Lemonade

lemonade.com

Lemonade is a full-stack insurance company that leverages AI and behavioral economics to provide homeowners, renters, car, pet, and life insurance. The company differentiates itself by reversing the traditional insurance model, treating premiums as the customers' money, and offering a flat fee structure. With a focus on social impact, Lemonade is a certified B-Corp and a Public Benefit Corporation, ensuring that any leftover funds from premiums are donated to causes chosen by customers. The company has gained significant traction, being rated 4.9 stars in the App Store and recognized for its fast claims processing, often paying out in seconds. Lemonade is publicly traded on the NYSE under the symbol LMND, and is backed by reputable reinsurance partners, positioning it strongly in the insurance market.