Property & Casualty Insurance Businesses for Sale and Investment Opportunities

The organization extends beyond traditional vehicle sports like billy carts, automobiles, bicycles, and motorcycles. - It is part of a larger hybrid group comprising commercial membership and nonprofit event entities, including associations for campgrounds, operators, and accommodations. - This group's structure is unprecedented in the sports industry, confirmed by our global insurer. - This funding is aimed at a commercial entity offering event insurance covering public liability, including protection against damages to audiences and property. - The company acts as a facilitator of event insurance for NPOs, leveraging partnerships to provide essential public liability coverage. - Partnerships with four insurers ensure comprehensive coverage. - Revenue will primarily come from membership fees paid by NPOs, which is AUD 100 per year per adult. - Given the potential scale of NPOs involved, registrations in the thousands to millions could be anticipated, granting members access to participate in all hosted driving and riding events. - Some countries where the group operates will have smaller populations compared to others, which means higher-populated countries can produce more income, supporting lower-income countries. - All forms of driver and rider sports are inherently risky, particularly motorcycling. To ensure sustainability, both powered and unpowered activities are included to diversify income. - Insurers also cover the group's sister company, which provides group insurance for campgrounds, tour operators, and accommodations. - These lower-risk activities help support higher-risk driver and rider sports. - The group also includes a cooperative where members can own shares in land, ensuring facilities for driver and rider sports globally. - Within the first few years of operation, plans include establishing an Australian Government-approved Discretionary Mutual Fund (DMF) for the entire group, owned by member clubs and businesses. - A DMF is an insurance-like product that shares risk with insurers to ensure continuity for various sectors in Australia. - The organization's global initiative ensures driver and rider sports have ongoing support and sustainability worldwide. - Most of the business processes, registrations and website are in place and hence, the business is ready to be launched shortly by July of this year.

Our business mostly does insurance work, and has direct agreements with all local insurance companies and automobile leasing companies. - Also provides complete repairing and servicing solution for accidents, through our full fledged servicing facility. - We work with around 200 to 250 accident body repairs per month. - Have won many awards in the past. - Buyer will receive insurance contracts which guarantees clients, the necessary know-how and highly skilled paint shop repair employees. - Promoter has 15 years of experience in auto insurance and servicing industry.