26-05-2025
InsuranceMarket.ae receives Allianz Rising Star Award for breakthrough performance
the UAE's largest insurance platform, has been awarded the 'Rising Star 2024' title by Allianz Partners, recognising a year of exceptional growth, strategic alignment, and customer-centric execution. The accolade celebrates the 10x expansion of the shared book between the two partners in just one year — an achievement made more remarkable by the simultaneous uplift in service quality and value delivery. The recognition highlights a model of partnership that goes beyond distribution scale to embrace vision, speed, and sustainability.
"Clarity, ambition and flawless execution—that's what fuels outcomes like this," said Avinash Babur, CEO of "We do not aim to work with everyone. We choose partners who share our long-term ethos. This award is a testament to what can be accomplished when collaboration is intentional and purpose-driven."
Allianz Partners echoed the sentiment in their commendation. 'It was our absolute pleasure to recognize one of our key distribution partners in the UAE who are creating positive disruption in insurance broking," said Cheryl Beattie from the Allianz Partners team. "In 2024, they posted the highest growth levels across both individual and SME segments. Their name is in lights everywhere, with a dynamic and innovative approach that's clearly delivering results."
The award comes as continues to deepen its investment in the future of insurance distribution. From seamless, digital-first customer journeys to the launch of its Global Benefits Practice focused on IPMI and led by Malcolm Wright, the company is setting new standards for what modern insurance broking can deliver.
This recognition joins a growing list of accolades for including its Superbrands status, naming rights for the InsuranceMarket Metro Station, and over 25,000 five-star Google reviews, further cementing its leadership in the UAE insurance ecosystem.
