Lokky is pleased and honored to announce that it has been included in the DIA Top 250!
To celebrate the last 5 years of activity of the Digital Insurance Agenda, the 250 startups considered most impactful and inspiring in the global Insurtech panorama have been brought together in a single publication.
Lokky was selected as the first player in the insurance sector to offer on the Italian market the possibility of quoting, issuing, signing, paying and managing coverage for business customers online. Lokky offers over 6 million Italian entrepreneurs and all micro and small businesses a digital solution for their insurance needs, increasing customer involvement in self-service mode and allowing them to say goodbye to inefficiencies and bureaucratic delays.
To date, this market segment is under-insured because it is not adequately covered by traditional distribution channels: often, in fact, the products offered by the market base the calculation of the premium on very few parameters, failing to truly differentiate the offer and premium based on the specific needs of the customer.
“This recognition represents further confirmation of our growth strategy aimed at positioning ourselves on the market with increasingly personalized and differentiated solutions and products based on the individual characteristics of micro-businesses, professionals and freelancers who have seen work methods and insurance needs evolve exponentially in recent years.
And this is possible by identifying emerging trends and anticipating what will become market standards, to put new technologies and data analysis at the service of the customer and offering totally digital solutions» he declared Paolo Tanfoglio, CEO and Co-Founder of the company.
Thanks to innovative technologies in the field of Smart Analytics and Data Enrichment, with the proprietary algorithm – developed by the company’s internal data scientists and already tested on more than 60,000 real customers – the platform identifies the tailor-made policy, through total customization of the available products, offering a service that would be difficult to receive in the traditional market due to the time and profitability constraints typical of a product provided in person. The experience offered to micro-businesses, professionals and freelancers is totally digital and allows you to sign up for a policy in less than 10 minutes.
Furthermore, this achievement for Lokky comes after numerous other awards: in 2020 the company won the award in the «Non-Life Product Innovation» category for «the suitability of the digital solution of the multi-risk non-life product for bancassurance” at the sixth edition of the Future Bancassurance Awards and the recognition as Best Digital Product for the Corporate market at the first edition of the Italian Insurtech Summit. Recognitions for its highly innovative character also came from European institutions, in fact it was included in the prestigious DIA TOP 100 Insurtech of 2019 and selected at Finovate 2020. Lokky was also named among the 100 insurtech leaders of 2021 by Forbes and was awarded by Insurtech Insights and Sønr as Future50, one of the 50 early stage insurtech startups destined to shape and innovate the insurance landscape in Europe.
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