Lemonade Inc
NYSE:LMND

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Lemonade Inc
NYSE:LMND
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Price: 30.59 USD -5.32% Market Closed
Market Cap: 2.2B USD
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Lemonade Inc
Insurance Policy Liabilities

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Lemonade Inc
Insurance Policy Liabilities Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Insurance Policy Liabilities CAGR 3Y CAGR 5Y CAGR 10Y
Lemonade Inc
NYSE:LMND
Insurance Policy Liabilities
$823.3m
CAGR 3-Years
45%
CAGR 5-Years
80%
CAGR 10-Years
N/A
Travelers Companies Inc
NYSE:TRV
Insurance Policy Liabilities
$88.5B
CAGR 3-Years
6%
CAGR 5-Years
6%
CAGR 10-Years
3%
Allstate Corp
NYSE:ALL
Insurance Policy Liabilities
$71.8B
CAGR 3-Years
8%
CAGR 5-Years
-1%
CAGR 10-Years
0%
Progressive Corp
NYSE:PGR
Insurance Policy Liabilities
$62.8B
CAGR 3-Years
14%
CAGR 5-Years
16%
CAGR 10-Years
16%
Cincinnati Financial Corp
NASDAQ:CINF
Insurance Policy Liabilities
$18.8B
CAGR 3-Years
9%
CAGR 5-Years
8%
CAGR 10-Years
7%
W R Berkley Corp
NYSE:WRB
Insurance Policy Liabilities
$27.4B
CAGR 3-Years
11%
CAGR 5-Years
11%
CAGR 10-Years
7%
No Stocks Found

Lemonade Inc
Glance View

Market Cap
2.2B USD
Industry
Insurance

Lemonade Inc., founded in 2015, has sought to disrupt the traditional insurance industry by infusing it with technology to cater to a new generation of digitally-savvy consumers. Co-founders Daniel Schreiber and Shai Wininger envisioned an insurance experience that was aligned with customers' expectations in an increasingly digital world. Leveraging artificial intelligence and behavioral economics, Lemonade offers renters, homeowners, pet, and, more recently, life insurance through a mobile app and website. The company positions itself as a friendly and transparent alternative to conventional insurers, drawing customers with swift policy issuance and claims processing, often completed in seconds via AI-driven interactions. Lemonade’s revenue model is built on a standard insurance structure, but with a modern spin. Customers pay a premium to Lemonade, which is a fixed percentage of the total insured value. From these premiums, Lemonade takes a flat fee, ensuring alignment with their mission of not profiting directly from denied claims, which reduces the potential for conflict of interest. The remainder is used to pay claims and cover reinsurance, with any leftover portion donated to causes chosen by the policyholders, in what's called the "Giveback" program. This business approach not only appeals to the socially conscious millennial demographic but also aims to maintain ethical alignments by associating risk management with altruism, setting Lemonade apart in a crowded marketplace.

LMND Intrinsic Value
26.42 USD
Overvaluation 14%
Intrinsic Value
Price

See Also

What is Lemonade Inc's Insurance Policy Liabilities?
Insurance Policy Liabilities
823.3m USD

Based on the financial report for Dec 31, 2023, Lemonade Inc's Insurance Policy Liabilities amounts to 823.3m USD.

What is Lemonade Inc's Insurance Policy Liabilities growth rate?
Insurance Policy Liabilities CAGR 5Y
80%

Over the last year, the Insurance Policy Liabilities growth was 12%. The average annual Insurance Policy Liabilities growth rates for Lemonade Inc have been 45% over the past three years , 80% over the past five years .

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