Insurtech Laka buys VeloLife assets to expand UK bike insurance

Insurtech Laka buys VeloLife assets to expand UK bike insurance

Laka Acquires VeloLife Assets to Bolster UK Presence

Laka, an insurtech company, has acquired the assets of VeloLife as part of its strategy to expand its UK bike dealer channel. This move is aligned with Laka's broader mergers and acquisitions (M&A) strategy, following a recent £14.1 million Series B funding round.

Original Source: https://beinsure.com/news/insurtech-laka-buys-velolife-assets-to-expand-uk-bike-insurance/

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