Casualty Insurance Company Investment Opportunity in Abu Dhabi, UAE
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 11.2 million |
Run Rate Sales | USD 16.3 million |
EBITDA Margin | 10 - 20 % |
Industries | Casualty Insurance + 1 more |
Locations | Abu Dhabi |
Local Time | 6:36 AM Asia / Dubai |
Listed By | Management Member |
Status | Active |
- Leading the insurtech industry in Abu Dhabi by introducing AI powered platform and automated insurance journey.
- Individual client base surpassing 21k, along with a corporate client base exceeding 100.
- As intermediaries, our revenue is derived from the gross amount paid to risk carriers.
- Revenue in generated from different sources like online platform serving retail clients, and offline operations serving corporate clients.
- Established business relationships with 30+ insurance companies in the UAE market.
- Signed MOUs and affiliate programs with numerous government, semi-government, and private entities.
- Registered with the UAE Ministry of Economy, Ministry of Health, and Central Bank of the UAE.
- Founder brings 20 years of valuable industry experience.
- Company began operations in the last quarter of last year, and hence the huge growth in sales this year.
In addition to all Corporate insurance solutions like property, group medical, casualty, liability and more through team of industry experts.
These assets are worth AED 14 million but are being offered at a discounted valuation of AED 13 million in this transaction.
Sq ft area 530 sq m.
Rent per month is AED 5k.
-
1 day, 18 hours agoVice President, Investments, Pune, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManager, Dubai, Financial Consultant connected with the Business
-
Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business