Cosmos Insurance

What Cosmos Insurance does

Cosmos Insurance Brokers LLC is a UAE-domiciled insurance brokerage firm, family-owned and operated by the Babur family, with operating roots in UAE insurance since 1975 and the company formally founded in 1990. The firm operates from a head office in Dubai Silicon Oasis and a branch in Sharjah, serving individual consumers and corporate clients across the UAE market. Its product portfolio spans seven personal insurance lines (motor, home, travel, medical, life, yacht/pleasure craft, and personal accident) and nine commercial lines (property, liability including cyber, professional indemnity, accident & casualty, engineering, group medical/life, marine, motor fleet, and miscellaneous specialties including kidnap & ransom and event insurance).

The company's core technology footprint is limited: there is no proprietary underwriting platform, no mobile app, no disclosed APIs or SDKs, and no AI/ML capabilities described. Distribution is delivered through a website with quote-request forms, live chat, telephone contact, two physical branches, and the BestInsurance.ae online aggregator brand for self-service digital purchase. The firm places business with a roster of 13+ named insurance partners spanning regional carriers (Sukoon, Qatar Insurance, Emirates Insurance, GIG Gulf, Union Insurance) and international players (Tokio Marine, AIG, New India Assurance, Oriental Insurance, Adamjee, Fidelity United, Liva, Watania), leveraging multi-carrier access rather than proprietary risk underwriting.

Cosmos earns revenue through brokerage commissions — a percentage of insurance premiums placed with partner insurers and retained across the policy period. Pricing is predominantly quote-based on individual risk assessment, with retail home insurance positioned from AED 1 per day as a customer-facing price anchor. The business model is asset-light (no underwriting risk on its own balance sheet), relies on the Babur and Punjabi families for senior management and key client relationships, and operates without external investors, no disclosed funding rounds, and no M&A history. The customer base is described in aggregate with no named enterprise logos or revenue concentration disclosures.

Name

Cosmos Insurance

Legal name

Cosmos Insurance Brokers LLC

Website

https://cosmosinsurance.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

101–250 employees

Short description

Cosmos Insurance Brokers LLC is a UAE family-owned insurance brokerage, founded 1990, placing personal and commercial insurance with 13+ carriers through offices in Dubai and Sharjah and the BestInsurance.ae digital aggregator.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (52421), Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro industry

PRIMARYFSAEADAJ

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

Keywords

• Insurance brokerage services
• Personal insurance products
• Commercial insurance coverage
• Motor and home insurance
• Marine and engineering insurance

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Insurance Brokerage Commission: Cosmos Insurance operates as an insurance broker, earning commission (brokerage) which is a percentage of the insurance premium paid by clients and allowed by the insurer. Their remuneration is brokerage earned for the policy period, with the right to retain commission on any premium subsequently returned.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

Cosmos Insurance Brokers LLC is an insurance brokerage firm in the UAE that places personal and commercial insurance coverage on behalf of clients with a network of regional and international insurers, earning brokerage commission on premiums. It offers a multi-line portfolio spanning motor, home, travel, medical, life, pleasure craft and personal accident insurance for individuals, and property, liability, professional indemnity, accident & casualty, engineering, group medical/life, marine, motor fleet and miscellaneous insurance for businesses. The firm distributes through its website, an online aggregator (BestInsurance.ae), and physical branches in Dubai and Sharjah, providing advisory, claims handling, and post-purchase services.

Product overview

Cosmos Insurance Brokers is an insurance brokerage firm operating as a multi-product insurance provider in the UAE for over 3 decades. The company offers a comprehensive portfolio of personal insurance products (Motor, Home, Travel, Medical, Life, Yacht, and Personal Accident) and commercial insurance products (Property, Liability, Professional Indemnity, Accident & Casualty, Engineering, Group Medical/Life, Marine, Motor Fleet, and Miscellaneous). The company also operates a digital platform called BestInsurance.ae for online insurance purchasing. As a broker, Cosmos facilitates insurance placement with multiple insurance partners including regional and international insurers, providing advisory, claims handling, and policy management services.

Differentiator

Problem solved

Functional benefit

Products and services

• Motor Insurance

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered core.

• LivacoreOthersInsurance partner company. Cosmos Insurance has established relationships with this insurer for over 30 years, enabling faster processes and better pricing for clients.
• Union Insurance (UNB)coreOthersInsurance partner company. Cosmos Insurance works with Union Insurance to provide coverage options to clients with established relationship spanning decades.
• Tokio MarinecoreOthersInternational insurance partner providing marine and commercial insurance solutions. Long-standing relationship enabling competitive pricing and comprehensive coverage options.
• Oriental InsurancecoreOthersInsurance partner company with established presence in UAE market. Relationship enables efficient processing and favorable terms for clients.
• AIG (American International Group)coreOthersMajor international insurer partner providing comprehensive insurance solutions. Partnership leverages AIG's global expertise for UAE clients.
• GIG Gulf (Gulf Insurance Group)coreOthersRegional insurance partner offering diverse coverage options across GCC markets. Long-term relationship enables tailored solutions for clients.
• New India AssurancecoreOthersInsurance partner providing comprehensive coverage options. Established working relationship enables efficient policy placement and claims handling.
• Fidelity United InsurancecoreOthersInsurance partner company. Long-standing relationship facilitates competitive pricing and reliable coverage for clients.
• Adamjee InsurancecoreOthersMajor UAE-based insurance provider. Partnership enables access to comprehensive coverage options with efficient local claims processing.
• Sukoon InsurancecoreOthersInsurance partner offering specialized coverage solutions. Relationship enables access to diverse insurance products for clients.
• Qatar InsurancecoreOthersRegional insurance provider with strong presence in Gulf markets. Partnership extends coverage options and competitive terms for clients.
• Watania (National Insurance Company)coreOthersUAE-based insurance partner providing national coverage options. Long-standing relationship enables reliable service and competitive pricing.
• Emirates InsurancecoreOthersLocal UAE insurance provider partner. Established relationship enables efficient processing and comprehensive coverage options for clients.

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Market position

Strengths4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cosmos-insurance-brokers-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cosmos Insurance