Luko insurance launches Luko Water, a box capable of preventing water damage

Solutions for anticipating and preventing water damage are numerous on the market, but they all have potential flaws. Thus, some methods are inexpensive, but also not very effective in terms of results. Others are more limited: if they are able to determine flooding on the ground, for example, they are less effective when it comes to hidden leaks at the level of walled pipes for example. Finally, there are complete solutions that provide a higher level of diagnosis, but these are obviously much more expensive and require the intervention of a professional plumber.

Luko Water therefore provides a welcome alternative: reliable and efficient technology to prevent maximum water damage, all at a controlled cost.

If today the solution Luko Water is evaluated by more than 200 beta testers, home insurance ensures that the latest prototype is close to the final goal, with two more major challenges: machine learning, to potentially improve leak detection, and finally the simplification of the installation of the device to make it accessible to as many people as possible.

After raising 20 million euros in November 2019, and 50 million euros in December 2020, the idea is to launch Luko Water on a large scale in 2023, in particular by making it possible to equip all Luko policyholders in the years to come (i.e. around 300,000 people in France).

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