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Luko s acquisition won t make everyone happy, but the insurtech will live on

Allianz Direct, a digital-first German subsidiary of the insurance giant, has acquired the French home insurance business of ailing insurtech Luko for €4.3 million (around $4.65 million).

Allianz: has taken over Luko s activities in France -January 24, 2024 at 12:13 pm EST

Allianz Direct, the Allianz Group s pan-European online insurer, has taken over Luko s French home insurance business and all operating assets, including its brand. All 112 employees of Luko and.

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