Creative Zone acquires stake in InsuranceMarket.ae

Partnership to foster the growth of the ecosystem for SMEs and Entrepreneurs in the UAE

  

Dubai, United Arab Emirates: Creative Zone, the largest and most trusted business setup advisory firm in the UAE has acquired a stake in InsuranceMarket.ae™, the largest consumer insurance brokerage in the UAE. The acquisition is part of a strategic partnership to further the growth of an ecosystem to support SMEs and entrepreneurs set up, sustain and grow their businesses in the UAE. The alliance with InsuranceMarket.ae™ continues the evolution of Creative Zone to provide added value business support services to this vital sector for the UAE’s economic development.

The SME sector employs 85% of the country’s workforce in the non-oil private sector and the contribution of the SME sector to the UAE’s GDP is estimated at 53% in 2019 according to the Federal Competitiveness and Statistics Authority’s report.

Commenting on the acquisition Steve Mayne, Managing Partner, Creative Zone said: “We are continuously striving to actively contribute to the UAE’s position as the global location of choice for doing business for SMEs and entrepreneurs. We aim to become a catalyst that not only simplifies the business setup process, but a one-stop shop for all the business requirements to facilitate ongoing sustainable business growth and success. We are continuously evolving our offering to provide added business support services and the strategic partnership with InsuranceMarket.ae™ marks the next step in this journey.”

Jigar Sagar, Managing Director, Creative Zone added: “We offer an unrivalled transparent ecosystem far beyond business setup, which includes concierge services, office sourcing and design, meeting event and co-working spaces, tax and accounting, payment gateways and currency exchange.  Our partnership with InsuranceMarket.ae™ will help us broaden our offering and provide customized insurance services to our clients to support the growth of their business.“

Avinash Babur, Founder & CEO, InsuranceMarket.ae™, “We are proud to have partnered with CREATIVE ZONE who are, like us, the largest and fastest growing organisation in their field. We have an exciting pathway to leverage our association to bring greater value to the public of the UAE, especially to the vital SME sector. I look forward to collaborating with Creative Zone to further enhance the delivery of insurance services in a seamless and digital-first way whilst ensuring that we continue to maintain the highest standards of personalised service and prudent risk transfer advice - not only at the time of comparing and purchasing insurance but also at the stressful time of claiming after an unfortunate event.”

For further information visit www.creativezone.ae or www.insurancemarket.ae

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases