Mygate, a living experience tech company, obtained an aggregator license from IRDAI to offer insurance policies to users after partnering with ACKO, a tech-first insurer.
Through this partnership, both companies aim to offer tailored digital protection solutions for 4 million Mygate households by seamlessly integrating ACKO’s insurance services. Mygate seeks to simplify insurance access for users by providing easy policy access, timely renewal reminders, and instant paperless claims, starting with exclusive car insurance offers.
Mygate has also introduced the unique ‘auto insurance reminder’ feature, powered by cutting-edge technology. The feature will enhance the overall customer experience on the app and enable users to benefit from the vast variety of protection offerings.
To enhance the partnership, the companies will expand product offerings to include health and life insurance along with solutions like Outpatient Department (OPD) covers and RWA liability insurance, providing comprehensive insurance solutions through ACKO to the Mygate ecosystem.
Abhishek Kumar, Co-founder & CEO, Mygate, said, “Our commitment to improving living experience via technology is strengthened by the ability to offer tailor-made insurance for the gated community residents. We are already seeing a very positive reception to the launch and availability of car insurance via the Mygate app, and are excited to uncover what the future holds, as we continue to bolster this partnership and innovate with ACKO.”
Animesh Das, CEO, ACKO General Insurance said, “At ACKO, it’s our constant endeavor to create for the customer. Together with Mygate, we are working at redefining protection beyond auto insurance, and trying to solve for every aspect of the customers’ lives with our holistic approach. This partnership will help us leverage the potential of our tailor-made solutions and establish us as an integral part of the everyday lives of many million households.”
