Property & Casualty Insurance Company Investment Opportunity in Chennai, India
|Employees||10 - 50|
|Legal Entity||Private Limited Company|
|Run Rate Sales||USD 46 thousand|
|EBITDA Margin||25 %|
|Industries||Property & Casualty Insurance|
|Local Time||10:05 AM Asia / Kolkata|
|Listed By||Management Member|
IRDA licensed company providing survey & loss assessment services for general insurance claims. We have tie-ups with 7 insurance companies and have conducted 500+ survey & loss assessments for them. We receive 5% of the total insurance claims as our commission from insurance companies.
This industry is a high potential market with only 10% penetration and limited competitors. Key management team has over 150 years of combined experience both in India & abroad and have held held key positions in MNCs. Directors have already invested INR 1.5 crore of funds in the business.
The company was registered last year and we started operations this year after acquiring IRDA license. Seeking expansion funds to open branches in 6 cities in North and South India. The company has registered office in Chennai. Business owned assets include laptops, computers, furniture and furnishing.
Loss Surveying, Loss Adjusting, Risk Inspections, Risk Survey, Risk Assessments.
IRDA license and office automation.
Having about 2,500+ sq ft of office with excellent infrastructure in a leased building.
Earlier than 15 daysPresident, Insurance, Tampa, Corporate Investor / Buyer connected with the Business
Earlier than 15 daysManaging Director, IT Consulting, Singapore, Individual Investor / Buyer connected with the Business
Earlier than 15 daysCEO, Travel & Tourism, London, Corporate Investor / Buyer connected with the Business