New York headquartered neo-insurer "Lemonade" provides an engaging artificial intelligence bot called Maya in their App to deliver fast, simple and transparent Home, Renter and Pet Insurance: "90 seconds to get insured", and "3 minutes to get paid". The insurer earns a flat fee, and "gives back what's left (from the claim amount) to causes you care about".
Definitely worth a look at the video of the Lemonade App in action at Lemonade.com
Photo by Jake Charles on Unsplash
#innovation #insurance #lemonade #neoinsurer #neobank #neofinancialservices