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Tag: Varun Dua

  • ACKO launches ‘ACKtually Speaking’ featuring R Madhavan

    ACKO launches ‘ACKtually Speaking’ featuring R Madhavan

    Mumbai: ACKO, an insurtech company, has launched a podcast series, ‘ACKtually Speaking with Maddy’, hosted by their brand ambassador, R Madhavan. The podcast series aims to address challenges and questions that individuals face in their financial lives that often remain unanswered. The series will have honest and upfront conversations with prominent guests and experts across industries who will navigate socially relevant topics that may also have a financial impact, such as untimely illness or death, stress, parenting, etc with R Madhavan. The podcast series is designed to be thought-provoking, while offering actionable insights, making it a reliable and authentic knowledge base.  

    Through this innovative platform, ACKO is committed to driving positive change for all. The podcast series aims to cover topics that are most relevant and not covered or comprehensively addressed across many other sources and also offer actionable insights to the listeners that can be easily understood and implemented. This is aligned to the company’s overall strategy of making financial decisions convenient, transparent, and accessible to all Indians.

    The first episode of the series tackles the disconnect between the way life insurance is sold and what the product is meant for. Host R Madhavan dives deep with Varun Dua, challenging the perception of insurance as a tax-saving scheme that can provide returns. Instead, it positions insurance as a crucial tool for securing one’s future. The episode goes beyond product features and addresses the social stigma around death and the troubles that families go through when a loved one passes away without a will. It offers a comprehensive and empathetic exploration of life insurance.

    Varun Dua, sharing his thoughts on the podcast series, said, “Acktually Speaking tackles the complexities and grey areas that all of us face in our financial lives. Our goal is to break the taboo or social stigma around these conversations and help listeners understand the impact that their financial choices can have on their lives.” R Madhavan echoed the same sentiments and said, “A lot of us refrain from asking questions because we feel we might be judged or we might offend those close to us, so we hesitate. We also end up feeling lost or unsure in terms of whom to ask or trust with such advice. But what if we could unpack these questions together, in a way that’s authentic and honest? That’s the spirit behind Acktually Speaking. We’re starting with life insurance, a topic that sparks confusion for many but this is just the first chapter. Acktually Speaking aims to be your guide, fostering conversations around the questions we’ve all grappled with but never quite dared to ask.”

    The first episode also addresses various other critical themes of life insurance, shedding light on significant disparities between Western and Indian perspectives on death planning, common mistakes Indians make while purchasing insurance, the importance of refraining from seeking investment returns on insurance, and practical advice on estimating life insurance needs. Additionally, the episode highlights the potential financial vulnerabilities faced by Indians in their 30s due to inadequate planning.

    Each episode promises to offer valuable insights and actionable advice, delivered in an engaging and accessible format. The series will be available for viewing on ACKO’s YouTube channel.

  • Wavemaker India wins media duties for Acko General Insurance

    Wavemaker India wins media duties for Acko General Insurance

    MUMBAI: Wavemaker India has won the duties to manage both online and offline media for Acko General Insurance  – touted as one of the most promising fin-tech start-ups in the country.

    Wavemaker vice president Kishan Kumar MS said, “Brands like Acko are disrupting categories in which they operate in. In a fast-growing insurance category, they’re the first online-only general insurer in the country. At Wavemaker, we strongly believe that by helping such disruptor brands win, we get better at what we do. I am looking forward to applying our media, content and technology expertise on Acko and more importantly keen to create some new codes of brand building in the process.”

    Acko CEO Varun Dua commented, “We are excited to partner with Wavemaker. They bring in years of experience and expertise in building brands. Team Wavemaker impressed us with their approach and on the ground diverse team support. Our focus will be to learn from best practices while driving innovation through multiple experiments across different media avenues and formats of communications.”

    Acko head of business Jagjeet Harode said, “We are delighted to partner with Wavemaker in the journey to create brand Acko. They bring in the required balance of buying expertise and adaptability to support us. Looking forward to some industry-first innovations to reach consumers in a more personalised manner.”

  • Acko’s new ad explains the true meaning of #PaisaVasoolInsurance

    Acko’s new ad explains the true meaning of #PaisaVasoolInsurance

    MUMBAI: Acko, India’s first online-led independent general insurance company, has launched its latest campaign – #PaisaVasoolInsurance.

    The campaign conceptualised and executed by BBH is aimed to break through a category cluttered with melodramatic communication, with a fresh voice full of wit and humour.

    Founded by Varun Dua, Acko is a third-generation insurance company aimed at making insurance effortless. With is its digital-first interface, Acko is ushering in a new age of Insurance in India. Acko had raised a record seed round of $30 million from some of the marquee investors. More recently, in May 2018, the company raised $12 million in a new round of funding led by e-commerce giant Amazon.

    #PaisaVasoolInsurance

    The campaign draws from the insight that while purchasing insurance, people look for a product that provides value for every buck they spend. Acko’s consumer-centric offering at value for money prices along with a completely digital interface and hassle-free claims fills this market gap. The film’s hilarious storyline highlights this.

    Acko general insurance founder and CEO Varun Dua says, “Consumers today choose auto insurance mainly based on pricing followed by quality of service. We are able to offer disruptive prices to the consumers due to the possibility of distribution & underwriting efficiencies in the lean digital model. We also offer 3 days claim guarantee along with doorstep pick and drop facility.”

    Acko business head Jagjeet Harode adds, “We have taken a quirky route to stand out amongst other Ads and establish the “paisa vasool” proposition of Acko. This is the first time in India, an insurance company has taken value for money positioning and the idea of the campaign is to encourage consumers to check out car and bike insurance prices on the Acko website before making the decision.”

    BBH chief creative officer and managing partner Russell Barrett mentions, “Acko is a disruptive product in a fairly standardized category. While the “paisa vasool” message is not new in the world of advertising, we needed the work to be as disruptive as possible without losing simplicity or compromising the codes of the category. We have had great fun working on this brand and when that happens, it shows in the work too.”