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Hotline: 1800 102 2007
Hotline : 1800 102 2007
Insurance

AKCM INSU AUXILIARY PVT LTD

Area Requirement -N/A-
Investment Size INR 10000 - 2 Lac
Franchise Outlets 10-20
Business Detail

About Us:

Our organisation renders services to Public and Private sector insurers since 2007. With a corecompetence in providing technical services, we specialise in the pre-inspection of vehicles duringbreak-in-insurance. We have a wide network that ranges from metropolitan cities to state capitals to district towns to mofussil areas. With franchises* in big states like Punajb,Chandigarh,West Bengal, Maharashtra and Gujarat, we wish to grow PAN India.


We are currently on the lookout for collaborations and a scope to grow, together.
Who are we looking for and why?


We believe collaboration doubles productivity.
1. Field Team member (with android phone and vehicle).
2. Collaborators from courier, delivery, logistics, marketing (to use their team for field work).
3. Insurance background, experienced people - (profit making from day 1).
**read more
What is the process of pre-inspection?
1. Identify a break in insurance policy (non-timely-renewal of vehicles insurance)
2. Vehicle owner applies for insurance
3. Owner details shared to our company by the insurance companies
4. A field person lists location and takes photographs and videos of the vehicle (20/30)
5. Report generate through our mobile app in the back office
6. Report shared with insurer
What are the charges of pre-inspection? (charges are based on volume, from city to city)
Two wheeler - 100 Rs.
Cars - 175 Rs.
Commercial vehicle - 250 Rs.
In large cities like Delhi, average number of inspections is 1000. And major business comes in
from the Govt. companies.
The franchisee.
Based on commission basis.


The company charges an amount of 1lakh from the franchise.
50% refundable as security and 50% non-refundable fees.


*Our franchises - Punjab, Haryana, Chandigarh, Himachal Pradesh, Andhra Pradesh, Telangana,
Madhya Pradesh, Chattisgarh, Uttar Pradesh, West Bengal, Maharashtra, Rajasthan, Gujarat

Investment Detail
Commenced Operations
Operations Commenced On 2007
Franchising / Distribution Commenced On 2007
Franchise Details
UNITS
Location Store wise
Investment INR 10000 - 50000
Master / Multi Unit
Region Wise
Investment INR 50000 - 2lakh
Unit / Brand fee INR 50000
Master / Brand fee INR 50000
Royalty/Commission 85 %
राज्य अनुसार
Investment INR 50000 - 2lakh
Unit / Brand fee INR 50000
Master / Brand fee INR 50000
Royalty/Commission 85 %
शहर अनुसार
Investment INR 10000 - 50000
Unit / Brand fee INR 50000
Master / Brand fee INR 50000
Royalty/Commission 85 %
Expansion Locations
North
Delhi, Himachal Pradesh, Jammu and Kashmir, Uttaranchal, Uttar Pradesh
South
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh
East
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
West
Gujarat, Rajasthan, Maharashtra, Goa
Central
Bihar, Jharkhand
UNION TERRITORIES
Andaman and Nicobar, Pondicherry, Lakshadweep, Daman and Diu
Franchise Details
Anticipated percentage return on investment 25%
Payback Period 4-6 Months
Property Details
Type of property required for this franchise opportunity Domestic
TRAINING DETAILS
Franchisee training location ludhiana
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
AGREEMENT & TERM DETAILS
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 2 Years
Is term renewable? Yes

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