US-based home and renters insurance start-up Lemonade is planning its first overseas expansion to Europe. The firm uses AI to tailor insurance products to paying subscribers on its platform. Since launching in 2016, it has received investment from big names like SoftBank, Google, Sequoia Capital and General Catalyst. "We haven't yet encountered any reasons not to. In the US, a startup called Homejoy offers an AI-powered platform for homeowners who want to rent out their homes or apartments via Airbnb.
US-based home and renters insurance start-up Lemonade is planning its first overseas expansion to Europe. The firm uses AI to tailor insurance products to paying subscribers on its platform. Since launching in 2016, it has received investment from big names like SoftBank, Google, Sequoia Capital and General Catalyst. In the US, a startup called Homejoy offers an AI-powered platform for homeowners who want to rent out their homes or apartments via Airbnb.