UAE, Aug. 27 -- InsuranceMarket.ae has appointed Hitesh Motwani as Chief Executive Officer following regulatory approval from the Central Bank of the UAE, marking an important new chapter for one of the UAE's leading insurance platforms. Founder Avinash Babur will move into the role of Chairman of InsuranceMarket.ae while continuing as Founder and Chairman of Alfred Holdings. Hitesh's formal appointment is as CEO of AFIA Insurance Brokerage Services LLC, the regulated entity behind InsuranceMarket.ae, with the names used interchangeably across the business.

Motwani's appointment culminates a journey of more than thirteen years within the organisation. Since joining in 2013, he has held increasingly senior roles across operations, portfol...