Oops! Something went wrong, please try again later.
Frequently asked questions
Q:
How is Lemonade’s business model different from that of a traditional insurance carrier?
A:
Traditional insurance companies generate profits from whatever premium is left after paying claims and expenses. This insurance business model could create conflict between the insurance …
Traditional insurance companies generate profits from whatever premium is left after paying claims and expenses. This insurance business model could create conflict between the insurance company and its customers.