quite by coincidence I chucked a modest sum at Lemonade (LMND) last week.. for those not in the know it’s a reasonably new digital insurance company which is quite well known in the US & slowly rolling out across Europe & it opened for business in France last last week,
.. by chance the missus who works for BGL Insurance had a meeting last week & the subject of Lemonade cropped up, apparently the consensus is, is that they’re ones to look out for in the future.. watch this space I guess?
Lemonade LMND
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Some interesting concepts - shame the "giveback" up to 40% of premiums is not to policyholders though! I would like that option...
And if it can afford to giveback those high percentages must be a healthy margin.
https://www.forbes.com/sites/afdhelaziz ... oundation/
Actually, the give back (as its going to charity) is probably offset against costs as some tax wheeze so maybe cant give back to customers..
And if it can afford to giveback those high percentages must be a healthy margin.
https://www.forbes.com/sites/afdhelaziz ... oundation/
Actually, the give back (as its going to charity) is probably offset against costs as some tax wheeze so maybe cant give back to customers..