About Us
Laka has challenged outdated insurance to provide customers with a fairer, collective-driven approach to cycle insurance. Laka customers pay no upfront premiums and are instead charged based on the cost of claims submitted by the collective the previous month. Fewer claims result in lower charges. Laka customers work together as a collective and share the cost of claims. Laka handles all claims, divides the cost fairly and limits each customer’s maximum monthly spend with a cap based on the value of the equipment insured by each individual customer. Laka customers fully benefit from lower costs but are also protected if there are a high volume of claims in any given month. On average, Laka’s customers pay 25% less for the cost of insuring their bikes, versus alternative insurance policies. Laka won the ‘Best Cycle Insurance Provider’ at the Insurance Choice Awards in 2018, 2019 and 2020.
Press releases
LAKA AND DOCKR REBEL AGAINST OUTDATED INDUSTRIES
- European Cycle Insurance Disruptor Provides Leading E-Mobility Delivery Company with Tech Driven Rider Cover - Laka and... read more
26.05.2022 • By Laka
LAKA, BACKED BY ITS CUSTOMERS, HAS SET OUT TO FLIP THE INSURANCE...
Laka, a leading insurtech company and 3x winners of Best Cycle Insurance Provider, sets out to disrupt the traditional insurance market for... read more
11.02.2021 • By Laka
