Acko appoints Animesh Das as CEO, elevates Sanjeev Srinivasan to board role

Varun Dua will continue as the CEO of Acko Technologies, the parent company of Acko General Insurance.

Srinivasan, the former MD and CEO at Bharti Axa General Insurance, had joined the General Atlantic-backed venture in 2021 as the managing director and CEO of the subsidiary unit.

During his tenure, the company successfully launched its health, life and travel insurance portfolios, with Gross Written Premium (GWP) doubling in the last two years.

Meanwhile, Das, whose appointment is subject to board’s approval, has been a part of Acko’s core members team for the past six years.

“Sanjeev’s wealth of experience contributed to a lot of firsts for Acko and has helped in rapidly building and scaling the company. I’m confident that in his board role, he will continue mentoring the team and help us march toward our collective vision and goal,” said Dua.

Talking further on the appointment, he said, “Animesh has been a catalyst in the overall Acko’s growth story. He has helped in driving the auto insurance business towards the path of profitability, and we are certain that under his leadership, Acko General Insurance will continue to sustain its growth momentum. These leadership changes reflect our commitment of fostering a culture of growth, excellence and longevity within its internal teams.”

Founded in 2016 by Varun Dua, Acko started out in the direct-to-consumer (D2C) auto insurance space. In March 2023, the firm entered the retail health insurance segment, and acquired Parentlane to expand into health business.