SafeRide Insurance Solutions (Pty) Ltd Business Plan › Conclusion & Investment Summary

15.1 Investment Highlights

SafeRide Insurance Solutions (Pty) Ltd represents a compelling investment opportunity in the South African motor insurance market. The key investment highlights are:

• Large and Growing Market: The R70 billion+ South African motor insurance market is growing at 6–8% per annum, with significant underserved segments in digital, fleet, and ride-hailing insurance.

• Experienced Management Team: The founding team brings a combined 48 years of insurance industry experience across underwriting, operations, finance, and regulatory compliance.

• Technology-Driven Competitive Advantage: SafeRide’s mobile-first platform, AI-powered claims processing, and digital distribution model deliver structural cost advantages and superior customer experience.

• Strong B-BBEE Credentials: 75% Black ownership and Level 2 B-BBEE contributor status provide access to government and corporate fleet tenders and preferential procurement opportunities.

• Attractive Financial Returns: Projected net profit of R15.7 million by Year 5, with a target investor IRR of 28–32% over a 5-year horizon.

• Scalable Business Model: Cloud-native technology platform enables geographic expansion and product diversification with limited incremental investment.

• Clear Path to Profitability: Cash-flow breakeven in Year 2 and meaningful profitability from Year 3, reducing investor risk.

15.2 Use of Proceeds

The R20 million capital raise will fund regulatory licensing and capital adequacy (35%), technology platform development (17.5%), marketing and customer acquisition (20%), office infrastructure (7.5%), and working capital for an 18-month operating runway (20%). No further capital raise is required until Year 3–4, when a potential Series B round may be considered to fund accelerated national expansion.

15.3 Exit Options

Investors have multiple exit paths available, including trade sale to a strategic acquirer (large insurance group or international insurer seeking South African market entry), management buyback funded from accumulated profits and/or debt facilities, JSE AltX listing (subject to achieving minimum listing requirements), and secondary sale to a private equity or venture capital fund.

SafeRide Insurance Solutions (Pty) Ltd

Confidential – March 2026

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