Page 26 - NewTech Insurance PR REPORT - April 2024

5/1/24, 2:44 PM NewTech Insurance Brokers expands insurance services for individuals and businesses | hashtag dubai
Recently, the UAE Cabinet approved the establishment of a UAE-wide health insurance system requiring employers to
provide health insurance to its employees. This ini a ve, which includes all domes c and private sector employees,
was launched to ensure that residents’ healthcare costs are more affordable.

The expansion of services by NewTech Insurance Brokers, which holds a Health Insurance Permit (HIIP) from the Dubai
Health Authority and is registered with the UAE Insurance Authority under registra on no. 282, includes a
comprehensive range of reasonably priced, and reliable insurance products and solu ons, tailored to meet the diverse
needs of individuals and businesses in the country. Unexpected medical expenses resul ng from disease and accidents
are covered by the company’s health insurance packages, both inside and outside of hospitals. Furthermore, protec on
against dental and op cal procedures are also included in this insurance package offered by the company.

Arvind Kashyap, CEO of NewTech Insurance Brokers, stated: “The cri cal need for reliable health insurance has
increased in recent years owing to the rising cost of healthcare on a global scale. At NewTech Insurance Brokers, we
recognise this need and are commi ed to offering innova ve and reasonable insurance solu ons tailored to our client’s
unique needs and requirements. We are well-prepared to provide comprehensive health insurance solu ons that
ensure legal compliance and offer our clients the best possible coverage in response to the UAE’s compulsory health
insurance system. Our goal is to safeguard all individuals and their loved ones from the financial strain that comes with
medical emergencies by offering affordable online health insurance solu ons. We aim to establish ourselves as the
preferred choice in the MENA region for all insurance and reinsurance related requirements.”

As people and employers seek to safeguard their finances against the ever-rising medical costs, NewTech Insurance
Brokers is dedicated to offering world-class insurance solu ons to discerning customers. The company’s mission is to
address this need by providing individuals and businesses with access to top-notch insurance services, while aiming to
advance growth as well as drive innova on in the insurance sector in the UAE.

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About NewTech Insurance Brokers

Based in UAE, NewTech Insurance Brokers is a licensed and regulated insurance brokerage firm recognized as a
powerhouse in the UAE market. They specialize in providing a wide array of insurance solu ons tailored to meet the
needs of both individuals and businesses. For individuals, the company offers comprehensive coverage for Motor,
Property, Travel, and Health insurance needs. Addi onally, the company’s corporate insurance offerings encompass a
range of services including Small Business/Business Owner’s Policy, Marine, Employee Benefits, Engineering, Property,
Casualty & Financial Lines, and Motor Fleet insurance. The company is registered under the UAE Insurance Authority
with registra on number 282 and holds a Health Insurance Permit (HIIP) under the Dubai Health Authority. Dedicated
to delivering customizable, affordable, and reliable insurance products, NewTech stands out as specialists in
(Re)Insurance Broking Services, supported by unique solu ons designed to enhance efficiency and effec veness within
the insurance industry. For details, kindly visit: h ps://newtechme.com/about-us/

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