LEMONADE INC (LMND)

Company Profile

Lemonade, Inc. is a holding company, which engages in the provision of insurance services. The company is headquartered in New York City, New York and currently employs 1,258 full-time employees. The company went IPO on 2020-07-02. The firm's full stack insurance carriers, powered by artificial intelligence, in the United States and the European Union replace brokers and bureaucracy with bots and machine learning. The firm's digital substrate enables it to integrate marketing and onboarding with underwriting and claims processing, collecting and deploying data. Its technology includes Data Advantage, AI Maya, AI Jim, CX.AI, Forensic Graph, Blender and Cooper. AI Maya, its onboarding and customer experience bot, uses natural language to guide customers in joining the Company. AI Jim, its claims bot, takes the first notice of loss from its customer making a claim, paying the claimant or declining the claim without human intervention. The company offers pet insurance that covers diagnostics, procedures, medication, accidents or illness. Even its basic pet insurance offering covers blood tests, urinalysis, lab work, and computed tomography scans.

Company Info

LEMONADE INC

5 Crosby Street, 3rd Floor

New York City NEW YORK 10013

P: 18447338666

CEO: Daniel Schreiber

Employees: 1258

Website: https://www.lemonade.com/