Page 49 - NewTech Insurance PR REPORT - March 2024
P. 49
NewTech Insurance Brokers enriches customer experiences | iHeartEmirates
This achievement further solidifies the company’s position as a trusted partner in the UAE’s
insurance landscape, particularly within the healthcare sector, with a comprehensive range
of insurance packages, services and products. With a specific focus on sectors, including
health, property, motor, and travel, NewTech seeks to continue offering an array of personal
and business insurance services that are flexible, reasonable, and reliable. The company
also recently hosted an event in association with NHRDN addressing HR leads of the region
on navigating the health insurance sector in the UAE.
Arvind Kashyap, CEO of NewTech Insurance Brokers, stated: “We are extremely proud
of the figures we have achieved last year, in terms of business KPIs and metrics as well as
client renewal rate. We look forward to further serving the MENA region in line with our
ambitious plans to reach a larger audience through the provision of more advanced cutting-
edge services. At NewTech Insurance, we adopt an empathetic and compassionate
approach, which helps us better understand customer requirements and concerns as well
as treat them with the respect and care they deserve, enabling us to deliver personalised
solutions catered to their specific circumstances. Through this approach, we also guarantee
insurance services of the highest quality for the MENA region as well as support the UAE’s
mission to protect and safeguard all its citizens.”
As the UAE economy is growing, the need for different types of insurance has increased. In
response to growing demand, the number of medical professionals as well as insurance
companies and services in the UAE has quadrupled, significantly expanding the country’s
healthcare infrastructure in recent years. Reports indicate a substantial focus on health
and life insurance within the UAE’s insurance sector, with the healthcare insurance market
projected to reach USD 19.6 billion by 2030 from USD 10.131 billion in 2022. Growing
population, increasing healthcare costs, significant technological advancements, and
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 organisations. In addition to recording
significant business growth in the previous year, the company has explored numerous
innovative technologies and hired new personnel, both of which have helped to improve the
organisation’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
exceptional and top-notch services.
https://www.iheartemirates.com/news/newtech-insurance-brokers-enriches-customer-experiences 2/3
