Kenneth Maw has joined Universal Assuretech as Board Director. Universal Assuretech, headquartered in Singapore is an insuretech which amalgamates vast insurance knowledge on to its technology platform UServeTM.
Welcoming Kenneth Maw on Board of Universal Assuretech, Abhinav Puri, Co-founder and Executive Director of Universal Assuretech said “We transform insurers to become insurance service providers. UServeTM is an outcome of over decades of deep knowledge and experience of insurance domain specialists and technology experts amalgamated for an end-to-end technology suite. UServeTM is unique, composite and extremely user friendly making it a pioneering experience for the new age insurance users. The founders of Universal Assuretech have brought forth their conviction that technology has to be married to end customers’ insurance needs by way of a user friendly and seamless platform. We welcome Ken on board. The exemplary work Ken and his team have undertaken in the last three decades in the insurance sector in Middle East shall be of immense value to Universal Assuretech in fulfilling its objectives of disrupting this vast industry.”
Kenneth Maw said “I am delighted to be on Board of Universal Assuretech which has been set up with the vision of disrupting the information asymmetry in the insurance industry by creating a seamless and open access technology bridge, UServeTM, between the insurance providers and the end customers. In today’s digital world, consumers are looking at flexibility, simplicity, choice and personalization in their interaction with the insurance providers and UServeTM aims to be the technology bridge enabling this connectivity. Universal Assuretech enables insurers penetrate the market thereby positively impacting their top line and also helps in reducing the distribution cost to make them more profitable. It is a WIN-WIN for insurers as well as end customers.”
UServeTM aims to create strategic partnerships with the top insurers, both life and non-life, to extend their geographical reach and also enable them to provide personalized services to their existing and prospective customers.
After extensive market research, Universal Assuretech has planned its addressable market to be South East Asia, Middle East and Africa.