Need $17M start-up ins. co. to mfg/market unique group ins. product for small businesses- does not exist in USA. rkessler@kessler-assoc.com
Stage
Prototype Ready
Industry
Financial Services
Location
Dayton, OH, USA
Currency
USD
Founded
December 2008
Employees
1
Company Summary
Group insurance product (not currently in existance) for small business owners that will help to attract and retain employees. Seeking an equity investor to provide $37M to start a new insurance company in the USA. First year $17M, with an additional $10M at the end of the second operating year, and another $10M at the end of the third operating year, in order to meet RBC statutory requirements. Will start in Ohio then expand throughout USA.