- We are Disrupting the insurance industry in Latam and Asia
- We will have a targeted valuation of $1.5 Billion by 2018
- We will have revenues of $25MM and EBITDA of $7MM in 2016
We are bringing disruptive and Affordable Insurance Products to 1 billion new consumers in Latin America and Asia. A market worth $50 Billion annually with dramatic growth.
Received $2.3MM in seed capital
Negotiated draft terms for the acquisition of three leading brokers in Brazil and Argentina
Negotiated LOI’s with acquisition targets and Deloitte began DD on each target
Final terms reached with all three brokers
Brazil website ready for Beta launch
Partnership with Bradesco developed as backbone for further development
William Nobrega invited to speak at a ICV event in NYC on December 8th with over 300 institutional investors present.
IMPACT ON NEW CONSUMERS
We will improve lives of this new consumer´s population in two different ways:
1 -Giving new products the never had access to protect their lives, homes, cars and business,
2- engaging Insurance Carriers (and other Partners) in an effort to match donations we will make – 5% of our Profits.
These ressources will support innitiatives fostering :
Small business entrepreneurship.
This changes the world!
We are bringing innovative Insurance Products to millions of new consumers in Latin America and Asia. We are using disruptive technology and marketing to reach the new consumer a market worth $50 Billion a year. We are acquiring top tier traditional brokers in each major market to include Brazil, Argentina, Colombia, Mexico, Peru, Thailand, Vietnam, Indonesia and the Philippines.
See Campaign: https://www.crowdfunder.com/Soteria/invest
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