Lokky

There is a paradox in the insurance industry today that is not only Italian: if you are an individual you can quickly find a digital and competitive offering. If, on the other hand, you are a small business owner or a professional, then the situation changes: little choice, a lot of bureaucracy and zero clarity.

Solving this problem is Lokky, the Italian Insurtech operating since 2020 with a mission to offer a 100% digital and customized insurance product to Small Businesses, Professionals and Freelancers.

How? Thanks to theLokky Algorithm. Developed in-house by the Data Scientists team, it leverages innovative data management and utilization technologies to offer customers only the most suitable coverage for their needs, eliminating unnecessary costs.

Lokky's proprietary platform makes the entire insurance experience simple and 100 percent digital-from quoting to payment and policy issuance in a few easy steps. And if the customer wishes, the team of insurance experts is always ready to support them thanks to the flexibility of the native multichannel platform.

Important results have already been achieved:

• 1. 500 Customers for € 600,000 worth of policies in the last 12 months
• 210 policies for € 100,000 in premiums in June 2022 alone
• € 436 average policy underwritten, with a conversion rate of about 8 percent
• 16 active Partners, which include marketplaces, fintechs, and utilities that are leaders in their field

Lokky has been awarded several times, both at the Italian and European level. It won the Best Insurtech 2022 Award at the Italy Insurance Awards, for its innovative model in insurance. It has also been included by Insurtech Insights and Sønr in the Future50, the 50 emerging startups set to shape and innovate the European insurance landscape.

Why invest in Lokky?

With the equity crowdfuding campaign, Lokky will consolidate its growth path to reach itsgoal of 150,000 customers and €16M in revenue by 2026. By constantly expanding its offer of 100% digital, flexible and highly customizable insurance products.

On the Lokky campaign is available the optional Rubrication free for the Investor as the costs are borne by Lokky.

A30% tax break applies on Lokky.

Lokky is among the investments of the AZIMUT ELTIF - Venture Capital ALIcrowd II fund, established by the Azimut Group and managed by Azimut Libera Impresa SGR SpA.