Unreadable. Unfair. Useless. Prehistoric.
Forget everything you knew about insurance.
We deeply believe that technologies we are developing can help millions of European nests. We believe that they can make them safer and resolve the inefficient current insurance model
The idea of Luko initially came from an accident...
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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.
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This solution is a sensor which tracks the home's electricity consumption in order to reduce risks and our 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 the largest European insurer.
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In under 10 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: Transform the insurance from an industry perceived by all as a necessary evil to a product that protects properly. Be ambitious! Beyond the protection of individuals, insurance must be useful to society. Also, it has to 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 a united and passionate team that listens you.
To reinvent insurance, we are backed by the best experts on the market and the most experienced entrepreneurs. Above all, we're completely independent from insurance companies.
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
