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Element
Shaping the future of insurance
Description
ELEMENT Insurance AG is the white-label product factory for insurance and a leader in insurance digitalization. It is the first young company licensed by the German Federal Financial Supervisory Authority as a direct insurer for non-life insurance, which enables ELEMENT to act as a risk carrier, including claims settlement, in 28 countries across Europe. Founded in March 2017, ELEMENT offers a unique technology platform (‘Insurance as a Platform’) with a focus on the B2B2X value chain: ELEMENT develops for its partners from various industries – from e-commerce to established insurers – custom-made, innovative white-label insurance products at record speed. These products are then marketed by the partners under their own brand. ELEMENT has its headquarters in Berlin and operates across Europe.
Supported by Finleap.
Insolvency proceedings started by BaFin in January 2025.
Tags
Company Details
Legal name
Element Insurance AG
Company registration
Amtsgericht Charlottenburg (Berlin) HRB 182671 B
Founded in
2017
Employees
119
News
Financing Rounds
Financing rounds currency
Euros €
Last financing round
2024
Capital raised last round in millions
50
Total capital raised in millions
137.4
Financials
Financial reporting currency
Euros €
Last financial year reported
2023
Revenues 2023 in millions
50.5
EBIT 2023 in millions
-23.5
Revenues 2022 in millions
19.8
EBIT 2022 in millions
-17.3
Revenues 2021 in millions
10.4
EBIT 2021 in millions
-13.9
Contact Information
Website
Address
Hardenbergstr. 32, 10623 Berlin
Location
Hardenbergstr. 32, 10623 Berlin
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