CEO change at Luko Insurance

Nigel Jankelson, originally COO at digital insurer Coya, which merged with Luko, now becomes CEO. The previous CEO Max Bachem apparently left the company at his own request.

Nigel Jankelson has been CEO of Luko Insurance AG since the first of November. His predecessor Max Bachem apparently left the company at his own request to set up his own company. Jankelson had been COO since 2020 and a board member since 2021 at Coya, a digital insurer that merged with Luko Group earlier this year and is now called Luko Insurance AG.

In his new role, Jankelson aims to grow the company, founded in 2018, into "the most efficient risk carrier in the European market." His responsibilities include finance, sales, operations and HR. In particular, he hopes to achieve the goal by expanding Luko's technology and data platform.

"Our common goal is to continue to grow the insurer, to triple sales again in 2023 and to reach profitability soon," also says Raphaël Vullierme, CEO and founder of Luko Group. "I am sure that Nigel Jankelson will continue the success story." By its own account, Luko is the fastest growing insurtech in Europe.