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InsurTech companies such as Lemonade and Slice peddle zero policyholder paperwork and almost instantaneous service. Both companies launched their service in California this week. (Photo: iStock)

Lemonade Insurance Company announced today that its tech-driven homeowners’ and renters’ insurance is now available in California — just two days after the Golden State’s Department of Insurance publicly welcomed Slice and its on-demand, short-term insurance coverage to its carrier pool.

With InsurTech companies disrupting various corners of the insurance industry, Lemonade, along with its digital and mobile storefront fueled by artificial intelligence and behavioral economics, has been on the lips of executives from Wall Street to Main Street.

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Elana Ashanti Jefferson

Executive Editor Elana Ashanti Jefferson is a veteran journalist and communications professional. She can be reached by sending email to [email protected]

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