Insurance Agency Investment Opportunity in Dubai, United Arab Emirates
Online insurance technology comparing the market through an automated algorithm including online payment and issuance.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 35 thousand |
| Run Rate Sales | USD 50 thousand |
| EBITDA Margin | 7 % |
| Industries | Insurance Agencies |
| Locations | Dubai |
| Local Time | 3:58 AM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
1.1 million
for
35.0%
stake
(Native Currency: AED 4,000,000)
Reason: Scaling up, hire new team members, marketing and advertisement.
Includes physical assets worth
USD
54 thousand
Interested to connect with advisors
Documents
Logo
(127.0 KB)
Business Overview
We are an insurance technology company, that started operations in UAE in September last year. We believe in bringing better insurance services and better prices to the client, and this would be possible when society learns about insurance hence, education is part of our mission. Therefore, we are not selling insurance, rather we help our clients to buy insurance. Our portal helps clients compare the insurance market, get quotes, pay and receive policies online.
Products & Services Overview
Insurance technology, car insurance, health insurance, travel insurance.
Facilities Overview
Rented office in Dubai Digital Park in DSOA.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysPartner, Business Advisory, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Milan, Financial Consultant connected with the Business
-
Earlier than 15 daysGlobal Portfolio Manager, Financial Services, Abu Dhabi, Individual Investor / Buyer connected with the Business
Tags:
Insurance Agency Investment Opportunity in Dubai, United Arab Emirates
·Invest in Insurance Agency in Dubai, United Arab Emirates
·Investment Opportunity in Dubai, United Arab Emirates
·Insurance Agency Investment Opportunity
·Invest in Dubai, United Arab Emirates
·Invest in Insurance Agency
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
