Lemonade Insurance Company is a licensed insurance carrier, offering homeowners and renters insurance powered by artificial intelligence and behavioral economics.
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Very interesting indeed! How long before we see this come over to the UK?
@jamestaylor_io we've launched NY and we'll gradually roll out other states soon. We hope the rest of the world will come soon after. UK will definitely be one of the first countries we'll launch after the US
Had a chance to meet the team back in Tel Aviv and get a sneak peek at the app. I mean, given the investors in this company, the super talented founders, and the insanely polished product, if anyone can disrupt one of the most painful industries out there, insurance, Lemonade can. My only question is about the roadmap and when this will be available globally.
First off, amazing job team! Phenomenal idea and it looks great!! Regarding growth...insurance is a highly regulated industry, pretty much everywhere. How do you plan on tackling the regulatory hurdles that must differ in each market you are looking to expand to?
@ryabrams Good insight here Ryan. Actually, NY is considered to be one of the toughest regulators in the country, so we're pretty excited to be fully licensed and ready to go here! When we're ready to rollout, we'll continue to work with regulators in each state to do so.
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@yaelwiss If Uber and Airbnb can tear down regulation, I'm positive you can too. ;-) On another note, please bring it home. If I have to deal with AIG or Migdal again, I might freak out.
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