Lemonade, Inc. Logo

Lemonade, Inc.

AI-powered personal insurance for home, car, and pet with a social impact giveback model.

LMND | NYSE

Overview

Corporate Details

ISIN(s):
N/A
LEI:
Country:
United States of America
Address:
5 CROSBY STREET, 10013 NEW YORK
Sector:
Mining and quarrying
Industry:
Extraction of natural gas

Description

Lemonade, Inc. is a technology-driven insurance company that provides a range of personal insurance products, including renters, homeowners, car, pet, and term life coverage. The company leverages artificial intelligence and chatbots to offer a streamlined, digital-first customer experience, enabling users to get quotes and process claims rapidly through its mobile app. Lemonade operates on a distinct business model where it takes a flat fee from premiums, using the remainder to pay claims. Through its annual "Giveback" program, any unclaimed funds are donated to charitable causes chosen by its policyholders. The company is a certified B-Corporation and a Public Benefit Corporation, reflecting a commitment to social impact as part of its core mission.

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Insider Transactions

Date Insider Name Position Type Shares Value
No insider transactions recorded for this company.

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