This website does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by MergersUS Inc. or any other third party regardless of whether such security, product or service is referenced in this website. Furthermore, nothing in this website is intended to provide tax, legal, or investment advice and nothing in this website should be construed as a recommendation to buy, sell, or hold any investment or security or to engage in any investment strategy or transaction.
This website is operated by MergersUS Inc.a US Corporation with registered office at 40th Wall Street, Suite #2725, New York, New York 10005, United States of America.
A fast scaling insurance broker with unique knowledge driven strategy that enables a Pan-India distribution network of franchises to have unmatched capabilities resulting in maximized customer reach and satisfaction.
The Company has a unique insurance center based model powered by robust technological capabilities which enables it to be exceptionally capital efficient and highly scalable.
Distribution
It has a strong distribution network in motor insurance.
• Recently, it started rolling out full stack health insurance platform for its insurance centers and plans to launch comprehensive Life Insurance offerings shortly.
• The Company is in preparations to venture into highly lucrative B2C space through its digital platform.
• It has various tie-ups for distribution of insurance at strategic points of sale.
KPIs
40+ Cities
100+ Insurance Centers
20k+ Pincodes Covered
~80k Policies Sold in FY21
700k+ Customers Served
Basic Details
Target Price:
$11,000,000
Gross Revenue
$4,570,000
EBITDA
TBA
Business ID:
L#20210168
Country
India
Detail
Business ID:
L#20210168
Property Type:
Insurance Company
Property Status:
For Sale
Target Price:
$11,000,000
Gross Revenue:
$4,570,000
EBITDA:
TBA
Target Price / Revenue:
2.41x
Target Price / EBITDA:
11000000x
Business Description:
The Company is propelled by a strong & organized 75+ member team being led by a set of highly skilled domain experts with extensive knowledge in the Indian Insurance Sector and over 6+ decades of cumulative experience in the Insurance Intermediation Sector.
A fast scaling insurance broker with unique knowledge driven strategy that enables a Pan-India distribution network of franchises to have unmatched capabilities resulting in maximized customer reach and satisfaction.
The Company has a unique insurance center based model powered by robust technological capabilities which enables it to be exceptionally capital efficient and highly scalable.
Distribution
It has a strong distribution network in motor insurance.
• Recently, it started rolling out full stack health insurance platform for its insurance centers and plans to launch comprehensive Life Insurance offerings shortly.
• The Company is in preparations to venture into highly lucrative B2C space through its digital platform.
• It has various tie-ups for distribution of insurance at strategic points of sale.
Description
A fast scaling insurance broker with unique knowledge driven strategy that enables a Pan-India distribution network of franchises to have unmatched capabilities resulting in maximized customer reach and satisfaction.
The Company has a unique insurance center based model powered by robust technological capabilities which enables it to be exceptionally capital efficient and highly scalable.
Distribution
It has a strong distribution network in motor insurance.
• Recently, it started rolling out full stack health insurance platform for its insurance centers and plans to launch comprehensive Life Insurance offerings shortly.
• The Company is in preparations to venture into highly lucrative B2C space through its digital platform.
• It has various tie-ups for distribution of insurance at strategic points of sale.
KPIs
Basic Details
Target Price:
$11,000,000
Gross Revenue
$4,570,000
EBITDA
TBA
Business ID:
L#20210168
Country
India
Detail
Similar Businesses
Published on October 4, 2021 at 6:39 am. Updated on October 4, 2021 at 6:40 am
Leading Insurance Agency
$1,600,000
Insurance Company
PREVIOUS PROPERTY
Specialist global Ambulance publishing Business
NEXT PROPERTY
Manufacturing Business of High Quality Patented Merchandising for Famous Football Clubs