Profitable Insurance Agency Investment Opportunity in Dubai, UAE
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 1.63 million |
Run Rate Sales | USD 1.63 million |
EBITDA Margin | 12 % |
Industries | Insurance Agencies |
Locations | Dubai |
Local Time | 11:05 PM Asia / Dubai |
Listed By | Business Owner / Director |
Status | Active |
- This enterprise has seen an impressive 70% growth in the last year, driven largely by its effective marketing strategies.
- These efforts have significantly lowered acquisition costs and secured top search rankings for key insurance terms, demonstrating the strength of its marketing and unique domain name.
- This strategy has not only enhanced its domain authority but also ensured a low bounce rate among interested users.
- The company has impressively generated AED 6M in gross written premiums, mainly from high-value individual medical insurance products.
- It's projected to achieve at least AED 1 million in revenue through commissions, boasting an 18% net profit margin.
- With its proprietary CRM system designed for insurance aggregation (also marketable as a PaaS to insurers), integrating WhatsApp, AI Chatbot, and website features, and attracting over 32,000 users this year, the company is set for remarkable growth.
- It plans to boost its sales force, emphasize renewal retention, and enhance cross-selling across its product range, targeting revenues over AED 6 million in the next five years.
- In pursuit of this growth, the company is open to external investment.
- The founder, a seasoned banker, insurance expert, and technology enthusiast, is seeking a partner to take on a 20% stake, ready to scale the business while shifting to an investor role. They commit to a 6. -12 month transition period, providing non-operational support to ensure continued growth.
- This business has forged significant partnerships with leading brokers and insurers in the UAE.
We are a registered Price Comparison Website in Central Bank (PCW) and obtained license from the UAE Central Bank.
Our intangible assets encompass:
A highly regarded brand name deeply associated with our industry.
A fully integrated CRM system seamlessly linking WhatsApp, website, call center operations, and the company website itself.
The company's website serves as a digital asset with substantial value.
- Partnership split - Founder & CEO - 90% and Investor- 10%
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Earlier than 15 daysDirector, Wealth Management Solutions, Ajman, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Partner, Investment Fund, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysExecutive Director, Insurance Agency, Doha, Individual Investor / Buyer connected with the Business