Insurance Agency for Sale in Gurgaon, India
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 11 thousand |
Run Rate Sales | USD 14 thousand |
EBITDA Margin | 10 % |
Industries | FinTech + 1 more |
Locations | Gurgaon |
Local Time | 1:16 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- We are an online B2C portal for selling different insurance with a state of the art user interface.
- Customers can choose from a range of over 200 policy products and make an informed decision.
- Have tie ups with more than 10 big insurance companies in India to sell both life and non life policies.
- Over 800 customers acquired till date who will be paying premium every year.
- Recurring annual premium collection of about INR 80 lakh per year through renewals majorly from health insurance customers.
- Physical assets include INR 50 lakh in company account as fixed deposit.
- It would take more than a year to acquire new Insurance broking license. Our license can be transferred in the name of interested party in 2-3 months.
- Immense scope for scaling by only investing in online marketing for lead generation.
- Could open branches across various parts of the country to offer face to face service.
- Different insurance products can be sold such as Health insurance, life insurance, marine insurance, building insurance, motor insurance.
- Claims settlement service can be offered for an extra fee.
Operations are located in an 1,800 sq ft space in a Grade A building on Golf course extension road, Gurgaon.
Office is privately owned by one of the promoters and is not a part of this transaction. If anyone is interested in acquiring the office space as well then the same can be acquired by paying an extra sum of INR 3 crore and we are also open to renting out the facility. The office space is luxuriously furnished with the help of a Ukrainian interior designer with furniture and fixtures have been imported from Germany and Italy.
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Earlier than 15 daysManaging Director, Automotive, New Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysProprietor, Insurance, Mumbai, Corporate Investor / Buyer connected with the Business