News

January 24, 2024

Allianz Direct set to buy Accel-backed Luko for €5m

Allianz Direct’s offer will retain Luko’s 112-strong staff but is a 64% decrease on failed deal with Admiral

After months of legal wrangling, French insurtech Luko has finally found a buyer, Sifted has learned.

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Daphné Leprince-Ringuet

Daphné Leprince-Ringuet is a senior reporter for Sifted, based in Paris. She covers French tech and writes Sifted's AI and Deeptech newsletter . You can find her on X and LinkedIn

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