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Varun Dua is a prominent Indian entrepreneur and a key figure in the country's insurtech revolution. As the Founder and CEO of Acko General Insurance, he is dedicated to transforming the traditional insurance industry with a technology-first, customer-centric approach. Before founding Acko, he co-founded Coverfox.com, one of India's leading online insurance aggregators. With a deep understanding of the insurance sector gained from his early career at firms like Franklin Templeton Investments and Tata AIG, Varun identified a critical need for simplification and transparency. His vision is to leverage data and digital platforms to create insurance products that are simple to understand, easy to purchase, and offer a seamless claims experience for the modern consumer.
Varun Dua's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Founded Acko in 2016, pioneering a direct-to-consumer, technology-first model in India's traditional insurance industry. Under his leadership, Acko achieved unicorn status in 2021, valued at over $1.1 billion, by making insurance transparent, affordable, and accessible through a digital platform.
Co-founded Coverfox.com in 2013, an online insurance brokerage platform that simplified the process of comparing and buying insurance policies for Indian consumers, laying the groundwork for his future ventures in the insurtech space.
Recognized in Fortune India's prestigious '40 Under 40' list for his significant contributions to disrupting the insurance industry and his entrepreneurial success with Acko.
Featured in The Economic Times' '40 under 40' list, celebrating him as one of India's brightest young business leaders for his innovative work in the financial services and insurtech sectors.
MICA | The School of Ideas
University of Mumbai
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Acko is a digital-first, direct-to-consumer insurance company based in India. By leveraging technology and a data-driven approach, Acko offers a streamlined and transparent insurance experience, eliminating the need for traditional agents. This model allows for more affordable premiums and a hassle-free process for purchasing policies and filing claims. The company primarily focuses on auto (car and bike) and health insurance, aiming to make insurance simple, accessible, and convenient for the modern consumer.
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