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ELEMENT Insurance
Cloud-based insurtech company
- 101-200 employees
- Fintech
- B2B
- Insurance
- Financial Services
- Kollwitzkiez, Berlin, Germany
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Company mission
To enable partners to sell fully digital insurance products to their customers and leverage the modules of the ELEMENT platform that they need.
6% employee growth in 12 months
Our take
Berlin-based ELEMENT is providing digital insurance solutions for companies in various industries. With its fully digital approach to insurance, the company offers clients the ability to develop insurance policies in a quick and efficient way.
The first of its kind, ELEMENT has the ability to operate as a risk carrier in all EU countries and is a completely independent insurance company. It is also the only digital insurance company in the European market with the capability to create P&C solutions, making ELEMENT a change leader within the insurance industry.
With the company's ongoing support from fundraising, ELEMENT is focused on further strengthening its position as a top supplier of efficient, dependable end-to-end insurance solutions across Europe.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Your choice of computer
- Drinks and snacks in the office
- Language classes
- Company-wide networking events and outing
Funding (last 2 of 7 rounds)
Mar 2024
$54m
SERIES C
Jul 2022
$21.5m
SERIES B
Total funding: $147.7m
Leadership
Astrid Stange
(CEO (not founder))Previously the CEO at AXA, also worked as a Senior Partner and Managing Director at the Boston Consulting Group.