Insurance start-up Element Insurance is insolvent

Not only 400,000 customers are affected, but also Berlin dentists. Their pension fund was the main investor in the company founded in 2017.

The insurance start-up Element Insurance can no longer be saved. The provisional insolvency administrator, Berlin lawyer Friedemann Schade, answered the question of whether insolvency can still be averted with "no". He did not provide any further details to the FAZ. The insolvency of Element Insurance affects its customers as well as Berlin dentists. Their pension fund was the main owner of the start-up .