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SDBIC

New patented insurance product sold principally through banks to 25M safe deposit box holders. High margin,low capital business generating tremendous cash flow.

  • Stage Full Product Ready
  • Industry Financial Services
  • Location Elgin, IL, USA
  • Currency USD
  • Founded February 2012
  • Employees 5
  • Website sdbic.com

Company Summary

Financial services company that developed and patented an insurance product for the contents of safe deposit boxes. Sold through financial institutions which private label the product and position it as a product enhancement at the time a box is leased or renewed, SDBIC currently has exclusive access to over 25 million leased safe deposit boxes, representing a $1.75B market opportunity.