albsig jete sh.a
- Company typePrivate
- Founded-
- HeadquartersTirana, Albania
- Headcount—
- GTM typeB2C
- OfferingServices
albsig jete sh.a firmographics
Firmographics- Name
- albsig jete sh.a
- Legal name
- Albsig Jetë sh.a
- Website
- https://albsig-jete.al
- Company type
- Private
- Operating status
- Operating
- Ownership category
- akta.pro rank
albsig jete sh.a industry classification
Industry- Product category
- Life Insurance
- NAICS
- Direct Life Insurance Carriers (524113), Direct Life, Health, and Medical Insurance Carriers (52411)
- SIC
- Life Insurance (6311)
- akta.pro primary industry
- Whole Life Insurance (FSAIABAA)
Keywords
Where albsig jete sh.a is headquartered
LocationHeadquarters
- HQ city
- Tirana
- HQ country
- Albania
- HQ region
- Europe
Offices1 record
Markets served
albsig jete sh.a business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Life Insurance Premiums: Albsig Jetë generates revenue through life insurance premium collection from individual and family policyholders. The company offers multiple insurance products including life insurance for loans, life and accident insurance, student life insurance, and travel insurance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Life Insurance products with customizable coverage |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
albsig jete sh.a product offering
Product offeringCore offering
Albsig Jetë sh.a is a life insurance provider offering five core insurance products (loan-related life insurance, life and accident insurance, combined life/health/accident insurance, student life insurance, and travel life and health insurance) plus an MSO Medical Second Opinion card service in partnership with MediGuide. Products are sold to Albanian individuals and families through direct online application and a sales department, generating revenue primarily via annual insurance premiums.
Product overview
Albsig Jetë sh.a is a life insurance company operating as a subsidiary of Albsig sh.a in Albania. The company offers a portfolio of five core life insurance products (Sigurimi i Jetës për Hua, Sigurimi i Jetës dhe Aksidenteve, Sigurimi Jetë Shëndet Aksidente, Sigurimi Jetë Nxënësi dhe Studenti, and Sigurimi Jeta dhe Shëndeti në Udhëtim) complemented by an MSO (Medical Second Opinion) card service offered in partnership with MediGuide. The products range from loan protection and accident coverage to travel health insurance and student-specific coverage, providing financial protection and stability for individuals and families.
Differentiator
Problem solved
Functional benefit
Brands
- Karta MSO (Opinion i Dytë Mjekësor): Medical second opinion service card offering access to international specialized hospitals for medical consultations.
Products and services
- Sigurimi i Jetës për Hua (Life Insurance for Loans) Life insurance product specifically designed to cover loans, protecting borrowers' families by paying off outstanding loan balances in case of the insured's death. Targeted at Albanian borrowers who want to ensure their families are not burdened with debt repayment.
- Sigurimi i Jetës dhe Aksidenteve (Life and Accident Insurance) Life and accident insurance offering financial protection for bodily injury or disability caused by accidents or negligence. Designed for individuals seeking comprehensive accident coverage combined with life insurance protection.
- Sigurimi Jetë Shëndet Aksidente (Life, Health, and Accident Insurance) Combined life, health, and accident insurance providing comprehensive coverage for various risks. Targeted at individuals and families seeking holistic protection across life, health, and accident scenarios.
- Sigurimi Jetë Nxënësi dhe Studenti (Student Life Insurance) Life insurance specifically designed for students and pupils, providing financial support to parents in case of child's illness or accident. Aimed at parents who want financial protection for their children's education and wellbeing.
- Sigurimi Jeta dhe Shëndeti në Udhëtim (Travel Life and Health Insurance) Life and health insurance coverage for travel abroad, providing protection during international trips and stays. Designed for Albanian travelers seeking life and health coverage during international travel.
- Karta MSO (Medical Second Opinion Card) Medical second opinion card service provided through partnership with MediGuide, enabling access to medical consultations from specialized hospitals worldwide. Targeted at individuals seeking supplementary medical advice and access to international healthcare expertise.
Companies that use albsig jete sh.a
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
albsig jete sh.a technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
albsig jete sh.a partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- MediGuidecoreMediGuide is the certified partner providing the Second Medical Opinion (MSO) service, enabling Albsig Jetë customers to access medical opinions from specialized hospitals worldwide through the MSO card product.
