SafeRide Insurance Solutions – Business Plan

Confidential investor-grade business plan for SafeRide Insurance Solutions (Pty) Ltd, a digital motor vehicle insurance company in Sandton seeking R20,000,000 in seed and Series A capital.

Confidential Business Plan

SafeRide Insurance Solutions

A digital-first motor vehicle insurance company headquartered in Sandton, Gauteng — delivering technology-driven, usage-based and embedded motor cover with AI-powered claims, structured as an investor-ready ZAR 20-million insurtech opportunity.

Legal Entity
SafeRide Insurance Solutions (Pty) Ltd
Headquarters
Sandton, Gauteng
Founder & CEO
Thabo Mbeki
Capital Sought
R20,000,000
Year 5 GWP
R120,000,000
Year 5 Net Profit
R20,000,000
Target IRR
28–32%
Industry
Motor Vehicle Insurance (Insurtech)
The Opportunity

South Africa’s large pool of uninsured and underinsured vehicles, combined with rising appetite for flexible digital cover, creates a sizeable insurtech opening. SafeRide targets this with a technology-led, usage-based motor insurer projected to reach R120 million in Year-5 gross written premium at a 28–32% IRR.

Plan Contents

This investor-grade business plan is organised into the sections below. Each section is a dedicated page — select any to explore the full detail.

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