Turtlemint opens first office in the UAE

Turtlemint opens first office in the UAE

, a leading Indian insurtech company, launched its first office in Dubai. The Dubai office will serve as the central hub for Turtlemint’s business development in the Middle East region. The company aims to unlock the market opportunity in a fast-developing MENA region. As per Turtlemint’s growth strategy, the expansion announcement is aligned with its recent Series E funding of $120 million. The expansion is undertaken to scale its digital insurance platform offering for enterprises – Turtlefin’s operations in the Middle East. Turtlefin provides end-to-end tech solutions to enable insurance sales and services/ digitize insurance sales and services via comprehensive technology support for large enterprises like Banks and other distributors. Turtlefin works with over 160,000 financial advisors and 50+ financial institutions in India and the Middle East. In 2020 the company pioneered the common API framework. Since then, the Turtlefin platform has been a significant breakthrough for the region and has gained further popularity post its partnership with Mashreq in 2021. Currently, Turtlefin is planning to work with multiple enterprises and users to help scale the insurance distribution platform. Laxmikant Pawar will be leading the new center. Prior to this he held positions at Mashreq Bank and Oman Insurance in