Insurtech Element brings Swiss Re manager to expand white-label offering

Berlin-based insurtech Element, a provider of white-label insurance solutions, has appointed experienced Swiss Re manager Eric Schuh to its executive board, effective 1 January 2021.

Schuh joins the company from Swiss Re, where he held various international management positions. Most recently, he headed Swiss Re P&C Solutions, a unit of the global reinsurance company focusing on the use of technology and data analytics.

In his new role, Schuh will take over several core areas including insurance operations and underwriting.

Christian Macht, chief executive of Element, said: "I am thrilled to welcome Eric Schuh, a proven industry specialist, as new board member. With his international expertise of more than 15 years, he will develop and expand our business activities together with us."

Ramin Niroumand, chief executive of finleap, Element’s largest shareholder, added: "Since many years, Eric Schuh takes part in the digital transformation of insurance and finance. He is the ideal fit to work with the strong leadership and team to further strengthen Element’s standing as leading white-label provider of insurance solutions."