Digital Revolution in Insurance – Iute in Partnership With Uniqa Life, Allianz Partners and GrECo, Is Changing the Game on the Insurance Brokerage Market in the Country

Iute Macedonia – part of the Estonian Iute group, launched the first fully digital insurance brokerage service in cooperation with Uniqa Life, Allianz Partners and GrECo Macedonia, as the only one of its kind on the market. In this way, Iute Macedonia, through Iute Safe, moves to a completely different level of operations and customer service, by introducing an upgrade to the existing processes and insurance coverage.

Through the partnership with GrECo Macedonia, Allianz Partners and Uniqa Life, a modern and flexible insurance model has been developed for the first time in Macedonia under the name “Ризико Плус – Creditor Life Insurance”, which includes coverage that is tailored to the needs of financial institutions and their clients. This collaboration brings together the global power of Allianz in risk underwriting and claims processing, while with the expertise of Uniqa Life and GrECo Macedonia, borrowers will be fully protected from the risk if they are unable to repay the loan due to unforeseen events, such as loss of life or incapacity to work as a result of accidents and illnesses. In this way, the remaining loan amount is not inherited by family members, but is repaid by the insurer.

All operations – submitting claims, activating the policy, managing documents and claiming compensation – take place, completely digitally and in real time, and are available in the Myiute mobile application.

“The insurance brokerage business at the group level is growing intensively, making this business segment one of the key strategic areas of the company and a central part of the Iute Safe ecosystem. The launch of this model represents a significant step in building a complete and modern ecosystem of services offered by Iute. By introducing this product, we are setting a new standard on the market and providing our clients with financial security and protection exactly when they need it most. Our goal is to make every financial obligation safer and simpler, combining technological innovation with human care and responsibility,” said Borjan Kolemisevski, Executive Director of Iute Safe.

“Life insurance is an investment in a secure future and peace of mind. We are proud that through this strategic partnership we are bringing digital transformation directly to our clients, making it easier for them to access protection when they need it most. This is not only a technological advancement, but also a confirmation of our commitment to always be one step closer to the client. Our vision is not only to respond to modern challenges, but to lead the insurance market through digital solutions, education and personalized products that make a real difference. We believe that every family deserves financial security, and our mission is to provide that security – today and tomorrow.” – said the General Manager of Unika Life AD Skopje, Ms. Aleksandra Shkembi Antovska.

“We are delighted to join forces with our partners Iute and Uniqa Life to bring this innovative solution to life. This collaboration reflects our shared vision for the future of insurance – fully digital, customer-centric and designed to meet the expectations of modern consumers. Together, we are setting new standards in the industry and confirming our commitment to smarter, more efficient and inclusive financial protection for all. In this way, as GrECo in Macedonia, we are not only raising the bar for digital insurance solutions, but also strengthening our position as a leader in delivering customer-centric solutions within the Affinity model across the industry,” says Zoran Georgiev, General Manager of GrECo in Macedonia.

This innovation is part of the growing strategy of the Iute Group to offer digital, everyday useful, unique and digital solutions in the field of personal finance and insurance, setting new standards for what modern insurance should look like.