Lemonade CEO Daniel Schreiber Chats With Jim Cramer on Mad Money, July 23, 2020
Lemonade CEO and cofounder Daniel Schreiber chats with Mad Money host Jim Cramer about building an unconflicted, trusted insurance company powered by AI and driven by social good. Lemonade offers renters, homeowners, and pet insurance in the US, and contents and liability insurance in Europe, through its full-stack insurance carriers. Launching in 2016, Lemonade set out to replace brokers and bureaucracy with bots and machine learning, aiming for zero paperwork and instant everything. A B-Corp and a Public Benefit Corporation, Lemonade gives excess underwriting profits to nonprofits customers choose in the annual 'Giveback.'