Tagged: daniel schreiber

Insurtech Lemonade Expands into Germany in Advance of IPO

Lemonade has crossed the Atlantic and invaded Europe. The Insurtech announced the news in a blog post and email to followers reporting that Lemonade’s insurance services will now be available in Germany. The move was originally forecasted in 2018 when Lemonade announced its intent to… Read More

Insurtech Lemonade Raises $120 Million in Round led by SoftBank

Prominent Insurtech firm Lemonade is having a pleasant Holiday season following the announcement they have raised $120 million to fuel platform growth. The funding round was led by SoftBank, a group that has been highly active in the Fintech sector. Valuation was rumored to be… Read More

Making Lemonade Even Sweeter: Zero Deductible Launched on First Anniversary

Lemonade, the insurance company powered by artificial intelligence and behavioral economics, has launched a new product called Zero Deductible which offers new and existing Lemonade members a ‘zero deductible’ upgrade, so they can make up to two claims each year with no deductible payments, and no rate hikes. The launch… Read More

Insurtech Firm Lemonade Reports it Has Donated 10% of Revenue with its Giveback Plan

  Lemonade has announced the results of the company’s annual Giveback program, where a portion of the underwriting profits go to nonprofits. The Insurtech firm shares that the program has funded 14 charities chosen by Lemonade policyholders. Lemonade Insurance Company is a licensed insurance carrier offering… Read More

Lemonade Publishes Survey Results that Indicate their Platform Tops Legacy Insurers Among First Time Buyers

Lemonade, an insurance company powered by artificial intelligence, has published survey results indicating it has overtaken Allstate, GEICO, Farmers, Liberty Mutual, Progressive, State Farm, USAA and all other legacy insurers amongst first-time buyers of renters insurance in New York state.  According to Lemonade, the first… Read More

Lemonade Adds Illinois to List of States Where it Provides Insurance

Insurtech firm Lemonade has moved into the midwest by adding Illinois to the list of the states where it may offer insurance. Adding Illinois comes six months after launching in New York state by receiving regulatory approval to offer insurance. Lemonade is an insurance company… Read More

Insurtech Company Lemonade Raises $34 Million. California Next on the List to Offer Insurance

Insurtech company Lemonade has closed a $34 million Series B funding round. The investment was led by General Catalyst and included the participation of GV (aka Google Ventures), Tusk Ventures and Thrive Capital. Existing investors Aleph, Sequoia, and XL Innovate also participated in the round…. Read More

Fintech Firm Lemonade Launches to Challenge Established Insurance Firms

The much anticipated Fintech firm Lemonade has officially launched in the state of New York. Lemonade has positioned its platform in a David vs. Goliath battle to challenge antediluvian insurance incumbents by providing a far better service at a superior price. Lemonade has been licensed… Read More

Lemonade: World’s First Peer-to-Peer Insurance Platform Receives Backing from Lloyds & Berkshire Hathaway

Lemonade, a peer to peer insurance platform that seeks to address the profound shortcomings of the multi-trillion dollar insurance industry now has some prominent names backing the young company.  Announced today, Lemonade has now received the support of “top tier” global reinsurance partners including Berkshire… Read More

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