Digital Insurer

Digital Insurer is the product name used for ELEMENT's insurance offering. ELEMENT holds a BaFin licence, so it carries the insurance risk itself while providing fully digital products to partners.

What Digital Insurer offers

• White-label products — partners can brand the insurance as their own.
• API-based products — insurance delivered through integrations.
• Actuarial calculations — pricing and risk modelling handled by the insurer.
• Underwriting — risk assessment done on the partner's behalf.
• Policy administration and claims — managing policies and settling claims.
• Customer service — support for the end customers.
• Product engine — lets partners create bespoke products for different use cases and risks.

Who it works with

Partner businesses that want to offer insurance to their own customers without becoming insurers.

Key facts

• Regulator: BaFin, Germany
• Operator: ELEMENT