An artificial intelligence-powered insurance company offering a variety of types of insurance in the U.S. and abroad.
A registered public-benefit corporation, Lemonade is the first company to use A.I. to streamline insurance buying on a large scale. The company's platform allows customers to customize insurance policies and expedites the process of filing claims. Lemonade built a giveback mechanism into its premium payments. Once a year, the company donates up to 40 percent of money not used for claims to a charity chosen by users.