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US Based Insurtech Firm Lemonade Launches in UK

Lemonade, the New York based insurtech company with AI capabilities, has launched in the UK.

Lemonade’s AI empowers it to compete with major players in international markets.

Founded in 2015, Lemonade’s flagship renters insurance was launched in the U.S. in 2016. 

 With a quote and claim process that takes only seconds, customers can enjoy peace of mind when renting their homes.

Residents of the UK can now insure their belongings with Lemonade and receive a Defaqto 5 Star Rating.

They can take out policies through the app or online starting at only £4 (US$4.50) a month.

Lemonade is partnering with insurance company Aviva to have the long-term, strategic reinsurance partnership in the UK.

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