Element Insurance
Element Insurance is a European (EEA-based) fintech-infrastructure provider (Embedded insurance). Verified at source - licence, regulator and registry reference. Defunct
Who it's for
Element Insurance is built for products embedding insurance into their flows.
Sovereignty profile
- Data residency (EEA): Yes - hosted in the EEA - GDPR / CLOUD Act safe
- Company origin: EU core (Germany)
What Element Insurance does
Verified licence profile
Element Insurance AG (Berlin, Germany) - white-label insurtech carrier (BaFin-licensed) that powered embedded-insurance programmes. Insolvent: BaFin filed for insolvency after the company's Dec 2024 over-indebtedness notice; final insolvency proceedings opened 1 Mar 2025 (approx. 400,000 policyholders affected; reinsurer Hannover Rueck had declined to renew). Proof-of-value: carrier due diligence matters in embedded insurance.
Verified 2026-07-12. How we verify → · Spotted something out of date? Report a correction. · Are you Element Insurance? Work with us →
Timeline
- 2025-03-01 [status] Final insolvency proceedings initiated (BaFin filed after the Dec 2024 over-indebtedness notice; approx. 400,000 policyholders)
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FAQ
Is Element Insurance European / EEA-based?
Yes. Element Insurance hosts data in the EEA (GDPR / CLOUD Act safe); origin EU core, Germany.
What does Element Insurance do?
Element Insurance covers: Embedded insurance. Verified at source by Fintechnologica.