<div>
  <p>
  </p>
  <ul>
    <li>
      <p>
        Allianz Direct, the digital insurance subsidiary of Allianz, is poised to acquire Luko, a digital property insurer, for EUR 4.3 million (~USD 4.7 million).
      </p>
    </li>
    <li>
      <p>
        This comes after Admiral's unsuccessful attempt to acquire Luko 
        <a href="https://sp-edge.com/updates/19475">
          in June 2023
        </a>
         for EUR 11 million (~USD 12 million), with an additional EUR 3 million (~USD 3.3 million) in June 2023.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.coverager.com/allianz-direct-to-buy-luko/">
      Coverager
    </a>
  </p>
  <p>
  </p>
</div>


Neo Insurance

INCUMBENTS_PRESENT

<div>
 
 <p>Allianz Direct, the digital insurance subsidiary of Allianz, plans on acquiring the digital property insurer Luko, for a proposed amount of EUR 4.3 million, which is approximately USD 4.7 million.</p>
 <p>This follows the unsuccessful bid made by Admiral to acquire Luko <a href="https://sp-edge.com/updates/19475"> in June 2023 </a>. The attempted transaction by Admiral was valued at EUR 11 million (equivalent to ~USD 12 million), along with an added EUR 3 million (~USD 3.3 million) in June 2023.</p>
 
</div>

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