If Insurance News | Oct 05, 2024

If Insurance's branch in Finland acquired approximately 50,000 life insurance contracts from Mandatum Life for EUR 17.5 million...


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If Insurance

🌎 if.lv

If Insurance delivers simple and flexible insurance experiences for private and corporate customers in the Baltic countries. They offer a wide range of insurance products for people, animals, homes, cars, and more, ensuring that their customers have the right coverage and support when needed. The company is committed to diversity and encourages qualified candidates to apply regardless of background.


Updates as of Oct 05, 2024

  • If Insurance's branch in Finland acquired approximately 50,000 life insurance contracts from Mandatum Life for EUR 17.5 million.
  • Mandatum completed the sale of an insurance portfolio to If Insurance for 17.5 million euros, consisting of approximately 50,000 contracts.
  • If Insurance now includes building structures, territory improvements, and common area finishes in their multi-apartment building insurance coverage.
  • If Insurance now includes coverage up to 50,000 EUR for various medical expenses, including chronic diseases, transportation, and repatriation, in their foreign health insurance policy.
  • If Insurance now covers 100% of outpatient and inpatient paid services, 50% of diagnostic examinations, and offers a total insurance sum of €3000 in the Baltics.
  • If Insurance has updated their pet insurance policies to include coverage for dental treatment, third-party damages, and higher limits for treatment costs and death benefits.
  • If Insurance now offers the option to include OCTA insurance as an add-on rather than a standard inclusion.
  • If Insurance Baltic provides CASCO and civil liability insurance for the first autonomous minibus in Vilnius.
  • Elīna Ozola-Tērauda has been appointed as Head of UX & Service Design at If Insurance Baltic.
  • If Insurance now excludes theft coverage from their basic motorcycle insurance plans.
  • Starting September 1, If Insurance's RPA team in the Baltics joined forces with their colleagues in the Nordics, expanding their collaborative efforts.
  • If Insurance has reduced the coverage for baggage and personal belongings as well as travel changes from €600 to €300.
  • If Insurance no longer includes medical assistance in their travel insurance.

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