French satellite imagery home insurer, Luko has appointed Julien Gigoi to the role of Chief Actuary.
Luko describes itself as France’s first neo insurance, and since the AI powered InsurTech launched roughly one year ago, it’s already attracted 10,000 customers in France and, this is despite it only offering protection for apartments until fairly recently.
Gigoi most recently served as Chief Actuary at the French operations of Admiral.
This new role will see him oversee all insurance and data activity while prioritising the refining of pricing and warranties to be the fairest and best available on the market.
Gigoi will develop new services and implement strategies to ensure the Luko customer experience is second-to-none.
Commenting on his appointment, Gigoi said, ”In Europe, home insurance underwriting is 10-20 years behind motor insurance. I’ve been following Luko since their early days and I have been really impressed by the speed and their ability to execute their clear vision.
“Luko have gathered a unique pool of driven and talented individuals from both the tech and insurance industry to completely rewrite what is home insurance is. I am thrilled to bring my experience in data and portfolio building to the brand.”