Insurance Company Lemonade Tops $57 Million in Revenue in 2018
Lemonade is a for-profit corporation, but the company donates a portion of its unclaimed money to charities selected by its clients
Adi Pick | 16:44 27.01.2019
Artificial intelligence-based online insurer Lemonade Inc. ended 2018 with more than $57 million in sales, the company announced Thursday. The company offers property and casualty insurance policies at a flat monthly rate.In December of 2017, Lemonade insured 100,000 homes, but by December of the following year, the company insured 425,000 homes, equating to $50 billion in total insured value, according to company statements.