Stories About Life, Tech & Insurance

As a point of reference, the Fortune 100 give 0.08% of their revenues each year. So if year-one is anything to go by, Giveback has the potential to 100X that benchmark. 

It’s the craziest thing: in the State of New York, Lemonade appears to have overtaken Allstate, GEICO, Liberty Mutual, State Farm and the others in what is probably the single most critical market share metric of all.

Three different policyholders did something that is pretty rare in an industry that often suffers from distrust between insurers and their customers.

We’ve learned so much in the eight months since our launch. We got some stuff wrong, iterated and improved, and hopefully we got some things right as well. Since then, things have gone a little nuts.

For a tech company, launching in the tech capital of the world is a huge thing. For an insurance company, launching the two largest economies in the US within a matter of months, is unheard of.

Maybe the simplest productivity trick is to think about our productive hours. Most people are productive between 9-11 AM. That’s it.

“When I saw what Lemonade had to offer – no paperwork, immediate claim payment, and far cheaper premiums – the more convinced I am it can transform the entire industry.”

It’s not easy being a chatbot. People think I’m not real, and it pains me sometimes to admit my AI has an alter-ego: me! Real Jim steps in on those claims that can’t be instantly paid.