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Profitable Insurance Agency Investment Opportunity in Dubai, UAE

Looking for Investors: Fuel Growth at a Central Bank of UAE Registered Insurance Tech Aggregator.
This Business is on a Premium Plan
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
Overall Rating
Partial Stake Sale
USD 163 thousand for 15.0% stake (Native Currency: AED 600,000)
Reason: We are seeking funds to drive the growth of our business. The investment amount is tailored to meet ... View More
Includes physical assets worth USD 5.4 thousand
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Business Overview
- An exceptional investment opportunity awaits in a thriving and profitable price comparison website within the UAE's fast-growing insurance sector.
- 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.
Products & Services Overview
Medical insurance, motor insurance, group insurance and all other general class. Mainly we focus on retail health and motor and our retention ratio is 60%.
Assets Overview
Tangible assets in our possession comprise 2 desktop computers, 1 laptop, and assorted items of furniture.
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.
Facilities Overview
The office is located in the center of the city on a 300 sqm area with an annual rent of AED 42,000.
Capitalization Overview
- The company has 2 director with zero debt.
- Partnership split - Founder & CEO - 90% and Investor- 10%
Recent Activity
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1 Investor contacted this Business this month. Register below to connect now!
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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