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About ACKO Car Insurance

Have you been talking about cutting-edge technology and the perks of things turning digitalized? Well, ACKO General Insurance is a brand you must know about. Just over two years in the car insurance industry, ACKO already sounds to be a familiar name with a growing customer base. So, let’s dig a little deep and gather more information about the company.

Acko General Insurance is a private sector general insurance company in India. First established in November 2016, Acko entered the rat-race with the very innovative concept of an online-based model. The company achieved its license from IRDA (Insurance Regulatory and Development Authority of India) in September 2017.

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The company offers a bunch of retail products like car insurance, two-wheeler insurance, mobile insurance, in-trip domestic insurance and insurance. When it comes to car insurance, the insurer offers all three types of policies namely third party car insurance policies, standalone own-damage car insurance policies, as well as comprehensive car insurance policies.

Varun Dua, the “MAN” behind the company’s incredible growth, also the CEO of Acko ensures that all operations related to car insurance are seamlessly executed via an advanced digital platform. In a short span of two years, the company has managed to raise more than $42 million from big shot investors like Catamaran Ventures, Accel Partners, Amazon and SAIF Partners.

Learning about its tie-ups is totally worth it. ACKO General Insurance has partnered with Amazon India to offer mobile insurance plans. However, Acko has left no stones unturned in the field of motor insurance too. Here’s something new you want to hear about – the company makes an alliance with Ola Cabs in more than 110 cities in India, offering in-trip insurance.

The company completely focuses on a digital business model. Insurance policies are offered online and claims are settled in a similar manner.

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