Lokky
Algorithmic insurance broker for bars, restaurants and shops
Lokky is an Italian digital insurance broker for micro-enterprises and the self-employed. A proprietary algorithm covering more than 200 business types produces a personalised quote in about a minute from a few questions, and a policy can be issued online in under ten minutes, with optional add-on guarantees. Products for restaurants, bars, pizzerias and shops include property and liability, cyber, accident and the now mandatory catastrophe cover, underwritten by Hiscox, Vittoria, Tokio Marine and AmTrust.
Our reading. Best for Italian independent restaurants and shops that want to buy liability, property and the mandatory catastrophe cover online without an agent.
Strengths
- Fully online quote and issuance for hospitality and retail activities
- Data-driven pricing across many small-business categories
- Backed by established insurers
Limits
- Italy only
- Broker model; no integration with merchant software
Founded 2019, €1.6M raised in total, a digital broker focused on Italian micro-enterprises
Lokky Srl, Piazzale Cadorna 6, Milan; founders Paolo Tanfoglio and Sauro Mostarda; listed on Facile.it; presented as Italy's first digital broker for SMEs
- https://www.lokky.it/
- https://www.lokky.it/attivita/negozi/
- https://www.economyup.it/startup/un-milione-di-euro-per-lokky-il-broker-digitale-per-micro-imprese-e-partite-iva/