Lemonade IncNYSE LMND Stock Report

Lemonade, Inc. is a holding company, which engages in the provision of insurance services. The company is headquartered in New York City, New York and currently employs 1,367 full-time employees. The company went IPO on 2020-07-02. The firm offers its products to renters and homeowners in the United States, contents and liability insurance in Germany, and the Netherlands, and renters’ insurance in France. The insurance it offers in the United States covers stolen or damaged property, and personal liability, which protects its customers if they are responsible for an accident or damage to another person or their property. The firm also offers landlord insurance policies to condo and co-op owners who rent out their property less than five times a year to protect their real and personal properties. The Company’s offerings are available through its iOS and Android applications, as well as through its Website (www.lemonade.com.). Its products cover all residents of a household who are related to the customer by marriage, blood, or adoption.