LEMONADE
TOP 10 – INSURANCE PRODUCTS OF 2024
07
Lemonade
LEMONADE
REVENUE : US $ 430m EMPLOYEES : 1,200 CEO : DANIEL SCHREIBER FOUNDED : 2015
, founded in 2015 , is a leading insurtech company leveraging AI and behavioural economics to offer renters , homeowners , car , pet and life insurance . It disrupts traditional insurance with a fully digital platform , using chatbots for customer interactions and claims processing , famously settling claims in under two seconds .
Its “ Giveback ” program donates unused premiums to charities chosen by policyholders . Lemonade , the first Insurtech UK member with a carrier licence from the PRA , went public in 2020 , expanding across the US and Europe . Daniel Schreiber , CEO , Lemonade
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Lemonade Insurance – How It Works
54 November 2024