Lemonade Inc
NYSE:LMND
Lemonade Inc
Revenue
Lemonade Inc
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Lemonade Inc
NYSE:LMND
|
Revenue
$526.5m
|
CAGR 3-Years
60%
|
CAGR 5-Years
51%
|
CAGR 10-Years
N/A
|
|
|
Travelers Companies Inc
NYSE:TRV
|
Revenue
$46.4B
|
CAGR 3-Years
10%
|
CAGR 5-Years
8%
|
CAGR 10-Years
5%
|
|
|
Allstate Corp
NYSE:ALL
|
Revenue
$64.1B
|
CAGR 3-Years
8%
|
CAGR 5-Years
9%
|
CAGR 10-Years
6%
|
|
|
Progressive Corp
NYSE:PGR
|
Revenue
$75.3B
|
CAGR 3-Years
16%
|
CAGR 5-Years
14%
|
CAGR 10-Years
15%
|
|
|
Markel Corp
NYSE:MKL
|
Revenue
$16.6B
|
CAGR 3-Years
9%
|
CAGR 5-Years
12%
|
CAGR 10-Years
12%
|
|
|
W R Berkley Corp
NYSE:WRB
|
Revenue
$13.6B
|
CAGR 3-Years
13%
|
CAGR 5-Years
12%
|
CAGR 10-Years
7%
|
|
Lemonade Inc
Revenue Breakdown
Breakdown by Geography
Lemonade Inc
Breakdown by Segments
Lemonade Inc
|
Total Revenue:
526.5m
USD
|
|
Reportable Segment:
526.5m
USD
|
Lemonade Inc
Glance View
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.
See Also
What is Lemonade Inc's Revenue?
Revenue
526.5m
USD
Based on the financial report for Dec 31, 2024, Lemonade Inc's Revenue amounts to 526.5m USD.
What is Lemonade Inc's Revenue growth rate?
Revenue CAGR 5Y
51%
Over the last year, the Revenue growth was 22%. The average annual Revenue growth rates for Lemonade Inc have been 60% over the past three years , 51% over the past five years .
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