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Lukango selected for the BusinessCloud InsurTech 50 ranking 2024

Insur Tech 50

Lukango has been selected to feature in the InsurTech 50 innovation ranking for 2024. The InsurTech 50 is a celebration of businesses of all sizes creating original tech to transform the insurance industry.

Readers of online technology publication BusinessCloud and an expert judging panel together decided the 50 most innovative InsurTech companies headquartered in the UK. The judging panel was comprised of:

  • Janine Hirt, CEO, Innovate Finance
  • Paddy Goodlet, corporate finance – head of FinTech M&A, KPMG UK
  • Jake Megeary, VP FinTech, FinTech Strategy
  • Jonathan Symcox, editor, BusinessCloud

Lukango made the cut with our innovative products that offer the underserved small business sector the right-sized insurance, fuelled by data. Fix takes a slow, broken journey and makes it digital and fast while Flex, a first-of-its-kind, is designed to utilise open finance and machine learning for faster, data-driven protection that adapts to fluctuations and growth of individual businesses.

Joanne Safo, CEO of Lukango, said, “We are extremely proud to be part of Business Cloud’s prestigious Insuretch 50. This recognition is testament to the hard work of the team on our mission to support today’s small businesses with innovative products and easy to understand, flexible insurance.”

BusinessCloud called on its readers to vote for companies from the shortlist over seven days. A combination of these votes and choices from an expert judging panel determined the top 50.

“From tech solutions for brokers and MGAs to data intelligence for underwriting, transport telematics and specialised small business insurance, this year’s InsurTech 50 is a real showcase of UK insurance innovation,” said Jonathan Symcox, editor of BusinessCloud. “It’s a privilege to shine a light upon companies of all sizes looking to disrupt this historic industry.”

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