Syed Aijazuddin, Founder and CEO, Acess Meditech (center) addressing media in Hyderabad. Also seen are Mirza Mumtaz Ali Baig, CIO and Sai Meghana Kolanupaka, Project Delivery Head
City-based Acess Meditech Pvt Ltd (AMTPL), an InsureTech startup announced its expansion plans. The startup is moving to a larger location in Madhapur, spread across 18,000 sft as it is going to hire 30 to 40 per cent more employees by the next quarter. AMTPL is looking out for business partners interested in the insurance domain, and aims to open a new branch in Europe by 2025. Currently, AMTPL employs 130 individuals, and has branches in Saudi Arabia, Dubai, and Hyderabad. The startup plans to expand its presence in the Middle East countries.
Syed Aijazuddin, Founder and CEO, AMTPL, said: “We are excited to announce our ambitious expansion plans as we celebrate our 17th anniversary. We aim to expand into new markets, introduce new products or services, invest in research and development, and form strategic partnerships to drive our business growth. We are implementing new products, incorporating Artificial Intelligence (AI) modules, and plan to hire 30 to 40 per cent more employees by the next quarter. We are also open to partnering with businesses interested in the insurance domain.”
Aijazuddin further said that the growth is primarily driven by the company’s products. By adding more modules to its product, AMTPL has become a one-stop solution for insurance companies. The company’s products are reaching the market faster compared to other tech companies, he added.
AMTPL provides software solutions and services tailored for insurance companies, Third Party Administrators (TPAs), aggregators, and insurance brokers.
