Laka provides people-powered bicycle insurance—pooling members into collectives whose monthly contributions vary with claims (capped). Coverage includes theft, accidental damage, racing, travel, liability, legal assistance and bike rental during claims.

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About

Laka is an insurance provider that offers people-powered bicycle insurance and cycling-related protection. Using a collective model, members' monthly contributions are pooled and adjusted based on the collective's claims up to a capped amount. Policies cover theft (at home and on the go), accidental damage, emergency travel costs, licensed racing, worldwide travel (short-term), event participation (sportives and non-licensed races), bike rental during claim fulfilment, multi-bike discounts, legal assistance for cycling injury claims, and third-party cycling liability. Laka also offers additional products such as health and recovery/accident insurance and provides member perks and discounts on cycling gear.

Sector

Financials

Industry Group

Financial Services

Industry

Financial Services

Subindustry

Diversified Financial Services

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