Asking price
AED 19,137,874AED
Established UAE insurance brokerage (founded February 2018) with 37+ carrier partnerships, a digital-first platform, and strong customer satisfaction ratings. CBUAE-licensed and ISO 9001 certified, operating with a team of 100 across retail, specialized, and corporate insurance lines.
A CBUAE-licensed digital insurance brokerage offering comparison, purchase, and management of insurance policies across 35+ licensed insurers in the UAE. The product portfolio spans three main divisions: **Retail Insurance Solutions:** 1. Motor Insurance — Comprehensive vehicle coverage with seamless processing through digital identification platforms (UAE PASS integration), including standard car, classic car, EV, and fleet options. 2. Health Insurance — Personalised plans for individual and family health needs, including investor and golden visa categories. 3. Travel Insurance — Covers medical emergencies, trip cancellations, and other travel-related contingencies. 4. Homeowners Insurance — Protection for residential property and associated liabilities. **Specialized Insurance:** - Cyber protection - Coverage for yachts, boats, and bicycles - Pet and personal accident insurance - Golf-specific coverage **Corporate Insurance Solutions:** 1. Group Medical Insurance — Tailored healthcare plans for employees. 2. Engineering and Construction Insurance — Coverage for projects and construction-related risks. 3. Marine and Cargo Insurance — Policies for shipping and logistics. 4. Energy Insurance — Specialised coverage for the energy sector. 5. Liability Insurance — Protects businesses against legal liabilities. 6. Motor Fleet Insurance — Comprehensive policies for corporate vehicle fleets. 7. Office Multicover Insurance — Tailored packages for SMEs. 8. Corporate Cyber Insurance — Safeguards businesses from cyber threats and data breaches. **Revenue Model:** Commission from insurer partners on policy issuance and renewals, plus service fees. The platform features AI-powered instant quotes (60-second comparison), OCR document scanning, AI car valuation, and a digital claims management system. A loyalty rewards program provides additional customer retention through lifestyle vouchers and partner discounts. Founded 27 February 2018.
Serving 1.5M+ policyholders across all 7 emirates of the UAE, spanning both individual and corporate segments. Customer satisfaction is exceptional — 4.9/5 Google rating from 5,000+ reviews, NPS of 92, and CSAT of 99%. The platform has a strong repeat/renewal engine supported by a loyalty rewards program that incentivises multi-policy holdings and referrals. Market positioning is as the UAE's leading digital insurance comparison and brokerage platform, capitalising on the country's high insurance penetration rate and regulatory mandates (e.g., mandatory health insurance). The business benefits from national digital infrastructure integration (UAE PASS), which reduces friction and drives conversion. Market trend: UAE's insurance sector is growing steadily, supported by population growth, regulatory reforms, and accelerating digital adoption — all tailwinds for a digital-first broker.
Headquartered in Abu Dhabi with a team of approximately 100 employees. The founding CEO has 20+ years of senior leadership experience at top-tier UAE insurance institutions. Operations are supported by a proprietary technology platform featuring AI-powered quote comparison, OCR document scanning, AI car valuation, and a universal insurer integration module. The business operates Saturday–Thursday, 8 AM–10 PM, with 24/7 digital support via AI chatbot and licensed human advisors available by phone, WhatsApp, and live chat. Claims are handled through a dedicated digital claims system with assigned advisors and direct coordination with approved garages and 1,000+ network hospitals. Quality management is certified under ISO 9001:2015. The company holds memberships with the Emirates Insurance Federation and the Abu Dhabi Chamber of Commerce.
Geographic expansion across the GCC (Saudi Arabia, Qatar, Oman) using the proven digital playbook. Deeper penetration into the SME and corporate insurance segment with tailored packages. Expansion of the AI platform into adjacent verticals — claims automation, telematics-based motor insurance, and embedded insurance partnerships with non-insurance brands (banks, auto dealers, proptech). The loyalty/rewards program can be monetised further through strategic brand partnerships. Regulatory changes (e.g., new mandatory insurance categories) represent recurring growth catalysts. The proprietary insurer integration module can be licensed as a B2B SaaS product to smaller brokers.
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Asking price
AED 19,137,874AED
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