Future of UAE Online Loan Aggregator Market: Ken Research COVID 19 Crisis Creating Opportunity in Credit Market As Coronavirus hit the world in 2020, whilst some countries took a slow approach to comprehend & dealing with the situation, UAE was one of the very few countries taking pivotal steps to minimize both health & economic risks in the country. However, as the global oil… Read More »
UAE Online Loan Aggregators Industry Outlook to 2024: Ken Research The publication titled ‘UAE Online Loan Aggregators Industry Outlook to 2024 – Driven by Shifting to Contactless Services & Easy Online Loan Facilitation’ undertakes an analysis of the UAE’s socio-demographic, economic & banking outlook; overall lending & retail lending scenario; gaps in traditional models filled by aggregator model; unique operating models in the sector, organizational structure of major… Read More »
How Insurance brokers could capitalize on the opportunities led by Premium Comparable Websites in UAE: Ken Research Contributing 42% to total GWP collection in 2018, as per the data released by the Insurance Authority of UAE, traditional brokers led the distribution of insurance products among the UAE population. These brokers have been characterized as employing a team of telesales representatives opting for aggressive selling for different products including Health, Motor, and Life… Read More »
UAE Insurance Aggregators Industry Analysis: Ken Research Socio-Economic Outlook Of UAE 88% ex-pat population majorly from Asian countries, a high number of young populations, increasing household income is changing the buying behavior of customers from traditional to online led models. More than 2/3rd of the population belongs to 25-54 age; the total population growing at 1.5% Y-o-Y depicts customer adaptability towards Fintech and… Read More »
What lies ahead for Aggregators in UAE: Ken Research Aggregators (Price Comparison Websites) have been lately introduced in UAE and within a short span of time, these platforms have gained much traction and are experiencing >200% Y-o-Y growth in their top line figures. However, unlike European and other developed countries, the penetration of aggregators is still very low. (~60% of motor insurance sales happen… Read More »
UAE Online Insurance Industry Outlook to 2024: Ken Research The publication titled ‘UAE Online Insurance Industry Outlook to 2024 – Driven by Customer Uptake, Ease for New and Renewal Policy Convenience with Insurance Aggregators’ undertakes a comprehensive analysis of the insurance industry in UAE, product-wise buying patterns of insurance among the population, traditional distribution channels including brokers, banks, agents, direct channels, etc and further explore… Read More »
