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VUMI Global, Dubai, United Arab Emirates: VUMI Global

Company: VUMI Global
Company Description: VUMI Global is established within VUMI Group, a major international private medical health insurance company. VUMI Global operates from the office in Dubai, and serves MENA and Asia-Pacific countries.
Nomination Category: Achievement Categories
Nomination Sub Category: Innovative Achievement in Growth
2024 Stevie Winner Nomination Title: VUMI Global
  1. Provide an essay of up to 625 words describing the nominated innovative achievement(s) in growth since 1 July, 2022:

    Total 623 words used.

    Since launching in 2020, VUMI Global has achieved remarkable growth, building brand recognition through innovative marketing, designing plans that meet the diverse needs of its clients, and delivering VIP service at every touchpoint. VUMI Global evolved as a strategic step under the leadership of VUMI® Group, I.I., a respected name in international health insurance.  Drawing upon VUMI Group’s expertise and its resources of eight offices worldwide, a team of over 700 employees, and a network of 12,800 agents globally, VUMI Global is able to offer service-centric plans tailored to the specific needs of the region.

    1. Organizational Management: Strategic Expansion in MENA

    VUMI Global’s commitment to the MENA markets is underscored by a robust, sustainable expansion strategy that targets the specific healthcare needs of these regions.

    The company’s management emphasizes understanding regional nuances, fostering relationships with local partners, and capitalizing on the demand for high-quality, cross-border healthcare solutions. Supported by the broader strength of VUMI Group, which maintains a sustainable portfolio of 134,500 insureds and consistent revenue growth—projected at $330 million for 2024, up from $225 million in 2022 and $250 million in 2023—VUMI Global continues to deepen its reach and impact across the Middle East and North Africa.

    In the Middle East and North Africa, VUMI Global’s expansion efforts emphasize partnerships with local agents and brokers who serve as invaluable conduits for the company’s VIP healthcare solutions. These partnerships, combined with VUMI’s access to 1.8 million healthcare professionals in 185 countries, ensure that clients across the MENA region receive unparalleled, reliable, and culturally sensitive care.

    2. Marketing: Building Brand Recognition in Emerging Markets

    Marketing has been pivotal in establishing VUMI Global’s presence throughout the Middle East and Africa, where International Private Medical Insurance is becoming increasingly popular. The company regularly launches campaigns that showcase its exclusive, VIP-focused healthcare offerings, demonstrating its dedication to treating partners and clients as individuals rather than numbers. This message resonates with audiences who seek premium healthcare solutions. Supported by VUMI Group’s exceptional growth in new business sales – projected to reach $90 million in 2024, up from $53 million in 2023 – VUMI Global’s targeted campaigns continue to effectively build brand recognition.

    In 2024, the company’s most successful campaign centered around the annual agent convention in Monaco. This event generated excitement through the strategic use of global networking. The campaign achieved high engagement levels and served by onboarding agents from the MENA region as our brand ambassadors.

    3. Customer Service: Elevating the Client Experience

    At the heart of VUMI Global’s service model is its commitment to providing a VIP healthcare experience. With 24/7 multilingual support and exclusive offerings like Patient Concierge and Second Medical Opinion VIP®, VUMI Global’s high-touch approach has built trust and loyalty. This model is complemented by the upcoming launch of the VUMI® TRAVEL VIP app – an app that enables insureds to access voice IP and WhatsApp capabilities, global telemedicine, and prescription services – all to ensure that insureds will be protected no matter where they are in the world.

    The company’s investment in digital tools creates a seamless,  intuitive experience for insureds and brokers. From the VUMI(Lab) onboarding tool for brokers to an advanced client portal, VUMI Global prioritizes convenience, enabling insureds to manage their plans from anywhere. Despite embracing technology, VUMI Global maintains a “person-to-person” approach, crucial in an industry where trust is paramount. This human-focused strategy reassures the clients that VUMI Global will be with them throughout their healthcare journey.

    Conclusion

    In just a few years, VUMI Global has achieved impressive growth across MENA through strategic expansion, innovative marketing, and an unwavering commitment to customer experience. By offering tailored healthcare solutions backed by a trusted global network, VUMI Global exemplifies excellence in international private medical insurance.

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