Lemonade Blog

Lemonade Blog

Lemonade is a digital insurance platform focused on making a positive social impact. With Lemonade, you can quickly enroll to protect your belongings, home, pets, family, and car all in one convenient app. Additionally, any unused premiums are donated to a charity you select through Lemonade’s Giveback program, which has contributed over $4 million to non-profit organizations globally.

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#20264

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#3938

Finance/Insurance

#46

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  • Jan 7, 2024 | lemonade.com | Daniel K Schreiber

    The Covid-19 pandemic has hurt so many in so many ways – but we’re working hard to ensure we provide uninterrupted service whenever our customers need us. Despite the obstacles, our team, all working from home, have been paying out claims and answering inquiries as fast and as emphatically as ever. AI Maya and AI Jim, of course, are working 24/7, oblivious to the pandemic that has changed so much for humanity, though nothing at all for bots.

  • Jun 29, 2023 | lemonade.com | Daniel K Schreiber

    Insurance is an amazing business, where ‘lifetime value’ (LTV) is often measured in actual lifetime. People typically buy their first insurance policy in their 20s, pay severalfold more for their policies by midlife, and continue to pay premiums well into their 80s. That makes for an extraordinary LTV, which is why it can be so lucrative to invest in customer acquisition today, in return for that stream of gross profits in the years and decades to come.

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