Lemonade, Inc. is a holding company, which engages in the provision of insurance services. The company is headquartered in New York City, New York and currently employs 1,235 full-time employees. The company went IPO on 2020-07-02. The firm operates through the United States, Europe, including the United Kingdom, providing insurance products to customers through various sales channels. The firm's digital substrate enables it to integrate marketing and onboarding with underwriting and claims processing, collecting, and deploying data. Its technology includes Data Advantage, AI Maya, AI Jim, CX.AI, Forensic Graph, Blender, and Cooper. AI Maya, its onboarding and customer experience bot, uses natural language to guide customers in joining the Company. AI Jim, its claims bot, takes the first notice of loss from its customer without human intervention. The company offers pet insurance that covers diagnostics, procedures, medication, accidents or illness. Even its basic pet insurance offering covers blood tests, urinalysis, lab work, and computed tomography scans.
Follow-Up Questions
Who is the CEO of Lemonade Inc?
Mr. Daniel Schreiber is the Chairman of the Board of Lemonade Inc, joining the firm since 2015.
What is the price performance of LMND stock?
The current price of LMND is $57.82, it has increased 0.9% in the last trading day.
What are the primary business themes or industries for Lemonade Inc?
Lemonade Inc belongs to Insurance industry and the sector is Financials
What is Lemonade Inc market cap?
Lemonade Inc's current market cap is $4.2B
Is Lemonade Inc a buy, sell, or hold?
According to wall street analysts, 11 analysts have made analyst ratings for Lemonade Inc, including 0 strong buy, 2 buy, 7 hold, 4 sell, and 0 strong sell