UAE brokers face rising costs and InsurTech competition

By Reva Ganesan -

Source: Middle East Insurance Review | Nov 2024

Lockton Insurance Brokers Dubai’s Mr Shadi Al Mahameed highlighted increased consumer awareness and digital transformation as positive trends for the industry. But challenges from rising costs, InsurTech competition and regulatory pressures in the insurance sector need to be watched. Middle East Insurance Review spoke to him to learn more.

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