Lemonade News

Insurtech Startup Pitching Chatbots for Workers’ Comp Claims

For years, automobile insurers have used automatic dialogue devices, called chatbots, to field calls from policyholders when they report claims. Last year, personal insurance startup Lemonade took the technology up a notch, boasting that it was closing claims in seconds …

Business News: Lemonade, CoreLogic

Lemonade Launches World’s First ‘Open Source’ Insurance Policy Lemonade, the insurance company powered by artificial intelligence and behavioral economics, announced it has rewritten the generations-old insurance policy. The new insurance policy, called Policy 2.0, will be open for edits from …

Citing ‘Social Good,’ Insurer Lemonade Adds Restrictions to Firearms Coverage

Online home and rental insurer Lemonade has said it is limiting its coverage for gun owners as part of its commitment to “make insurance into a social good.” Citing the recent Las Vegas mass shooting, Lemonade CEO Daniel Schreiber blogged: …

Business News: Verisk Analytics, Lemonade, MyKey

Verisk Analytics to Acquire G2 Web Services Verisk Analytics, Inc., a data analytics provider, has signed a definitive agreement to acquire Wash.-based G2 Web Services, an industry-leading provider of merchant risk intelligence solutions for acquirers, commercial banks, and other payment …

Business News: Lemonade, Berkshire BHSI, DOXA Insurance Holdings

Lemonade Moves Into California Lemonade, the insurance company powered by artificial intelligence and behavioral economics, is now available throughout the Golden State. Californians can now buy homeowners and renters insurance in seconds at lemonade.com, or through the Lemonade app, and …

Business News: Lemonade, FM Global, Wolters Kluwer, TD Risk Management

Lemonade Expands into Illinois Lemonade, the insurance company powered by artificial intelligence and behavioral economics, announced it has been licensed as a full-stack insurance carrier by the State of Illinois. Renters in the state can now buy a Lemonade policy …

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 – 3 seconds and no paperwork. According to the insurer, a policyholder submitted a theft claim for a $979 Canada Goose Langford Parka on …

Business News: Chubb, Lemonade, NORCAL, Solera Holdings

An expanded suite of cyber loss mitigation services is now available to help Chubb’s U.S. and Canadian policyholders reduce the impact and likelihood of a cyber incident. Chubb’s expanded suite of cyber services for loss mitigation includes: Password Defense—Available to …

Business News: CLARA Analytics, IICF, Lemonade

CLARA Analytics Launches PUMA Search Engine to Help Insurance Carriers Reduce Workers’ Compensation Costs CLARA analytics, a division of LeanTaaS, a Silicon Valley healthcare SaaS provider, announced the commercial availability of PUMA, a search engine that helps insurance carriers and …

People Moves: Lemonade, Navigators, Ringler

Liberty Mutual Executive Moves to Lemonade Lemonade, a new insurer that is beginning to do business in New York, announced the appointment of John Peters as its chief underwriting officer. He comes to Lemonade from Liberty Mutual, where he held …