PriyaPatel
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TLDR:
Anoud Tech, a global InsurTech group, has launched its UAE branch with the goal of becoming the IT platform provider of choice for the insurance industry in the MENA region. The company’s end-to-end IT platform, Anoud+, aims to revolutionize the insurance industry by shifting insurers from legacy systems to digital solutions that cover the entire insurance lifecycle.
- Anoud Tech launches UAE branch to become IT platform provider in MENA region.
- Anoud+ aims to revolutionize insurance industry with digital solutions.
Full Article:
Anoud Tech, a global InsurTech group based in Qatar, has launched its UAE branch with the objective of becoming the IT platform provider of choice for the insurance industry in the MENA region. Established in 2020 by Qatar Insurance Company in collaboration with Swiss Re, Anoud Tech aims to revolutionize the insurance industry by helping insurers shift from legacy systems to its end-to-end IT platform, Anoud+.
The company’s integrated insurance suite, Anoud+, offers powerful digital solutions that cover the entire insurance lifecycle. This platform can help boost revenues through digitized offerings for customers and increase efficiencies through smart automation.
According to Mr Ahmed Al Jarboey, Anoud Tech board member, the opening of the UAE branch is a significant step for the company in achieving further growth. The company is confident that Anoud Tech will play a crucial role in modernizing the insurance industry in the UAE and the broader MENA region.
Mr KV Kumar, Anoud Tech CEO, highlighted that the decision to establish an office in Dubai was driven by the increasing demand for technology transformation among insurers in the UAE and the broader region. He mentioned that many insurance companies in the UAE and GCC are looking to shift to modern IT platforms to drive growth and profitability.
Mr Amitesh Prakash, business development manager and head of UAE operations, expressed the company’s excitement to work with the regional insurance industry, promising to deliver the highest standards of service and responsiveness.
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