CLARK Mourns the Loss of Supervisory Board Chairman Frank Strauß

Image Source: Deutsche Bank

Frankfurt am Main, May 27, 2024. With shock and deep sadness, the Supervisory Board, Management Board, and employees of CLARK have received the news of the death of their Supervisory Board Chairman, Frank Strauß, who passed away unexpectedly last week at the age of 54.

Frank Strauß served as the Chairman of the Executive Board of Postbank for six years and later as a member of the Management Board of Deutsche Bank. Since 2019, he specialized in fintechs and start-ups as an investor and mentor. Frank joined CLARK as Chairman of the Supervisory Board in 2022 and played a pivotal role in the development of the company.

CLARK CEO & Founder Christopher Oster stated: “The untimely death of Frank Strauß fills us all with deep sorrow. Frank significantly influenced the development of CLARK in his role as Supervisory Board Chairman. He consistently provided the company and the board with invaluable advice and tireless support. We will remember his contributions with gratitude. Our thoughts are with his family, friends, and colleagues during this difficult time.”

About CLARK:

CLARK is one of the world’s largest insurtechs, with the mission to build the insurance expert in the pocket to protect the world of their customers. The mobile app allows customers to manage, compare, and improve their insurance situation digitally in the most convenient way and provides expert advice at their fingertips. The insurtech is backed by investors including Allianz X, Portage, Tencent, White Star Capital, and Yabeo. The CLARK Group aims to deliver the best possible insurance experience to over 2 million customers in five European countries. From offices in Frankfurt (headquarters), Berlin, Bristol, Amsterdam, Paris, and Zurich, over 800 employees are reinventing insurance day by day.