Tag: Luko

Allianz Direct, a subsidiary of the German insurance giant Allianz, is reportedly on the brink of acquiring the beleaguered French InsurTech Luko for approximately €5m.

InsurTech Akur8 is collaborating with France-based neo-insurance company Luko to strengthen Luko’s pricing process.

Funding rounds for FinTechs focusing on younger generations have come in hot and fast lately, with Cleo becoming the latest one to top up its coffers by closing its $44m Series B.

Having secured a $4bn valuation on the back of a successful IPO this summer, Lemonade is now expanding its hold over the European market by launching in France, taking on local startup Luko in the process.

French InsurTech startup Luko has closed a €50m Series B funding round led by EQT Ventures to scale its insurance solutions backed by social responsibility efforts.

Home insurance platform Luko has bagged €20m in Series A funding to support its expansion across Europe.