Ramasis Limited
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Ramasis Limited - overview
Established
2003
Location
Waltham Cross, -, UK
Primary Industry
Insurance
About
Ramasis Limited is a specialist schemes insurance broker focused on designing and developing tailored insurance products for diverse industries, ensuring comprehensive coverage and enhanced consumer engagement through strategic partnerships. Founded in 2003, Ramasis Limited operates independently as a specialist insurance broker, crafting unique insurance solutions tailored to various industries. The company's headquarters is located in the United Kingdom. The founder's previous experience includes establishing other ventures, though specific details are not provided.
Ramasis Limited has undergone strategic pivots to enhance its product offerings and market reach over the years. Ramasis Limited operates as an independent specialist schemes insurance broker, focusing on designing and developing tailored insurance products in collaboration with their insurer partners. Their core product offerings include unique insurance schemes that address specific needs within various industries, targeting businesses and individual consumers in sectors such as healthcare, transportation, and property management. The company actively serves clients across multiple geographical markets, with a notable focus on the United Kingdom and select international regions.
Ramasis Limited generates revenue through its structured business model, primarily consisting of B2B and direct-to-consumer transactions. Revenue channels involve partnerships with insurers and the marketing of unique insurance products directly to clients. Customers engage in transactions that typically entail the purchase of insurance coverage through subscription plans or one-time premiums. The company’s offerings are designed to meet diverse insurance needs, fostering long-term relationships and providing ongoing support to clients.
Ramasis Limited aims to expand its product line by launching new tailored insurance schemes targeted for specific sectors by the end of the upcoming fiscal year. The company is planning to enter additional international markets, focusing on Europe and Asia by 2025. Recent funding will be utilized to support these initiatives, enhancing product development and market penetration efforts.
Primary Industry
Insurance
Sub Industries
Insurance Intermediaries, Insurance
Website
www.ramasis.co.uk
Total Amount Raised
Subscriber access only
Ramasis Limited - financials
| Fiscal Year Ended | Oct 31, 2018 | Oct 31, 2019 | Oct 31, 2020 | Oct 31, 2021 | Oct 31, 2022 |
|---|---|---|---|---|---|
| Revenue (USD) | 995,202 | 759,786 | - | - | - |
| % Revenue Growth (YoY) | - | (23.7%) | - | - | - |
| EBITDA (USD) | 385,501 | 248,652 | - | - | - |
| Operating Income (USD) | 383,436 | 247,242 | - | - | - |
| Operating Margin | 38.5% | 32.5% | - | - | - |
| % EBITDA Margin | 38.7% | 32.7% | - | - | - |
| NET Income (USD) | 319,176 | 204,521 | - | - | - |
| % Net Margin | 32.1% | 26.9% | - | - | - |

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