Established in 2020, HOOVI is one of the fastest-growing Estonian fintechs providing financial products to SMEs.
We are delighted to announce that GrECo’s Estonian subsidiary, IIZI Group has recently started a new cooperation with Estonian financial technology service provider, HOOVI Rental OÜ.
The partnership, which was agreed on 15 September 2024, will enable HOOVI to meet its leasing customers’ demands more efficiently by providing them with an instant one-stop shop for all their leasing and insurance (both MOD and MTPL) requirements. Further benefits to be introduced down the line will also see IIZI offering HOOVI customers payment protection insurance so they can safeguard against the risks of being unable to meet their loan or credit obligations.
Urmas Habakukk, Head of the Affinity and Partner Relations at IIZI Group said: “We are delighted to announce our new partnership with HOOVI. As the leading insurance provider in Estonia, we are committed to delivering exceptional value to our clients. By leveraging our extensive insurance expertise, we are confident this collaboration will provide HOOVI with the comprehensive insurance solutions they need to offer their leasing customers peace of mind and whilst enhancing their overall customer experience. We look forward to a long-lasting and successful relationship with them.”
Mikk Laos, founder and COO at HOOVI added: “We are thrilled to enter this partnership with IIZI Group. This collaboration enables us to enhance our client offerings and continue our commitment to providing the very best for our customers. We believe this new cooperation will deliver added reassurance and confidence to our clients.”
About IIZI Group
Established in 2000,IIZI Kindlustmaakler AS is Estonia’s largest insurance broker. In January 2018, GrECo Group, the major risk and insurance consultant in CEE, acquired 56.95% of IIZI Group. The company offers high quality insurance mediation services through an online self-service environment www.iizi.ee as well as personal solutions. They have over 150,000 private and nearly 25,000 corporate customers.
About HOOVI
Established in 2020, HOOVI is one of the fastest-growing Estonian fintechs providing financial products to SMEs. With a portfolio of over 7m EUR, services include business loans, leasing, factoring, buy now pay later solutions, credit line, car loans, refinancing, bridge loans, and secured loans. Same-day loan decisions are backed by AI. The company is located in Tallinn, Estonia.
Irma Ibrahimpasic-Hadzic
Head of Sales and Business Development
GrECo Specialty
T +43 5 04 04 323
