Lemonade CEO and Co-founder Daniel Schreiber speaks about what’s next in insurance tech at CB Insight’s Future of Fintech conference, along with Dan Reed (Managing Director at American Family Ventures), Kevin Kerridge (Small Business Direct & Partnerships at Hiscox), and moderated by Ian Kar of Quartz.
It’s self-evident that there’s something broken in the world of insurance. There’s a reservoir of ill-will towards insurance companies – in the United States, most Americans perceive renters and homeowners insurance as a necessary evil.
This is kind of shocking because insurance could be the ultimate social good – it’s a community taking care of people in distress.
Moreover, 25% of people admit that “it’s okay to defraud insurance industries.”
Watch on to hear more about the root causes of this broken system and how Lemonade is reinventing insurance as a social good through tech and behavioral economics.
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