ELEMENT, a leading insurtech from Germany, secured €50 million in funding from investors, including Versorgungswerk der Zahnärztekammer Berlin K.d.ö.R. and Alma Mundi. Specializing in cloud-based white-label insurance products, ELEMENT has rapidly established itself since its inception in 2017, boasting a full EU license as a risk carrier. The funding underscores ELEMENT’s commitment to delivering fast, flexible, and reliable insurance solutions across the B2B2X value chain, leveraging its digital infrastructure and deep industry expertise to drive innovation in the insurance sector.
ELEMENT, German InsurTech Innovator, Secures €50m In Latest Funding Round