Page 53 - NewTech Insurance PR REPORT - March 2024

NewTech Insurance Brokers Boasts High Client Retention and Impressive Business Growth
N ewTech Insurance Brokers, a prominent insurance brokerage firm in the United Arab

Emirates (UAE), has reported significant achievements in client retention and business
performance. The company boasts a remarkable 90% client renewal rate, while also
experiencing a surge of over 35% in key performance indicators (KPIs) for the fiscal year 2023.

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This impressive client retention rate signifies a high level of customer satisfaction with
NewTech’s services. Clients returning for renewed insurance policies indicate their trust in the
company’s ability to provide them with comprehensive and valuable insurance solutions. This
loyalty is a testament to NewTech’s commitment to client satisfaction through personalized
service, competitive offerings, and a strong focus on building trust with its clientele.

Furthermore, the significant growth in KPIs highlights the company’s overall success in
various aspects of its business operations. KPIs are quantifiable measures used to track and
evaluate the performance of an organization in achieving its goals. The 35% increase suggests
that NewTech has effectively implemented strategies to enhance its performance across
various key areas, such as sales, customer service, and operational efficiency.

NewTech’s strong performance can be attributed to several factors, including its diversified
product portfolio, experienced team of insurance professionals, and commitment to
providing exceptional customer service. The company offers a comprehensive range of
insurance products, catering to various individual and corporate needs. Its team of specialists
possesses extensive knowledge of the insurance industry, ensuring clients receive
personalized advice and tailored solutions. Additionally, NewTech prioritizes customer
satisfaction by offering responsive communication, efficient claim processing, and a
commitment to understanding individual client needs.

Looking ahead, NewTech aims to capitalize on its current momentum and expand its reach
within the Middle East and North Africa (MENA) region. The company plans to achieve this by
leveraging its expertise and established reputation to provide advanced insurance solutions
to a wider audience. This expansion strategy reflects NewTech’s confidence in its ability to

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