The National Bank of Ras Al Khaimah, formally recognized as RAKBANK has announced the launch of Protego, an insurance aggregator platform poised to revolutionize how users navigate insurance in the UAE. Protego Insurance Brokers L.L.C is a 100% subsidiary of the National Bank of Ras Al Khaimah P.S.C. (‘RAKBANK’) and led by a team of insurance experts and technology enthusiasts. With Protego, RAKBANK aims simplify the rocket science behind insurance and help UAE residents make better-informed decisions when shopping for insurance packages in an overcrowded market.
Ever tried playing chess with a cat? Frustrating, right?
Well, buying insurance doesn’t have to be! Introducing Protego, powered by RAKBANK.
Protego is the easy way to insure your home, car, and travel.Visit https://t.co/F8yL6dvQe8 to learn more and get started with your… pic.twitter.com/dlTNI2nyWN
— RAKBANK (@RAKBANKlive) September 3, 2024
Protego streamlines the entire insurance process, offering real-time quotes, faster coverage, secure payments, and personalized experiences across car, travel, and home insurance. Seamlessly integrated with leading insurance partners, Protego ensures that getting the right coverage has never been easier or more secure.
Raheel Ahmed, RAKBANK Group CEO, shared his thoughts on this milestone, reiterating that “efficiency, convenience, and security are at the heart of modern insurance services. Protego delivers on these fronts, making it simple for users to compare a wide range of insurance options with real-time prices and policies. It’s all about providing a transparent, user-friendly experience that empowers customers to make informed decisions.”
Protego’s platform is built on cutting-edge APIs, allowing customers to access real-time quotes in under 60 seconds. With a blend of digital tools and expert guidance, Protego makes insurance straightforward, putting control directly into the hands of the customer. It’s well stacked ecosystem designed from the ground up, leverages state-of-the-art technology to deliver services like AI-powered claims notifications and roadside assistance. Customers can also securely store and manage their policies through a unique digital folder and e-Vault, ensuring their important documents are always safe and accessible.
Lee Koy Nien, Executive Vice President & Head Bancassurance said that “at Protego, simplicity and transparency are our guiding principles. We’re here to demystify insurance, offering solutions that are easy to understand and tailored to individual needs. Protego is about bringing peace of mind, backed by advanced technology and the support of our expert team.” Protego is authorized and regulated by the Central Bank of United Arab of Emirates (CBUAE) and our Registration Number is 288.
