I love asking people during job interviews is what they consider to be the best thing about their current working process? What is something they are proud of doing and would share with ELEMENT once they join? There are also a number of practices at ELEMENT Insurance that I would take with me one day. The following practice is using Lego bricks to visualise our workstream, getting a reliable and valuable source of data about how we perform as a team.
The subsidiary of Volkswagen Financial Services, the Volkswagen Versicherungsdienst GmbH, and ELEMENT Insurance AG are bringing three innovative and completely digital insurance products to the German market.
At ELEMENT insurance, financial experts are handling every day new challenges – cash flow procedures for new partners, a big round of investment or building asset management. Today we talk to Arno Bussmann, Head of Finance at ELEMENT Insurance AG.
ELEMENT, the leading white-label product factory for insurance, has successfully completed its Series A financing round with EUR 23 million in new capital. Among the international investors from insurance, real estate and finance sectors are SBI Investment, SBI Insurance Group, Engel & Völkers Capital, and the Spanish Insurtech investor Alma Mundi Ventures. Investment was also secured from SIGNAL IDUNA and company builder finleap, which had already backed ELEMENT in the seed financing round.
At ELEMENT, technological specialists are already deeply involved in the sales process to help implementing new insurance products in record time. Today, we talk to Michael Büttner, Senior Solution Engineer, member of the Sales Department at ELEMENT Insurance AG. Backed by his extensive technological background, he makes sure that ELEMENT always finds a perfect solution for our business partners’ needs.
Many companies are dealing with large amounts of data and the significance of online security is mission critical as more data moves into the cloud. ELEMENT performs regular so-called “penetration testing” – or simply “pen tests” – to evaluate whether systems have any potential vulnerabilities.
We look back on a fantastic event season in 2018 so far, where we attended many eminent conferences and summits, met great people and introduced our insurance platform to a wider audience. And now we look forward to upcoming months, where you can find us taking part in several national and international InsurTech and technology events. Find below the top conferences and events for anyone caring for insurance and technology:
Today, we would like to introduce ELEMENT’s Chief Technology Officer (CTO) Henning Groß. Henning joined ELEMENT in January 2017, when we turned our innovative concept into a reality and then a fully licensed insurance company.
We are proud of our journey and the tremendous progress achieved with Henning’s support and expertise. In the following pages, we invite you to take a look at his work at the heart of our company.