Searched for
ACKO INSURANCE LICENCE
Proposed commission caps may drive consolidation in insurance distribution: Acko CEOAcko founder Varun Dua anticipates regulatory changes to insurance distributor commissions will drive consolidation and professionalization...- Acko hires Meta, Junglee Games executives to lead health, auto insurance businessesThe appointment comes at a time when Acko is preparing for an initial public offering(IPO). In April, ET reported that the Bengaluru-based ...
- Acko plans confidential IPO filing to raise $250 million; targets $2.5 billion valuationDigital insurer Acko is gearing up for a confidential IPO, aiming to raise approximately $250 million and seeking a valuation between $2-2....
- Acko posts Rs 424 crore loss even as topline rises 34%Though the company managed to grow its business, its expenses shot up too, dragging the balance sheet into the red. The total expenses for ...
- New-age life insurers tap group business opportunity in their first year of opsThe new-generation insurance companies had adopted a retail-first approach for their general insurance business. Both Go Digit and Acko had...
- New-age life insurance firms tap group products to boost businessAcko, Go Digit and CreditAccess, three new age life insurance players licensed in 2023, have completed their first full financial year in F...
- Acko in talks to close $120 million secondary deal; Catamaran, others may sell stakeNew age insurance company Acko is closing a $100-120 million secondary share sale deal through which a few of its early investors will sell...
- Mygate enters insurance distribution business, partners with AckoMygate app, in partnership with Acko General Insurance, received an aggregator licence from IRDAI to distribute insurance policies, offerin...
- Startups in queue for insurance licence face stricter normsBacking of a large local investor, considerable net worth of promoter and founder are among key requirements laid down by the sector regula...
- With Irdai opening doors, insurtech firms look to transform into general insurersInsurtech firms such as Bengaluru-based Onsurity and Pune-based Loop Health help employers offer group health policies to their employees a...
- PhonePe sells over 9 million insurance policies since Sept 2021The Walmart-backed company had entered the insurance space in 2020 with a corporate agency licence, before acquiring a full-fledged insuran...
- Irdai on a transformational journey to take insurance to massesUnder new chairman Debasish Panda, the regulator is engaging with the industry more than ever and looking to get the sector charged up.
- Acko gears up to disrupt the life insurance spaceAcko has hired Amit Tiwari, an ex-Amazon India executive, to lead its life insurance business. One of the sources told ET that Acko is yet ...
- Regulator Irdai looking at 20 more insurance applications, says Chairman Debasish PandaIndia's insurance regulator, Irdai, has granted a license to general insurer Kshema General Insurance, the first since 2017. This follows t...
- Acko receives IRDAI nod to commence life insurance businessAcko is close to raising a fresh funding round of $150 million led by its existing investors valuing it at $1.5 billion, according to peopl...
- Paytm looks for insurance licence in growth pushPaytm, which has set up two separate entities named Paytm Life Insurance and Paytm General Insurance, will file an application with IRDAI.
- Irda wants capital commitment from pros seeking insurance licenceAny one with more than 10 per cent is given promoter status, as per Irda guidelines.
- Insurance brokerage firm Coverfox raises $15 mn from Transamerica & othersThe latest round of equity financing values Coverfox between $70 million and $100 million, according to one of the sources cited earlier.
- Now, individuals want to start cover CosIRDA has received applications seeking to operate general insurance companies.
- IRDAI clears different licences to new playersIrdai in its board meeting held on March 3 has cleared different level of regulatory clearances to the new companies intending to enter cou...
Load More
