RAK Insurance wins top honour

The company has more than 4 decades of experience in medical insurance with numerous offerings catering to both individuals and corporates. The company’s innovative medical insurance provision services that include online and mobile applications, together with its strong technology partnerships have ensured its growth even in a slow market. The company also invests heavily in educating end consumers on the benefits and ease of subscribing to medical insurance. RAK Insurance’s expertise in risk assessment and insurance consulting has further strengthened its position in the UAE market as the leader in Medical Insurance.

Andrew Smith, CEO of RAK Insurance commented: “We would like to thank Frost & Sullivan for honouring RAK Insurance with this award. 2017 was a challenging year for the medical insurance sector in the UAE with increasing competition, a changing regulatory landscape and pressure on pricing. I am delighted with our achievements to date and I would like to also congratulate my team for their continuing contribution to the success of RAK Insurance. Our focus for 2018 will continue to keep our clients at the centre of our business. We shall further develop our digital capability to enhance our client proposition and broaden our medical offering to the UAE Insurance Market.”

Frost & Sullivan Awards recognise companies across regional and global markets for outstanding achievement and performance, superior leadership, technological innovation, customer service, strategic product development, etc.