Lemonade has launched in the UK following a partnership for the US-based insurance firm with UK insurer Aviva. It follows previous launches in France, Germany and the Netherlands.
Founded in 2015, Lemonade offers renters, homeowners, car, pet and life insurance by replacing ‘brokers and bureaucracy’ with ‘bots and machine learning’.
From today, UK residents can get Lemonade contents insurance from any device, as well as file claims and get paid in ‘seconds’. It includes worldwide coverage for individual personal items of up to £2,000 each, total coverage up to £100,000, and no cancellation fees.
Read more on the FinTech Times here.