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Launch · Financial Services

ACKO launches DriveCam, Clinic and AirPass

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ACKO logo
Date
Company
ACKO
What it does
Direct-to-consumer insurer
Kind
Launch
Based in
Bengaluru
Founded
2016
Sector
Financial Services

What they do

ACKO is a direct-to-consumer insurer that sells without agents, with ₹2,837 crore operating revenue in FY25 and a 99.4% motor claim settlement ratio

What happened

It introduced three products meant to step in before a loss: a bundled dashcam, a members-only clinic and a flight-delay plan

Why it matters

AirPass pays ₹1,500 for delays beyond 90 minutes, and the single clinic in Bengaluru's Koramangala is opening soon

The details

  • DriveCam is a dashcam bundled with select car policies.
  • Footage stays on the customer's device unless they allow access.
  • ACKO Clinic is a members-only preventive health centre in Koramangala, Bengaluru.
  • AirPass is a yearly plan for domestic flyers with automatic payouts.
  • It pays ₹1,500 for delays beyond 90 minutes and up to ₹3,000 in rebooking discounts.

The bigger picture

  • The products try to prevent losses instead of only paying claims afterwards.
  • Payouts need no claim form, which cuts friction for customers.
  • They widen the insurer's offering across motor, health and travel.

About the business

  • ACKO sells car, bike, health, life and travel insurance straight to customers, mostly through its app and website.
  • Buyers are individual consumers in India, plus businesses that want cover without going through an agent.
  • It earns money from premiums (the price customers pay for a policy), and it cuts out agent commission to keep prices lower.
  • Two group companies, ACKO General Insurance and ACKO Life Insurance, sit under one holding company.
  • Its apps are rated 4.6 on Play Store and 4.8 on App Store, and travel cover reaches 150+ countries.
  • The company is based in Bengaluru, and its main market is India.

What happens next

  • ACKO Clinic opens soon, with no expansion plan announced yet.

Founders

  • Varun Dua, Founder and CEO

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