ELEMENT Insurance AG is one of the leading white-label product factories for insurance and a leader in insurance digitalisation. It is the first young company licensed by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht) as a direct insurer for nonlife insurance, which enables ELEMENT to act as a risk carrier, including claims settlement, in all EU countries. 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 roughly twenty partners from various industries - from e-commerce to established insurers - custom-made, innovative whitelabel insurance products at record speed. These products are then marketed by the partners under their own brand. ELEMENT has its headquarters in Berlin.
| Website | http://www.element.in |
| Revenue | $32.1 million |
| Funding | $41 million |
| Employees | View employees |
| Industry | Insurance |
| Competitors | Policybazaar.com, ICICI Lombard, HDFC ERGO General Insurance, Tata AIG General Insurance Company Limited, InsuranceDekho, Acko, Zerodha, Max Bupa Health Co. Limited, Coverfox Insurance, Digit +22 more (view full list) |
| SIC | SIC Code 737 Companies, SIC Code 73 Companies |
| NAICS | NAICS Code 518 Companies, NAICS Code 54 Companies, NAICS Code 524 Companies, NAICS Code 541 Companies, NAICS Code 541511 Companies, NAICS Code 51 Companies, NAICS Code 54151 Companies, NAICS Code 5241 Companies, NAICS Code 52 Companies, NAICS Code 5415 Companies |
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The Element Insurance annual revenue was $32.1 million in 2026.
The NAICS codes for Element Insurance are [518, 54, 524, 541, 541511, 51, 54151, 5241, 52, 5415].
The SIC codes for Element Insurance are [737, 73].