NEW INSURANCE UNDERWRITING AGENCY - INVITING EXPRESSIONS OF INTEREST

By allbiz1
0
(0)

Sydney 2000 Sydney, New South Wales, Australia

0 9
$500,000
BIZ5850antip
3 days ago

Antipodean Underwriting: Australia's Independent Insurance Underwriting Agency

Antipodean Underwriting presents a strategic investment opportunity to participate in Australia's newest truly independent insurance underwriting agency. With a focus on the underserved SME market and a commitment to employee ownership, Antipodean is positioned to revolutionise the insurance industry in Australia.

Key Investment Details

  • Capital Raising: AUD$1,080,000
  • Shares Available: 1,000,000
  • Price Per Share: AUD$1.08
  • Equity Offered: 10% of company
  • Minimum Investment: AUD$500,000

Why Invest in Antipodean Underwriting?

Market Opportunity

  • The Australian insurance market writes AUD$59.3 billion in gross written premium annually
  • Approximately 55% of this market is placed through intermediaries
  • Strong focus on the SME market, which accounts for 98.2% of all Australian businesses

Unique Competitive Advantages

  • Australia's only truly independent, employee-owned underwriting agency
  • Complete independence from broker ownership, eliminating conflicts of interest
  • Proprietary digital platform (Rate-AU) enabling 24/7 broker access
  • No legacy systems or historical losses to contend with
  • Australian ownership and control

Experienced Leadership Team

  • Led by industry veteran Jaydon Burke-Douglas, with over 20 years of insurance experience
  • Former COO and General Counsel at Professional Risk Underwriting
  • Management team brings together over 75 years of combined insurance industry expertise
  • Proven track record in underwriting, legal compliance, claims management, and financial operations

Growth Strategy

  • Targeting break-even within 24 months
  • Projected EBITDA of AUD$2.7M by year 5
  • Clear exit strategy with industry standard valuations of 10-16x EBITDA for successful agencies
  • Initial focus on Allied Health with planned expansion to comprehensive product suite

Use of Funds

  • AFSL Acquisition: AUD$50,000
  • IT Platform Development: AUD$750,000
  • Marketing and Business Development: AUD$50,000
  • Working Capital: AUD$150,000

Don't miss this opportunity to invest in the ground floor of what we believe will become a significant force in the Australian insurance market, offering a new model that better serves brokers, employees, and ultimately, the end clients.

Contact for More Information

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