How is Lemonade insurance performing?

How is Lemonade insurance performing?

It’s been rewarding work: in the past 12 months we’ve seen over 500% year-on-year growth in sales of homeowners policies – even as our cost to acquire them dropped 70%. Back in August 2018, 5% of our sales came from homeowners – now it’s about 35% and growing.

Who are Lemonade competitors?

Lemonade has 15 competitors. Lemonade’s competitors are PolicyGenius, Kin Insurance, Jetty, Coya, Hedvig and more.

Is Lemonade a broker?

Lemonade is a broker by another name. Another of Lemonade’s selling points is that insurers have a conflict of interest in that they make money by denying claims. … Lemonade is actually two companies. It is a risk-bearing insurance company AND a brokerage firm.