How Technology Is Disrupting Home Insurance: Lemonade Inc. CEO Daniel Schreiber | CNBC

Daniel Schreiber, Lemonade Inc. CEO, talks about using artificial intelligence to reinvent the way insurance claims are processed.

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How Technology Is Disrupting Home Insurance: Lemonade Inc. CEO Daniel Schreiber | CNBC

[tusoyoung]

You don't know them well until you file a claim, and Lemonade was like my AIexa. Reimbursed me everything right away in a new york minute. Everything was so easy, from buying to filing a claim. I don't care if my premiums go up next year after my homeowners claim. I'm staying with them for life.

[GordonGreenCincinnati]

Great information from the CE. However tthe way you cut them off with CNBC rock ‘n’ roll in the last 30 seconds it’s so old school and deeply aligns against the mindset of the company in which you are showcasing.

Get with the times. Find a better way to cue a segment change.

[MelodicMotives]

So far, companies have focused primarily on customer-facing applications. But some insurers are beginning to realize that digital means much more than cool and convenient apps for consumers; it is a force that will touch and reshape the very core of their business. Yet firms will reap the full benefit of digital technology only when they embrace its potential along the entire insurance value chain, including underwriting and claims management.

[dukeimus]

Farmer Insurance just raised my cost. I called them why? I haven’t had accident or ticket for my entire 10 years of driving. The agent said because of COVID. I said wtf?!?!

[marc_]

Is that an interview or a police interrogation? Can you let the person speak dude?

[michaelrodriguez]

How do they prove these claims? A lot of scamming is going to be going on.

[loopbloke]

The time of amazing rates is over as lemonade quoted me high for last 3 times. However, still, , lemonade makes it easy to buy and for claims.

[SourSensei]

Yes about time. These old heads forgot what it was like to be human!

[jimmydoan]

LMND $4119 vs Allstate $2500, it is a no-brainer for me. I have two properties and both were higher quotes! There is no way I would invest in LMND just yet.

[couponuser]

This reminds me of esurance, which got bought by Allstate. Wouldn't surprise me if it happens to this company.

[walterwine]

Lemonade will be the Amazon of insurance