Page 47 - NewTech Insurance PR REPORT - March 2024

NewTech Insurance Brokers enriches customer experiences, records 90% client renewal rate and 35% growth in business KPI…
government support are the major factors driving this growth in the country’s insurance sector.

NewTech Insurance offers reliable and bespoke insurance packages that cater to the specific

requirements and demands of individuals and organisa ons. In addi on to recording significant
business growth in the previous year, the company has explored numerous innova ve technologies and

hired new personnel, both of which have helped to improve the organisa on’s market intelligence and

service standards. Advanced medical insurance plans, services, and products are an important source
for UAE-based companies that are seeking to draw and retain talents. The vast array of services offered

by NewTech Insurance is expected to advance the insurance sector and provide individuals with access

to excep onal and top-notch services.

Hitesh Khanchandani, Managing Partner at NewTech Insurance Brokers, stated: “Our unwavering

dedica on to recognising client requirements and providing unparalleled value is reflected in the
success we recorded the previous year. Through a number of strategic ini a ves and targeted efforts,

we are constantly striving to strengthen our posi on as a significant player in the region’s insurance

sector. Our focus and commitment have enabled us to guarantee the efficacy of our services and
increase the client renewal rates.”

Addi onally, the company is also exploring new insurance products that are yet to gain prominence in
the Middle East and North Africa (MENA) region, such as parametric travel insurance, which is very

popular in the Western countries. With these solu ons, the company aims to advance the insurance
sector in the UAE and provide individuals and businesses with access to top-notch insurance services.

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