The Indonesian insurtech said that the lays offs were made following a post-funding assessment, citing the need to improve internal synergies for better future sustainability.
Acko plans to offer a simple and easy-to-understand term insurance product, which guarantees a sum assured in the event of an untimely death, without any return guarantees.
The Singlife Connect Plus programme seeks to provide legal and compliance assistance, mentorship, and access to their products and services to eight startups.
