News

June 16, 2023

Accel-backed insurtech Luko acquired by Admiral Group

Luko had been scouting for a buyer after filing with the French bankruptcy court last week

Amy O'Brien

2 min read

French insurtech Luko has been acquired by FTSE 100 insurance giant Admiral Group for an undisclosed sum, marking the end of a weeks-long process as the startup searched for a buyer.

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Amy O'Brien

Amy O'Brien is a freelance reporter covering Italian tech. She was previously Sifted's fintech reporter

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