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Insurance Agency for Sale in Chennai, India

For Sale: Insurance broking company with a unique distribution network of retail insurance.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 17 million
Run Rate Sales USD 23 million
EBITDA Margin 20 %
Industries Insurance Agencies
Locations  Chennai
Local Time 2:01 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 15 million (Native Currency: INR 1,100,000,000)
Reason: Venturing into new opportunities.
Includes physical assets worth USD 400 thousand
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Business Overview

- We are one of the fastest-growing insurance broking company in India with a consistent business track record of >40% YoY growth.

- Serving over 1,30,000+ customers with a premium book of 130+ crores.

- We work on a multi-channel and variable cost model to reach and serve customers.

- Currently operate from 20+ states & 100+ locations.

- We have also launched our web platform to serve both B2B and B2C.

- We intend to create a unique & trustworthy brand with AI & robust insurance distribution network by mobilizing technology for an end to end service.

Products & Services Overview

- Auto, health, travel, property, liability and life insurance.

- Insurance portfolio management.

- Guidance and supporting the right risk solutions.

- Insurance sales and support (digital & physical)

Assets Overview

Company-owned properties, workstations, online platform and other technology assets.

Facilities Overview

Rented space: 5,000 Sq Ft.

Work stations: 140.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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