LemonadeInsurance Company announced today that its tech-drivenhomeowners' and renters' insurance is now available in California —just two days after the Golden State's Department of Insurancepublicly welcomed Slice and its on-demand, short-term insurance coverageto its carrier pool.
With InsurTech companies disrupting various corners of theinsurance industry, Lemonade, along with its digital and mobilestorefront fueled by artificial intelligence and behavioraleconomics, has been on the lips of executives from Wall Street toMain Street.
California is the third state, behind New York and Illinois,in Lemonade's nationwide expansion, which the companyexpects to complete "in a matter of months."
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Elana Ashanti Jefferson
Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].
