History of IIZI kindlustusmaakler AS
Project of e kindlustus (IIZI) was financed by corporative risk capital company Intergate, which was a company founded on equal footing by Eesti Telefon and Eesti Ühispank to finance business projects.
We opened web page www.e-kindlustus.ee along with price comparisons of insurance companies and the possibility to make a contract.
We began cooperation with AS Shell Eesti to offer motor third party liablity insurance contracts of several different companies along with the possibility of price comparisons to the clients in Shell filling stations. With this, we created the first widespread selling network where the client can compare prices of motor third party liability insurances and quickly choose the one that is most suitable for them. This was a very innovative solution, as thus far all filling stations had only sold policies of one insurance company. For this project, we created a special internet-based software in cooperation with Estonian Traffic Insurance Foundation, which significantly facilitates the price comparisons and the issuing of policies also became a lot easier.
We began cooperation with Estonian Motor Vehicle Registration Centre (EMVRC). There is a representative of e kindlustus in EMVRC bureau and he/she intermediates the offers of all insurance companies to the client.
After the Shell service stations were bought by AS Statoil Eesti, the selling network in the filling stations was also extended to the Statoil stations.
We entered into cooperation agreement with AS Sampo Liising, according to which e kindlustus manages the insurance of the whole leasing portfolio of Sampo Liising.
Management of e kindlustus bought the shares that had belonged to the risk capital company Intergate, and after this 100% of the shares of e kindlustus belong to the management of the company.
Due to the rapid expansion of the company, second office was opened in the Tetris bureau building at Mustamäe tee 46, where the back-office of e kindlustus was moved. Also, it is possible for clients to sign insurance agreements on the spot in the Mustamäe office. Insurances brokers are still in our office in the centre of the city in CityPlaza bureau building, Tartu mnt 12, on the 12th floor.