Lemonade is a technology-driven insurance company headquartered in the United States, with operations also in the United Kingdom and Europe. The company offers a range of insurance products including renters, homeowners, car, pet, and life policies, underwritten by an artificial intelligence platform. This platform handles policy issuance and claims processing, reportedly enabling customers to obtain coverage in as little as 90 seconds and receive claim payments in just three seconds.
The company's technical work centers on domains such as artificial intelligence, machine learning, natural language processing, and automation. It employs a team of over 1,200 people to develop and maintain these systems, which serve a customer base of more than two million.
As a Public Benefit Corporation and Certified B-Corp, Lemonade operates a Giveback program that donates unclaimed premiums to policyholders' chosen nonprofits. To date, this program has contributed over $10 million.
