“AI is a buzzword today; it wasn’t back in 2015 when we established the company. And we’ve been doing everything in a very data-centric and automated way—that means policies sold entirely online in 90 seconds, costing a fraction or what it would otherwise cost due to automation. The same is true when you handle claims, paying about 50% of our claims in as little as seconds. You get a better user experience, but the deeper advantage is we’re taking costs out of the system, which is a huge advantage to consumers.” Insurance is complex and impacted by a lot of factors, many of which are out of our control. Daniel Schreiber joined Public on their Leading Indicator podcast for a candid conversation about climate change, rising rates across the industry, telematics in car insurance, and what makes Lemonade unique. Check out the full episode: https://lnkd.in/etvgysnn
Lemonade
Insurance
Digital insurance built on social impact – for your stuff, home, family, pet, and car.
About us
Our mission is to become the most loved insurance company in the world. As a customer-centric tech company, we created an insurance experience across Renters, Home, Pet, Car, and Life that is smart, instant, and delightful. Our team of 1,200+ Lemonade Makers make it possible for over 2M customers throughout the US, UK and Europe to get coverage instantly, with nearly half of claims paid in a matter of seconds. Powered by AI and social impact, Lemonade is a purpose-built, technology-first insurance carrier. A Certified B-Corp, our commitment to social impact is embedded in every aspect of the company, and our Giveback program, which donates a percentage of leftover premiums to nonprofits selected by our community, has donated over $10M to organizations in need. If you want to be a part of it, check out our Lemonade Makers career page: https://makers.lemonade.com/
- Website
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http://bit.ly/3Zy87q3
External link for Lemonade
- Industry
- Insurance
- Company size
- 1,001-5,000 employees
- Headquarters
- New York
- Type
- Public Company
- Founded
- 2015
- Specialties
- insurance, Technology, User Experience, Artificial Intelligence, Social Impact, and insurtech
Locations
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Primary
5 Crosby St
New York, 10013, US
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Dubnov St. 7
Tel Aviv-Yafo, 6473207, IL
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Spuistraat 112a
Amsterdam, North Holland 1012 VA, NL
Employees at Lemonade
Updates
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At Lemonade, social impact isn’t just a buzzword—it’s at the core of who we are. In July, we donated over $2M to nonprofits around the world via the #2024LemonadeGiveback, totaling more than $10M since we kicked off the program! And to celebrate our impact, our Makers rolled up their sleeves and gave back to their local communities. Together, and with some of our Giveback partners, we: 🧡 Built hygiene kits and mentored kids with Women In Need, Inc. (Win) 🐱 Spruced up shelters and spent time with the animals at Best Friends Animal Society 💜 Delivered meals and connected with older adults with DOROT 🍽️ Cooked and prepared lunch for shelter residents at Koffiehuis in Amsterdam 🐶 Cleaned cages, fed, and played with the animals at SPCA International (shoutout to Max, who found his forever home with a Lemonade Maker!) 🍋 Connected those in need with food pantries and soup kitchens in their neighborhood, thanks to our remote team and Lemontree
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"We're seeing the fundamentals of the business—the scale and advantages of scale that AI always promised—now very much in visible sight and in evidence across our report this quarter." CEO Daniel Schreiber joined Yahoo Finance to talk Q2 2024 earnings.
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The highlight of our year is here! We’re excited to announce the impact of this year's #LemonadeGiveback2024. Thanks to the support of our incredible customers, we’ve donated over $2 million to 43 nonprofits across the globe. 🌍✨ From clean water projects to building homes and donating meals, our collective efforts are transforming lives. #CommunityImpact #CorporateResponsibility
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Pride Month just wrapped up, and our global team outdid themselves! 🌈 From art & wellness workshops to fun Pride celebrations, we had it all. Drag Bingo? Check. A guided queer history tour? Done. Plus, insightful chats with local nonprofit organizations that support the LGBTQ+ youth. At Lemonade, celebrating Pride means fostering an inclusive and vibrant culture, and supporting the LGBTQ+ community both internally and externally through our product with Lemonade Giveback. We're pretty proud (pun intended) of our team and the inclusive environment we're building.
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“This transforms everything - from the risk management, to the cost to serve, to the consumer experience piece.” Lemonade CEO, Daniel Schreiber, joined CNBC “Fast Money” to break down the impact of AI on the business, how we measure it, and what's ahead.
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From 9,000 to 30,000 sq ft! Proud to support The Ali Forney Center through the Giveback program where our amazing customers help create real change ✨ #LemonadeGiveback
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Curious why social impact isn’t just a buzzword at Lemonade? Nina Rauch breaks it down in Fast Company.
Harnessing social impact: Uniting employees for meaningful change
fastcompany.com