Acko General Insurance is a private sector general insurance company in

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

. Founded in November 2016, the company received its license from the

Insurance Regulatory and Development Authority of India The Insurance Regulatory and Development Authority of India (IRDAI) is a regulatory body under the jurisdiction of Ministry of Finance , Government of India and is tasked with regulating and licensing the insurance and re-insurance industrie ...

(IRDAI) in September 2017. Acko follows an online-led model and hence all operations for the company are offered through the digital platform.

History

Acko General Insurance was founded by Varun Dua, who serves as the Chief Executive Officer. As of 2018, Acko has raised ₹274 crore ($42 million) in funding from investors such as

Amazon Amazon most often refers to: * Amazons, a tribe of female warriors in Greek mythology * Amazon rainforest, a rainforest covering most of the Amazon basin * Amazon River, in South America * Amazon (company), an American multinational technolog ...

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, SAIF Partners, Catamaran Ventures. The retail products offered by Acko General Insurance include motor insurance, in-trip domestic insurance and mobile insurance.

Partnerships

* Acko General Insurance partnered with

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and launched an in-trip insurance program in more than 110 cities in

. * Acko General Insurance partnered with Amazon India to provide mobile insurance plans on the retailer's website. *Acko General Insurance partnered with HDB Financial Services and offer HDBFS customers insurance covers at no additional cost with EMI cards. * In July 2020,

Amazon Pay Amazon Pay is an online payments processing service owned by Amazon. Launched in 2007, Amazon Pay uses the consumer base of Amazon.com and focuses on giving users the option to pay with their Amazon accounts on external merchant websites. As of ...

partnered with Acko to provide its customers auto insurance policy.

References

External links

* {{Official website, http://www.acko.com Financial services companies established in 2016 Online companies of India Privately held companies of India Online insurance companies Insurance companies of India