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Claim settlement and grievance redressal related performance will determine the incentives of top executives of insurance companies: IRDAIn a significant policyholder-centric move, IRDAI has linked insurance executive pay to customer-centric metrics like claim settlement and ...- Indians may be roaming closer to home because of a war far awayIndia Tourism Sector and Iran War: Prime Minister Modi's call to curb foreign travel for a year aims to boost domestic tourism, conserve fo...
- Digital lenders wary of small biz; Mythos’ biggest security riskHappy Tuesday! Digital lending firms are turning cautious on term loan exposure to small businesses. This and more in today’s ETtech Mornin...
- Acko's $250 million IPO; Infosys' market cap plungeNew-age insurer Acko will soon confidentially file draft papers for its stock market debut. This and more in today's ETtech Top 5.
- General Atlantic-backed Indian insurer Acko eyes up to $2.5 billion valuation in IPO, sources sayIndia's Acko Insurance is targeting a valuation of between $2 billion and $2.5 billion in its planned initial public offering and is eyeing...
- Brands line up behind Akshay Kumar-hosted Wheel of Fortune IndiaSony LIV has attracted significant sponsors for its upcoming Indian version of 'Wheel of Fortune'. Maruti Suzuki India is the co-presenting...
- Insurance companies eye Fastag issuance, make case to Union governmentInsurance companies are urging the Union government to integrate into the Fastag platform, looking to introduce their own digital toll paym...
- Insurers seek Centre's nod for issuing FASTag stickersInsurance companies have approached the Union government to join the Fastag system. They want to issue Fastag stickers, citing their role i...
- 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 ...
- Acko's Life cover biz to focus on term plans, pensionsAcko, supported by major private equity firms, plans to invest ₹1,000 crore in its life insurance sector over the next five years. Founder ...
- Insurtech startup Acko aims to achieve profitability by fiscal year 2027Acko is eyeing profitability on the back of its general and health insurance segment turning earnings positive, founder and CEO Varun Dua s...
- Insurtech startups check expenses to secure profitsInsurtech startups such as Acko and Digit have switched gears to health insurance which is a more long-term product despite starting with m...
- 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 ...
- General insurers face tough choice on pushing growth and sustaining marginsIn the fiscal year 2023, the combined ratio - an indicator of profitability, which is calculated by measuring the sum of incurred losses an...
- Acko raises new funds led by General Atlantic, Multiples as valuation jumps to $1.1 billionAcko, which is the newest Indian unicorn, was last valued at around $400 million last year.
- Pandemic drives ACKO's auto insurance business to grow 120% over one yearACKO has posted Rs 81 Cr in Gross Written Premium in the Q1 of FY 22. The new customer growth from non-metro cities grew by 3.5 times in th...
- ETtech Exclusive: Acko in talks to raise $200 million, may become India’s next unicornHeightened interest among risk investors in the overall fintech sector, due to greater digital adoption triggered by the Covid-19 pandemic,...
- ACKO clocks Rs 100 crore from employee group health insurance premium in FY21The company has recorded over Rs 100 crore in premium for its Employee Group Health Insurance in FY21, and within one year of launch, the c...
- Medical cover sales turn lifeline for online insurance firmsStartups introduce health insurance covers for retail and group customers, tilting the overall segment mix towards this category.
- Acko gets final Irda license; to start operations by DecemberWe have received final license within a year of filing the application, said Varun Dua CEO designate Acko General Insurance.
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