E-Bike Insurer Laka Secures $8 Million And Scoops Up Rival

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"Over time we learned that theres additional appetite on the B2B2C side, working with big partners like Decathlon, one of the worlds leading sports retailers, and we have been live with them for about two years now in various countries," he said. You have lots of individual local brokers that service one individual country, but nobody has solved the pain point for these bigger partners who sell bikes across territories, across borders with lots of challenges and regulatory perspectives and the like," he said.This is one of the driving forces behind the acquisition of French start-up Cylantro, a another insurtech player offering a similar model to cyclists. Our mission is to service a lot of customers across the European continent and at the point of claim where our model is strongest and we can we provide the full benefit to our consumers," Tauptiz said. Read more Pensacolas Sedriques Dumas secures second straight UFC winPENSACOLA, Fla. That makes it two in a row for Pensacolas Sedriques Dumas after his win against Abu Azaitar in UFC 294 on Saturday.By unanimous decision, all Read more Bitcoin ETF Battle: Grayscale Secures Court Order Against SECGrayscale Investments has secured a pivotal court order from a federal appeals court Read more Justice Departments initiative secures $107 million in relief for redlining victimsThe New Black View Read more Montgomery Bicycle Club to host blood drive in memory of fellow cyclistPeter Dudle died after he was injured while riding his bike in Prattville in September. Read more NYC Council considers e-bike safety billsThe New York City Council is considering a pair of e-bike safety bills, but are receiving significant pushback from food delivery apps and their workers.

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