Equirus Group Announces Strategic Equity Stake in Raghnall Insurance Broking
Mumbai (Maharashtra) [India], September 26: Equirus Group, a leading diversified financial services firm, has received regulatory approval for a strategic equity stake in Raghnall Insurance Broking, an innovator in insurance and risk management. This partnership is set to redefine the insurance and management landscape in India, targeting a Gross Written Premium (GWP) of INR 1,000 [...]

Mumbai (Maharashtra) [India], September 26: Equirus Group, a leading diversified financial services firm, has received regulatory approval for a strategic equity stake in Raghnall Insurance Broking, an innovator in insurance and risk management. This partnership is set to redefine the insurance and management landscape in India, targeting a Gross Written Premium (GWP) of INR 1,000 crores by FY28, with INR 400 crores projected for this year.
This strategic investment brings together Equirus Group’s extensive experience in investment banking, wealth management, and financial and risk & insurance advisory with Raghnall’s deep-rooted expertise in insurance broking. Together, they will provide clients with a wide range of financial products, including enhanced tools and strategies to manage risks and secure financial growth, enabling businesses and individuals to confidently achieve their financial goals and value creation along with greater efficiency and security.
Amit Goel & Yagnesh Dosshi, Directors of Raghnall Insurance Broking, expressed enthusiasm and stated, “The equity investment from Equirus Group marks a pivotal moment in our journey. This endorses the business built and creates a strategic relationship that would enhance our ability to deliver unparalleled risk management and insurance services, offering our clients a blend of strategic insight and service excellence. Together, we will empower businesses to thrive.”