No big bang

Will the ghost of Coverfox’s broken promises catch up to Acko?

General insurance companies have a legacy of lethargy. But at Acko, Varun Dua may be getting ahead of himself, yet again


Click, Click, to insure against a stolen phone, a cab accident or even a runner’s knee injury. Snap, snap to claim it when things do go wrong.

Digital insurer Acko’s chief executive Varun Dua sold this vision to the investors to raise $30 million in May this year. It mustn’t have been hard for him. Fintech has shown promise, insurtech must not lag behind. Because when insurance and tech come together, two things happen. Simplicity for customers, unlike the pile of pages that only an insurance agent…

To access this content, you must purchase Quarterly, or log in if you are a member.

Read the full story now. Subscribe to The Ken

Stories on The Ken are available only for its subscribers. Join us now to get instant access.

Have an account?

Related stories

More stories in /Startups & /Technology

See all in Startups & Technology

This story is exclusively for premium subscribers. Subscribe now to get access.

Read the full story now. Subscribe to The Ken

Why should I pay for reading your stories?

Lots of effort We go to lengths to put in time and resources required to get the most factual, honest stories out there.

Advertising independent Our primary allegiance will always be to our readers. We won't be swayed by our advertisers and investors.

We can't do all of this by giving away our journalism for free and selling our readers by the thousands to advertisers.

Get premium access