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Insurance Agency Investment Opportunities in Kingston

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Newly Established Insurance Agency Equity Stake For Sale in Kingston, Jamaica

Kingston-based pre-revenue mobile phone insurance startup seeks investment to launch customer-focused protection plans nationwide.
Kingston-based pre-revenue startup focused on providing insurance plans for mobile phone owners, offering protection against loss, theft, and accidental damage. - The business plans to distribute its insurance plans through physical mobile phone vendors, making coverage easily accessible at the point of purchase. - Customers will be offered flexible insurance plans with monthly billing options and coverage periods ranging from 3 months to 2 years. - The business has presented its concept at few conferences and received positive market feedback, validating demand for the service. - The business is currently pre-revenue and projects annual revenue of approximately JMD 24 million after commencing operations. - The company is currently seeking investment to support the marketing, launch, and commercialization of its insurance services. - Following the launch, the business plans to develop an internal administration app for the next phase to manage customer records, IMEI numbers, policy details, and operational processes efficiently. - The business is registered as a partnership firm and holds a valid tax registration. Not required to be registered with any financial regulatory authorities.
6   Kingston
Run Rate Sales
Nil
EBITDA Margin
Nil
Partial Stake Sale
USD 95 K for 30%
Contact Business
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Newly Established Insurance Agency Equity Stake For Sale in Kingston, Jamaica

Kingston-based pre-revenue mobile phone insurance startup seeks investment to launch customer-focused protection plans nationwide.
Kingston-based pre-revenue startup focused on providing insurance plans for mobile phone owners, offering protection against loss, theft, and accidental damage. - The business plans to distribute its insurance plans through physical mobile phone vendors, making coverage easily accessible at the point of purchase. - Customers will be offered flexible insurance plans with monthly billing options and coverage periods ranging from 3 months to 2 years. - The business has presented its concept at few conferences and received positive market feedback, validating demand for the service. - The business is currently pre-revenue and projects annual revenue of approximately JMD 24 million after commencing operations. - The company is currently seeking investment to support the marketing, launch, and commercialization of its insurance services. - Following the launch, the business plans to develop an internal administration app for the next phase to manage customer records, IMEI numbers, policy details, and operational processes efficiently. - The business is registered as a partnership firm and holds a valid tax registration. Not required to be registered with any financial regulatory authorities.
6   Kingston
Run Rate Sales
Nil
EBITDA Margin
Nil
Partial Stake Sale
USD 95 K for 30%
Contact Business
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