Launch · Financial Services
ACKO launches DriveCam, Clinic and AirPass
By Startup Enthusiast ·
- 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
Other articles talking about it
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