Archive · 17 Jan 2026
EDME Insurance Plans Global Expansion
EDME Insurance Brokers, a company that helps businesses with insurance, wants to grow bigger.
They recently bought another company, UIB Insurance Brokers, which made their business grow to ₹850 crore.
Now, they want to double their business to ₹1,600 crore in the next five years.
To do this, they plan to open offices in Dubai and Singapore soon, and maybe London later.
They will focus on industries like IT, construction, and entertainment.
They also want to use more technology to help them grow without hiring too many more people.
By combining with UIB, they can offer better insurance solutions to their clients.
EDME Insurance Brokers aims to double its business to ₹1,600 crore in 5 years.
The company plans to expand to Dubai and Singapore within a year, with London following later.
Recent acquisition of UIB Insurance Brokers increased their business to ₹850 crore.
EDME focuses on industries like IT, BFSI, construction, infrastructure, power, sports, media, and entertainment.
The company expects to maintain a headcount of fewer than 1,000 people in the next 3-4 years.
- Who
- EDME Insurance Brokers, formerly Aditya Birla Insurance Brokers Ltd
- What
- Plans to expand overseas and double business to ₹1,600 crore in 5 years
- When
- Next 5 years, with initial offices in Singapore and Dubai within a year
- Where
- Dubai, Singapore, and potentially London
- Why
- To grow business, leverage technology, and expand industry focus
- Company
- EDME Insurance Brokers
- Current Business
- ₹850 crore
- Target Business
- ₹1,600 crore
- Target Timeframe
- 5 years
- Expansion Locations
- Dubai, Singapore, London
- Industries Focused
- IT, BFSI, construction, infrastructure, power, sports, media, entertainment
- Expected Headcount
- Sub 1,000 in 3-4 years
- Recent Acquisition
- UIB Insurance Brokers (India) Pvt Ltd