Berlin, 27 January 2022 – Eric Schuh, Chief Insurance Officer & Chief Financial Officer at ELEMENT, the leading white-label provider of digital insurance solutions, is named to our list of the Top InsurTech Leaders 2021 in the category ‘digital business ecosystem builders’.
The Top InsurTech Leaders list is presented every year by ACORD, the global standard-setting body for the insurance industry, and Alchemy Crew, a venture commercialization lab for the insurance sector, and honours executive leaders who drive growth and change throughout the insurance industry within the four respective categories collaboration, ESG and inclusive insurtech as well as digital business ecosystem builders.
Robust networks, global digitization, and interconnected systems are no longer a luxury in the industry – they are necessities for efficiency and growth. These ecosystem-conscious leaders are driving the acceleration of cutting-edge innovation while utilizing the global power of network effects by strategically embracing “coop-etition” with their industry counterparts.
‘I feel honoured beyond belief and encouraged at the same time in what we do every day. ELEMENT is fully committed to drive the inclusion of completely digital products within the industry further. Additionally, we are well equipped to also push the development and usability of embedded insurance solutions. When speaking about digital ecosystems, we see that our solutions are often already one building block for success. Every collaboration gives us the urge to exceed the expectations of our partners and their customers. Our strategy is simple: Always deliver the best possible product in the fastest possible time.Eric Schuh, CIO & CFO of ELEMENT
Eric Schuh is a member of ELEMENT’s executive board since 1 January 2021. Schuh comes from Swiss Re, where he held various international management positions. Before that, he headed Swiss Re P&C Solutions, a unit of the global reinsurance company focusing on the use of modern technology and data analytics for customer solutions.
ELEMENT Insurance AG is a fully cloud based insurtech from Berlin, holding a license from the German Federal Financial Supervisory Authority (BaFin) as a direct insurer for non-life insurance. ELEMENT can act as a risk carrier in all EU countries. We are completely independent and serve the industry without restrictions of any group affiliation.
ELEMENT is the only fully cloud based digital insurance company in the European market that has the capabilities to create P&C solutions along the entire B2B2X insurance value chain, including claims settlement. We make this possible, because the best of the worlds of tech and insurance comes together in ELEMENT. This exceptional combination makes us a change leader in the insurance industry. With our clear vision for digital insurance solutions, we helped establish a new industry standard for product innovation and partnerships in the insurance marketplace.
With our proprietary modular tech-platform, we specialise in providing custom-made white-label solutions to partners across all industries. ELEMENT’s combination of full-stack insurance and state-of-the-art tech makes us a strong, fast, and reliable cornerstone for the digital insurance market of the future.