Amazon leads $12m funding round 

I stock 157739063 amazon

Amazon has led a $12m funding round in Acko Technlogies, an India-based digital insurance start up, according to reports from the Economic Times.

Acko has so far raised $42m to date, according to TechCrunch.

The news is the latest in a series of moves by Amazon to crack the insurance sector.

It follows reports of the Seattle-based tech giant hiring people for London insurance jobs and the setting up of a motor MGA with UK insurer partners.

Elsewhere, a Google company is bidding for health insurance work.

 

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.