Trade Lemonade, Inc. - LMND CFD

Lemonade, Inc. Company profile

Lemonade (LMND) is an insurance company. The company uses bots and machine learning in the US and EU to replace brokers and bureaucracy, eliminating paperwork and providing instant approval for applications and claims.

Daniel Schreiber and Shai Wininger founded New York-based Lemonade in 2015. It went public in July 2020, with shares traded on the New York Stock Exchange (NYSE) under the symbol LMND.

Its renters’ insurance covers policyholders for damaged property or assets and personal liability in unfortunate incidents such as fire. The insurance also protects clients if they are at fault for an accident or damage to another person's property.

The homeowners’ insurance provides cover for damages and losses related to incidents at home.

The car insurance provides protection for accident repairs, prices for buying a new car in the event of theft and lawyer costs to defend drivers if they are sued for liability.

Pet insurance covers medical costs, including diagnostic tests, surgery and medicines.

The company's insurance products are available through its application and website in the US, Germany and the Netherlands.