Insurance Agency for Sale in Chennai, India

Insurance broking company empowering insurance portfolio management with technology and personal connections.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 18 million
Run Rate Sales USD 21 million
EBITDA Margin 20 %
Industries Insurance Agencies
Locations  Chennai
Local Time 9:48 AM Chennai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 10 million (Native Currency: INR 700,000,000)
Reason: Venturing into new opportunities.
Includes physical assets worth USD 400 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
PAN Card
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 10,000 customers per month with a monthly average premium book of 13 crore.

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

- We work on a multi-channel approach to reach and serve customers. Currently operated from 16 states & 60 branches in various channels.

- We have also launched our web platform to have a hassle-free approach.

Products & Services Overview

General Insurance for motor, health, travel & SMEs and life insurance.

Assets Overview

Company owned properties, movable assets, furniture and electronics.

Facilities Overview

Rental facility located in Royapettah with a seating capacity of 140.

Recent Activity
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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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