PR Team | October 15, 2020
Acko General Insurance Ltd.:
Acko General Insurance Ltd. is India’s first and fastest growing InsurTech company which makes buying and using insurance effortless. It was founded in 2016 by Mr. Varun Dua—a serial fintech entrepreneur who set simplicity, affordability and innovation as its cornerstones. In a short span since its inception, Acko has partnered with major tech companies like Amazon and Ola, and is renowned for its innovative insurance products.
The company is backed by Amazon, Accel, Catamaran Ventures, SAIF Partners, Swiss Re Transamerica Ventures and seasoned investors like Ashish Dhawan, Kris Gopalakrishnan, Hemendra Kothari, Atul Nishar, Rajeev Gupta, Venk Krishnan and Subba Rao. Its latest round of funding has also added Binny Bansal, RPS ventures and Intact ventures to its list of investors.
- Brand Manual: Acko Brand Manual PDF
Varun Dua is the founder and CEO of Acko General Insurance.
Before launching Acko, Varun co-founded insurance broking firm Coverfox, and worked in the finance industry for over a decade. He has been instrumental in introducing innovative technology practices to the insurance industry, and has assisted the giants of the Insurance and Financial world in understanding online products and adopting smarter technology.
The first five years of his career were spent working in the financial services—ROI-driven marketing and next five years were invested in creating businesses that deployed technology in insurance operations.
Varun is passionate about online product management, start-ups, financial services, insurance, technology, consumer internet, financial services, and believes that India is yet to see a great digital financial services brand.
Ruchi is the Managing Director of Acko.
A legal and compliance wiz, she has been pivotal in Acko’s growth in the Insurance sector. Before starting her entrepreneurial journey with Acko, Ruchi amassed 11 years of experience working in India and London for organisations like Franklin Templeton Investments, Matrix Partners and Coverfox.
She has also worked as an advisor to multiple start-ups, and advised on some of the most sophisticated financing, exits, IPO and strategic matters across sectors ranging from healthcare, retail, e-commerce, manufacturing, tech and mobile.
Ruchi grew up in Jamshedpur and completed her Bachelor’s from Lady Shri Ram College (LSR), followed by a course from the Faculty of Law.