Unreadable. Unfair. Useless. Prehistoric.
Forget everything you knew about insurance
We deeply believe that our technology can help millions of European nests. We believe it can make them safer and resolve the current and inefficient insurance model.
No compromise: our customers are our top priority. We are here when you need it most.
We overcome technological, regulatory and human walls to give you the best service possible.
We put our technology at the service of the earth and the society. Together we can make a positive change.
We give you the best, the way we said we would, in the clearest way.
The idea of Luko initially came from an accident...
2015, Montreal. Benoît is a researcher in machine learning applied to smart grids. He is also quite dizzy. He left his home a morning forgetting to turn off his baking plates. Several hours later, his flatmate discovers their kitchen close to being overcome by a fire. After this episode Benoît is convinced that the technology he is working on should be able to prevent such an incident.
This solution is a sensor which tracks the home's electricity consumption in order to reduce risks and ecologic impact. Benoit joins forces with Raphaël with the strong belief that they could better protect each of our homes. They start their adventure, launch Luko and offer their sensors to individuals and to the largest European insurer.
In less than10 months, 1000 homes finally have access to this sensor ! However, partnering with traditional insurers is not an easy mission. Heavy processes keep their users away and weary. Worse, the common insurance model seems at the end of its rope: the majority of insurers has lost the trust of their customers.
Today, Luko's mission seems obvious: to transform the insurance from an industry perceived by all as a necessary evil to a product that truly protects.
Beyond the protection of individuals, insurance must serve the society. It should be an ally of the planet and of its ecological issues.
We believe that insurance must be simple, transparent and useful.
That's why we build it by ourselves.
We surround ourselves with the best.
We are engineers, data scientists, insurance expert, designers and we are determined to make insurance evolve.
We are backed by the best insurance and tech experts of the market to build the most advanced product.
Luko Cover is a Simplified Joint Stock Company (SAS) with 500,000€ in capital and is registered with the registre du commerce et des sociétés of Paris under the number 837 821 149. Operating under the brand Luko, the company is governed by Le Code des Assurances and is registered with Registre ORIAS under the number 18002431
