Who is Maya Lemonade?

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VP Business Development, Lemonade Maya Prosor is a founding team member and the VP of Business Development and Partnerships at Lemonade, a licensed insurance carrier, offering homeowners and renters insurance powered by artificial intelligence and behavioral economics.

Why is it called underwriting?

The term underwriter originated from the practice of having each risk-taker write their name under the total amount of risk they were willing to accept for a specified premium.

Is Lemonade an underwriter?

Underwriting at Lemonade Powered by tech, Lemonade is able to collect about 100x more data-points per customer than traditional insurers (whether online or through the app). Lemonade’s AI-powered bot is designed with underwriting algorithms in place, which means most customers are able to get insured instantly.