Luko’s acquisition won’t make everyone happy, but the insurtech will live on

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).

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Luko’s acquisition won’t make everyone happy, but the insurtech will live on

2024-01-26 22:04