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Lemonade's Huge New Round of Funding

March 6, 2018

Updated 7mo ago

Daniel Schreiber, CEO and co-founder of Lemonade, discusses the insurance app's $120 million Series C funding round. Lemonade is planning on expanding globally with the new round of cash.

Schreiber says Lemonade is trying to reinvent insurance. Lemonade wants to make customers happy, not make money by denying claims.

Schreiber explains distrust is endemic in the insurance agency, calling it a "trillion dollar problem." He also touches on Lemonade's decision to stop insuring assault rifles after the Las Vegas massacre in October, saying it was a common sense choice to make.

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Lemonade Unveils Policy 2.0

Daniel Schreiber, co-founder and CEO of renter and homeowner's insurance company Lemonade, discusses the new 'open source' insurance policy. The new policy aims to get insight from users on what they want out of their insurance while also streamlining the process.

Zero Everything Insurance

As the insurance company turns a year old, Lemonade's director of content & strategic communications Yael Wissner-Levy discusses the launch of the company's "Zero Everything" upgrade, which lets new and existing customers file two claims a year with no deductible payments, no depreciation and no rate hikes. Wissner-Levy focuses on the speed at which the app's A.I. is able to settle claims for its users and the company's complete overhaul of the insurer-insured relationship.

Opening Bell: March 6, 2018

ESPN has a new president, following the abrupt resignation of its former president in December. The popular trivia app HQ has received an additional $15 million in funding. In other funding news, the insurance app Lemonade recently secured $120 million in Series C funding. And we're joined by iconic travel writer Rick Steves to hear about his new book, "Travel as a Political Act."