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Project Insurance

Deal Description:

Insurance Brokerage firm based in UAE, under incorporation.

  • Initial Approval has been received.
  • Final Approval is awaited on submission of Bank Guarantee of AED 3M and Security Deposit of AED 3M approximately.
  • The client is ready to sell the Initial Approval and assist in getting Final Approval.
  • Shares in the Company which holds the Initial Approval will be sold.

 

Key Investment Merits:

  • Currently, insurance brokerage licenses are difficult to obtain.
  • Insurance sector ROI ranges from 15-30%
  • Insurance has been made mandatory for all in UAE

 

Management:

Single ownership

 

Financials:

No Financials – As the company is still under incorporation.

Get in touch

Project Insurance info@magas.services 04 2822657 Insurance UAE, Abu Dabi, UAE
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