3 August 2017Insurance

Lemonade expands insurance offering to New Jersey

Lemonade, an artificial intelligence-focused insurtech company, has launched its homeowners and renters insurance insurance offering throughout the Garden State.

New Jersey marks the fourth state in Lemonade's nationwide expansion, joining New York, California, and Illinois.

"As Lemonade continues its nationwide rollout, we have a special place in our heart for New Jersey," said Shai Wininger, co-founder and chief Lemonade maker, Lemonade.

"We received endless requests to launch there after our New York launch from consumers who work in New York but live across the Hudson, and many of our own team are native Jersey residents. So today's launch feels like a natural next step, and we couldn't be more excited."

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20 December 2017   Japanese lender Softbank has led a $120 million funding round in US insurtech firm Lemonade which wants to use the funds for a global expansion in 2018.
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2 June 2017   Lemonade, an artificial intelligence-focused insurtech company, more than doubled its clients in the past two months as “customers are ditching incumbents for Lemonade,” Shai Wininger, Lemonade co-founder, said in a blog posted on medium.com.
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10 May 2017   Lemonade, an artificial intelligence-focused insurtech company, has launched its homeowners and renters insurance offering in California.