ELEMENT Insurance

Germany’s **Versorgungswerk der Zahnärztekammer Berlin (VZB)**, a pension fund for dentists, is suing its former director **Ralf Wohltmann** over a €50 million investment in the now-insolvent **Element Insurance**, an insurtech start-up. The lawsuit seeks damages for the failed investment, which VZB alleges was improperly approved. The case highlights risks in pension fund allocations to high-risk start-ups.

Apr 2026IPENews article

German insurtech startup **Element** raised **€50 million** in funding from **Versorgungswerk der Zahnärztekammer Berlin K.d.ö.R.** and **Alma Mundi**. The investment supports Element’s growth in digital insurance solutions for healthcare professionals. The company focuses on streamlining insurance processes for dentists and medical practitioners.

Feb 2026Beinsure: Insurance & InsurTech Media Market Intelligence PlatformNews article

Element, a German insurtech, secures €21.4 million in Series B funding to expand its platform for embedding insurance into partner products. The round is led by pension fund VZB. The company integrates insurance offerings directly into customer-facing applications, targeting seamless coverage solutions.

Jul 2022insurtechdigital.comNews article

ELEMENT partners with Parametrix Insurance to introduce parametric cloud outage coverage in Europe. The product compensates businesses for financial losses due to verified cloud service disruptions. The offering targets enterprises relying on cloud infrastructure for critical operations.

Aug 2021Insurance JournalNews article