Estonia

Estonia Grants Insurance Broker License to e-Resident Digital Nomad Broker

by Fintechnews Baltic August 24, 2021

The Estonian Financial Supervision Authority (Finantsinspektsioon) has officially granted an insurance broker license to Herrmann, Huebner & Partner to set up NOMADS INSURE in the country.

The firm said that it has emerged as the first e-Residency company to receive this license following an application process of 1.5 years.

The two founders, Markus Herrmann and Christoph Huebner, together have accumulated more than four decades of experience in the health insurance sector.

Since 2010, they have both been working in their Germany-based company, Leni, Leon & die Luchse, a specialised insurance broker for children’s health insurance consisting of a team of seven working 100% remotely since its founding.

The firm chose Estonia as the place for its incorporation due to the digital infrastructure available and the remote-by-design attitude of the legal framework and business environment.

Christoph Huebner

“We are happy to finally be in the position where we can help fellow e-Residents and location independent entrepreneurs around the world to cover their insurance needs.

 

Global health insurance for digital nomads is our expertise and passion! That’s why we’ve established this company and the NOMADS INSURE website.”

said Huebner.

Featured image: Christoph Huebner, Founder of Herrmann, Huebner & Partner