Estonian fintech company Iute Group has partnered with international insurance companies Allianz Partners and GrECo. The goal of the collaboration is to offer digital, everyday-use insurance solutions in Iute’s target markets. As a first step, Iute launched the region’s first fully digital insurance brokerage service in Albania in February. This service allows customers to manage loan insurance, disability and health insurance, and claims handling directly from their smart devices. “Insurance brokerage is not a side business for us – it’s a strategic part of Iute’s service ecosystem. Sales have exceeded expectations, and customer reception has been very positive,” said Allar Niinepuu, co-founder and...