Casualty Insurance Company Investment Opportunity in Abu Dhabi, UAE
Insurtech platform backed with an insurance brokerage firm Integrated with government systems and insurance companies.
Premium Plan
| 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 | 3:41 PM Asia / Dubai |
| Listed By | Management Member |
| Status | Active |
Partial Stake Sale
USD
2.7 million
for
75.0%
stake
(Native Currency: AED 10,000,000)
Reason: Growth and expansion.
We are seeking external funding for aggressive expansion across the UAE and t...
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Includes physical assets worth
USD
3.54 million
Interested to connect with advisors
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Business Overview
- Dual channel insurance broke firm offering both online and offline services.
- 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.
- 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.
Products & Services Overview
Individual insurance solutions: car, medical, travel, and more all are automated through one platform.In addition to all Corporate insurance solutions like property, group medical, casualty, liability and more through team of industry experts.
Assets Overview
License value, bank guarantees, platform, office assets, guarantee and operations.These assets are worth AED 14 million but are being offered at a discounted valuation of AED 13 million in this transaction.
Facilities Overview
One floor rented at the heart of Abu Dhabi.Sq ft area 530 sq m.
Rent per month is AED 5k.
Capitalization Overview
Self funded with no loans nor liabilities. No outstanding balance at all with all providers, books are absolutely clean and audited. Sole ownership.
Recent Activity
-
2 days, 4 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
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