- Albsig sh.acoreAlbsig Jetë is a subsidiary of Albsig sh.a, the parent insurance company in Albania. This partnership provides brand association, distribution network access, and operational synergies across the Albsig insurance group.
- Autoriteti i Mbikëqyrjes Financiare (AMF)coreAMF is the Albanian Financial Supervisory Authority that regulates the insurance industry. Albsig Jetë operates under AMF oversight, ensuring compliance with financial and insurance regulations.
Scale indicators3 records
albsig jete sh.a competitors and assessment
Company assessmentBroad incumbents
- Generali Group: Global insurer with significant CEE and Balkans presence offering life, health, and asset management products; operates as a broader multi-line incumbent relative to Albsig Jetë's specialized life focus.
- Prudential Financial: Global life insurance and financial services leader offering individual life, annuities, and group benefits; serves as a broad incumbent benchmark for life insurance product breadth and underwriting capability.
- Zurich Insurance Group: Global multi-line insurer with life and non-life offerings across Europe; broad incumbent providing a comparable reference point for Albsig Jetë's life and accident product positioning.
- MetLife: Large global life insurance carrier with extensive individual and group life product offerings; relevant broad incumbent comparable for life underwriting, distribution, and product design.
- GRAWE Insurance Group: Austrian insurance group active across the Balkans including Albania, offering life and non-life products as a regional multi-line incumbent with broader scale than Albsig Jetë.
- Allianz SE: Global insurance leader with life and health products across Europe and the Balkans; represents the broad incumbent benchmark for scale, distribution, and product breadth that Albsig Jetë competes against.
- AXA Group: Global insurance and asset management group with life and health insurance offerings across Europe; serves as a broad competitive benchmark for Albsig Jetë's product and distribution model.
- UNIQA Insurance Group: Large Austrian/European insurance group with life and P&C operations across CEE and the Balkans; operates in Albania as a broader multi-line incumbent offering overlapping life insurance capabilities.
Direct peers
- SIGMA Life (Albania): Direct Albanian life insurance peer operating in the same Tirana market with similar individual/family life and health insurance products, competing head-to-head for the same customer segments.
- Illyria Life: Albanian/Kosovo life insurer offering comparable individual life insurance products in the Balkans, directly competing with Albsig Jetë for regional life insurance customers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
albsig jete sh.a social profiles
Digital presencealbsig jete sh.a financial estimates
Financial estimateRevenue estimate
Valuation estimate
albsig jete sh.a leadership team
Management profileNumber of profiles
albsig jete sh.a funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
albsig jete sh.a M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about albsig jete sh.a
What does albsig jete sh.a do?
Albsig Jetë sh.a is a life insurance provider offering five core insurance products (loan-related life insurance, life and accident insurance, combined life/health/accident insurance, student life insurance, and travel life and health insurance) plus an MSO Medical Second Opinion card service in partnership with MediGuide. Products are sold to Albanian individuals and families through direct online application and a sales department, generating revenue primarily via annual insurance premiums.
Is albsig jete sh.a a public or private company?
albsig jete sh.a is a private company. It is classified as corporate owned and is currently operating.
When was albsig jete sh.a founded?
albsig jete sh.a was founded in -1.
Where is albsig jete sh.a based?
albsig jete sh.a is headquartered in Tirana, Albania, in the Europe region.
How does albsig jete sh.a make money?
One revenue line is on record: life Insurance Premiums.
Who are albsig jete sh.a's main competitors?
Broad incumbents on record are Generali Group, Prudential Financial, Zurich Insurance Group, MetLife, GRAWE Insurance Group, Allianz SE, AXA Group and UNIQA Insurance Group. Direct peers are SIGMA Life (Albania) and Illyria Life.
Does albsig jete sh.a have an API?
No public API is recorded for albsig jete sh.a.
What industry is albsig jete sh.a in?
albsig jete sh.a's product category is Life Insurance. Its primary akta.pro industry code is FSAIABAA, Whole Life Insurance. Its NAICS code is 524113 and its SIC code is 6311.