We see great scope for Insurance Broking software offered as SaaS model. There are hundreds of Insurance Brokers who can not afford to have a full scale IT setup but long for software that will ease their work.
We already have a software that is developed using Oracle Application Server 10g with Oracle 10g as the database engine.
We need capital that will fund
1) the hardware costs for setting up SaaS model
2) running costs until the firm achieves breakeven
3) rework the existing software to work as saas model
4) build the require security and delivary model
I need a business plan that I can present to venture capitalists. I estimate I will need U$500,000.-