WHY YOU NEED TO RUN TO BUY LMND at 18 Dollars

Lemonade: The disruptive insurance model

Lemonade is an insurance company powered by artificial intelligence (AI) that's setting out to change how people buy insurance. So far, it's been wildly successful, at least in getting customers to choose its products and increasing its top line. In-force premiums increased 22% year over year in the second quarter, with revenue up 17%.

With the explosion in AI capabilities, it's only natural that new insurance companies are entering the industry with a better product.

What is a better product? Lemonade is almost entirely digital, adding customers and paying claims with chatbots. It uses data analytics and machine learning to make quick and accurate policy pricing and pay out claims. It's fast and simple, with approvals often in seconds, and it requires little human intervention.

So why aren't the old companies doing this? To some degree, they are. But they are huge companies with layers of embedded infrastructure; it's not so simple to do a complete overhaul.

Lemonade, on the other hand, was built on a digital substrate, and AI is part of everything that it does. It's agile and modern, and clicking on a chatbot to get a policy price or make a claim feels much more user-friendly than making a phone call to an agent.

LMND can really benefit from the AI boom and continue to gain revenue and shorten the loss, I will eat up ALLLLLL LMND shares that is under 20 bucks without hesitate.