Lemonade News
Lemonade Boasts Claims Settlement Speed Record, AI Jim Answers Questions
Recently, Lemonade reported a claim-handling world record. The insurer reported a claim settlement speed record—three seconds and no paperwork. According to the insurer, a policyholder submitted a ...
P2P Startup Lemonade Seeks 46-State Expansion
Lemonade is eyeing a national expansion after filing for a license to operate in 46 states and the District of Columbia. The peer-to-peer insurance startup focused on renters and homeowners insurance ...
P2P Startup Lemonade Closes $34M in New Financing From General Catalyst, Others
Lemonade nailed down $34 million in new venture financing, a crucial, second round of financing as the peer-to-peer InsurTech startup focuses on expanding and growing sales of its renters and ...
Executives On The Move at Starr Companies, Lemonade and RMS
Starr Companies made a new executive appointment in Seattle. Startup Lemonade hired a chief compliance officer/general counsel. Catastrophe modeling firm RMS brought on a new executive from AXIS ...
Root Debuts; Carrier’s Smartphone App Helps Good Drivers Get Cheaper Rates
Root officially debuts in the U.S. market on Oct. 25. The fledgling auto insurer, just 18 months old, relies on telematics and a customer's smartphone to deliver what it says will be significantly ...
Unusual Move: Lemonade Reveals Data From Initial 2 Days of Operation
Lemonade, the peer-to-peer InsurTech startup that launched only a few weeks ago on Sept. 21 selling renters and homeowners insurance in New York, sold 142 policies and generated $14,300 in gross ...
Executives On The Move at Lemonade, Neon and Lockton
P2P Startup Lemonade snagged a former Liberty Mutual Executive as its new chief underwriting officer. Neon promoted an executive to a newly-created leadership position. Lockton appointed several ...
P2P Insurance Startup Lemonade Makes New York Debut; Further Expansion ‘In Due Course’
Peer-to-peer insurance startup Lemonade is open for business in New York, nine months after the startup's debut and initial venture funding announcement. The New York-based company said that it now ...