Bicycle broker Laka to expand its product range

CEO and co-founder, Tobias Taupitz, discusses the start-up's expansion plans, its "coup" to have Amanda Blanc join its board, and why he believes Laka's pooled payment calculation model should be used across the industry.

Start-up bicycle broker Laka is set to expand its product range, according to co-founder and chief executive officer, Tobias Taupitz.

Taupitz told Insurance Age that the business is currently developing a recovery, health and well-being product for cyclists, but added that it is also looking at expanding outside of cycling and sports.

He continued: “We’ve proven that this model works for bikes but we need to prove that it works elsewhere. We need to dare to think big.”

Laka was founded three