InsureMe Insurance Brokers Ltd completed its equity introduction and listed on the Colombo Stock Exchange Empower Board, raising capital to support expansion of its digital insurance and claims-automation services.
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InsureMe Insurance Brokers Ltd completed its equity introduction and listed on the Colombo Stock Exchange Empower Board, raising capital to support expansion of its digital insurance and claims-automation services.
InsureMe Insurance Brokers Ltd listed on the Colombo Stock Exchange's Empower Board, marking its debut as the sixth company on that board. The digital insurance aggregator said the capital raised will strengthen its capital base to support technology adoption, product diversification and expansion of its digital platforms.
InsureMe Insurance Brokers Ltd. debuted on the Colombo Stock Exchange's Empower Board at Rs. 442 and its shares surged Rs. 2,450 to close at Rs. 2,892.
Colombo Stock Exchange granted in-principle approval for InsureMe Insurance Brokers Ltd to list 2,055,290 ordinary voting shares on the Empower Board via an introduction (reference price Rs. 442). The company reported FY2025 revenue of Rs.301.6m and net profit of Rs.24.4m, with an asset-light balance sheet, equity of Rs.143.3m and no borrowings.