Insurance Broking Firm With 800 plus PoSPs Looking to Exit
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Product / Service
Insurance Broking Firm, with a B2B2C distribution model, specializing in retail insurance products, encompassing Motor, Two-Wheeler(TW), Health, and SME(fire/marine) coverage.
Clientele type
Corporates, SMEs, MSMEs, and Individuals
Premises
The premises are leased.
Asking Price Includes
%Ownership will be discussed and Price of Full Sale can also be discussed.
Reason
The Promoters are involved in multiple businesses and are looking to hive off this one.
Other Details
The firm has 12 Locations as of December FY 2023 spread out over in 5 states with HQ in Gujarat.
216+ Cr worth of premium collected since the inception.
90K+ Policies issued.
20+ Company tie ups .
1300+ Insurance advisors.
60K+ Active clients.
77+ Cr renewable base clients.
It leverages a technology platform for streamlined onboarding of PoSPs and provides value to customers via:
* Instant Quote Generation
* Continuity in process
* Payment Link and policy generation
* Adding and tracking members
* Dashboard overview
* Renewal management
* Customer onboarding and management
* Policy sharing
* Integration with SAIBA
End-to-End Claim Services:
24*7 claim assistance
They prepare claim files & send it to insurance/TPA companies.
Insurance Companies they work with includes but not limited to:
* SBI General
* Bajaj Allianz
* ICICI Lombard
* HDFC Ergo
* Digit
* Liberty
* TATA AIA
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
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