Insurance Broking Business Seeking Funds In Indore

About Business

Services Offered: Insurance advisory

Total AUM INR: 1–10Cr

Active Client Accounts: 300

Revenue Model: Trail commission

Primary Client Segment: Retail, Corporate

Insurance Broking Business Seeking Funds


Insurance broking business offering health, motor, life and other general insurance products to retail, SME and corporate customers. The business provides policy comparison, placement, renewal and claim support through multiple insurance partners.

Key Highlights

- Established in 2022 and operating from Indore.
- Tie-ups with 20+ insurance companies.
- 500+ policies sold in the last year.
- ₹2 Cr+ premium generated in the last year.
- Health insurance contributes around 60% of the business, followed by motor, non-motor and life insurance.
- Offers policy advisory, comparison, renewal and claim assistance.
- Serves individual customers as well as SME and corporate clients.
- Digital channels are used for customer acquisition and policy servicing.

Funding Requirement

The promoters are looking to raise funds to expand the business, increase customer acquisition, strengthen operations and grow the insurance portfolio. They are also looking for experienced mentorship to support the next stage of growth.

Average Monthly Sales/Revenue (FY 2026-27) : INR 10.00 L

Turnover / Sales (FY 2024-25) : INR 1.25 Cr

Growth Trajectory (YoY) : 20%

Management, Team & Achievements

- Managed by a team with experience across insurance broking, business operations and customer servicing.
- The management team includes three directors overseeing business growth, client relationships and strategic operations.
- A dedicated COO manages day-to-day operations and supports business execution.
- The team has built partnerships with 20+ insurance companies and grown the business across retail and corporate insurance segments.

Clientele type

Clientele includes retail customers for health, motor and life insurance, along with corporate clients for fire, marine, GMC, GPA and GTL insurance.

Premises

LEASED

Lease per month (in INR): 30.00 K

Security Deposit (in INR): 60.00 K

Carpet Area: 850 sq ft

Use of Funds

Equity stake in the company based on the agreed investment terms.

Asking Price

INR 50.00 L

Minimum ticket size

INR 15.00 L

Reason

Expand to new locations / markets

The business is looking to expand operations and adopt AI-based technology to improve efficiency and support faster growth.

Licenses

IRDAI Registration (if insurance), IRDAI LICENSE NO 857