Page 64 - NewTech Insurance PR REPORT - March 2024

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medical professionals as well as insurance companies and services in the UAE has quadrupled, signi

healthcare infrastructure in recent years. Reports indicate a substantial focus on health and life insurance within the UAE’s i
sector, with the healthcare insurance market projected to reach USD 19.6 billion by 2030 from USD 10.131 billion in 2022. Growi
population, increasing healthcare costs, signi

this growth in the country’s insurance sector.

NewTech Insurance o
and organisations. In addition to recording signi

innovative technologies and hired new personnel, both of which have helped to improve the organisation’s market intelligence an
service standards. Advanced medical insurance plans, services, and products are an important source for UAE-based companies tha

seeking to draw and retain talents. The vast array of services o
and provide individuals with access to exceptional and top-notch services.

Hitesh Khanchandani, Managing Partner at NewTech Insurance Brokers, stated: “Our unwavering dedication to recognising client
requirements and providing unparalleled value is re

initiatives and targeted e
sector. Our focus and commitment have enabled us to guarantee the e

Additionally, the company is also exploring new insurance products that are yet to gain prominence in the Middle East and North

(MENA) region, such as parametric travel insurance, which is very popular in the Western countries. With these solutions, the c
aims to advance the insurance sector in the UAE and provide individuals and businesses with access to top-notch insurance servi

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