Template:Infobox company Acko General Insurance is a private sector general insurance company in India.[1] Founded in November 2016, the company received its license from the Insurance Regulatory and Development Authority of India (IRDAI) in September 2017.[2][3] Acko follows an online-led model and hence all operations for the company are offered through the digital platform.[4][5]
History
Acko General Insurance was founded by Varun Dua, who serves as the Chief Executive Officer.[6] As of 2018, Acko has raised ₹274 crore ($42 million) in funding from investors such as Amazon, Accel Partners, SAIF Partners, Catamaran Ventures.[7][8] The retail products offered by Acko General Insurance include motor insurance,[9] in-trip domestic insurance [10][11] and mobile insurance.
Partnerships
- Acko General Insurance partnered with Ola cabs and launched an in-trip insurance program in more than 110 cities in India.[12][13]
- Acko General Insurance partnered with Amazon India to provide mobile insurance plans on the retailer's website.[14]
- Acko General Insurance partnered with HDB Financial Services and offer HDBFS customers insurance covers at no additional cost with EMI cards.[15]
- In July 2020, Amazon Pay partnered with Acko to provide its customers auto insurance policy.[16][17]
References
- ↑ Why investors gave Varun Dua $30 million even before he launched his startup. The Economic Times(6 September 2017).
- ↑ Non-life Insurers. www.irdai.gov.in.
- ↑ Acko gets final Irda license; to start operations by December. The Economic Times(21 September 2017).
- ↑ Online Insurance firms like Acko, Digit aims to disrupt sector with innovative policies - ETtech. ETtech.com.
- ↑ Acko General Insurance named top firm on LinkedIn's Top Startups List 2018. Business Standard India(19 September 2018).
- ↑ Board Of Directors - Acko Insurance. Acko Insurance.
- ↑ Deal Street: Amazon Backs Digital Insurance Startup Acko. BloombergQuint.
- ↑ Acko General Insurance to develop products for Amazon, in talks with e-commerce giant for investment. Moneycontrol.
- ↑ Online insurer Acko General promises 3-day claim guarantee. @businessline.
- ↑ Ola, Acko partner to create in-trip insurance program. Business Standard India(5 April 2018).
- ↑ Ola partners Acko to launch in-trip insurance program - ETtech. ETtech.com.
- ↑ Ola partners with ICICI Lombard, Acko to offer in-trip insurance to riders. www.livemint.com(5 April 2018).
- ↑ Ola cab users can now insure their rides for as low as Re1. www.livemint.com(16 April 2018).
- ↑ Amazon India announces special offers for the Great Indian Festival.
- ↑ Acko partners with HDB Financial Services. The Economic Times(2020-02-26). Retrieved 2020-02-28.
- ↑ Amazon Pay joins hands with Acko to offer auto insurance. Mint(22 July 2020).
- ↑ Cover story: Why Acko General Insurance refuses to follow the herd. Moneycontrol.