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
No Financials – As the company is still under incorporation.