News

November 24, 2023

Luko placed in receivership as investors grow wary of insurtech

Incumbent insurer Admiral pulled out of a €14m deal to acquire Luko after fresh audits of its business

Amy O'Brien

4 min read

French insurtech Luko has been placed in receivership, after its €14m deal with incumbent insurer Admiral fell through at the end of October. 

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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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