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Newly Established Casualty Insurance Company Investment Opportunity in Abu Dhabi, United Arab Emirates

Insurance brokerage firm with an advanced Insurtech platform. Integrated with government systems and insurance companies.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.9 million
Run Rate Sales USD 16.3 million
EBITDA Margin 10 - 20 %
Industries Casualty Insurance + 1 more
Locations  Abu Dhabi
Local Time 1:45 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 2.7 million for 25.0% stake (Native Currency: AED 10,000,000)
Reason: Growth and expansion to other territories.
Includes physical assets worth USD 3.8 million
Interested to connect with advisors
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Business Overview
- Dual channel insurance broke firm offering both online and offline services.
- Leading the insurtech industry in Abu Dhabi by introducing AI powered platform and automated insurance journey.
- Individual client base surpassing 21k, along with a corporate client base exceeding 100.
- As intermediaries, our revenue is derived from the gross amount paid to risk carriers.
- Revenue in generated from different sources like online platform serving retail clients, and offline operations serving corporate clients.
- Established business relationships with 30+ insurance companies in the UAE market.
- Signed MOUs and affiliate programs with numerous government, semi-government, and private entities.
- Registered with the UAE Ministry of Economy, Ministry of Health, and Central Bank of the UAE.
- Founder brings 20 years of valuable industry experience.
- Company began operations in the last quarter of last year, and hence the huge growth in sales this year.
Products & Services Overview
Individual insurance solutions: car, medical, travel, and more all are automated through one platform.
In addition to all Corporate insurance solutions like property, group medical, casualty, liability and more through team of industry experts.
Assets Overview
License value, bank deposit, platform, office assets, guarantees.
Facilities Overview
One floor rented at the heart of Abu Dhabi.
Sq ft area 530 sq m.
Rent per month is AED 5k.
Capitalization Overview
Self funded with no loans nor liabilities. No outstanding balance at all with all providers, books are absolutely clean and audited. Sole ownership.
Recent Activity
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2 Investors contacted this Business this week. 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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