EYE Success Story: Olexandr Babaian & Nicoleta Acomi – Innovating Insurance Through Digitalization

Olexandr Babaian, a 39-year-old aspiring entrepreneur from Ukraine, joined the Erasmus for Young Entrepreneurs (EYE) program to gain insights into the insurance sector and launch his digital insurance platform in Romania. Olexandr was introduced to the program by his brother, Igor, who had previously recommended it as a valuable opportunity. His goal was to innovate the insurance industry by developing an online platform that streamlines the process of obtaining insurance.

Nicoleta Acomi, 45, is the founder of HAB TrainingClub, a Romanian platform dedicated to digital training and professional networking. She joined the EYE program to connect with like-minded entrepreneurs, explore new business opportunities, and gain fresh perspectives to scale her own business. Nicoleta was particularly keen on exploring how digital tools could enhance her work and broaden her reach.

Olexandr and Nicoleta’s collaboration quickly turned into a productive mentor-mentee relationship based on mutual trust and respect. Olexandr worked closely with Nicoleta and her team, gaining expertise in digital marketing, automation, and customer relationship management. Their daily exchanges allowed Olexandr to apply these skills directly to his business, integrating innovative technologies to address modern client needs. Nicoleta generously shared her knowledge, especially on digital strategies and automation, empowering Olexandr to refine his platform’s functionalities.

A major achievement of their exchange was the creation of an AI-powered insurance platform that simplifies the insurance process. By using AI and a chatbot, the platform allows users to quickly and efficiently complete insurance procedures without needing to visit a physical office. This innovation significantly improves user experience and streamlines the entire process, aligning with the increasing demand for digital solutions in the insurance industry.

In addition to the technical expertise, Olexandr gained valuable insights into the Romanian market, which helped him adjust his business model to better serve local customer needs. The exchange also helped him expand his network, opening up opportunities for cross-border partnerships between Ukraine and Romania.

Through the program, Olexandr developed key skills in digital marketing, customer management, and automation tools, which greatly simplified his business operations and enhanced client interactions. He also gained a deeper understanding of the Romanian market, boosting his confidence to expand his digital insurance business.

📣 „Joining the Erasmus for Young Entrepreneurs program was a turning point in my career. With guidance from my mentor, I developed a platform that simplifies and speeds up the insurance process, allowing customers to complete policies without office visits or excessive paperwork.” – Olexandr Babaian, New Entrepreneur

Nicoleta, in turn, benefitted from the exchange by gaining new perspectives on applying digital strategies in diverse business contexts and strengthening her mentorship skills. The exchange also allowed her to build new connections, enriching her network and offering opportunities for future collaborations.

📣 „Working with Olexandr has been enriching for both of us. His eagerness to learn and innovative approach to insurance stood out from day one. Seeing him apply digital strategies and automate client management was inspiring. This exchange showed the value of blending traditional knowledge with digital tools.” – Nicoleta Acomi, Host Entrepreneur