Insurers, are you making your own lemonade?
On June 8th one of the most storied digital-first insurers, Lemonade, announced its IPO with an estimated $2B valuation. Although a niche insurer, Lemonade is unique in that it has little if any IT legacy baggage to slow its speed to market or diminish the customer experience, and it is using predictive analytics and personalization to handle insurance processes. Disruptors, like Lemonade, are here to stay. Every day we see more challenges to the traditional insurance value chain from…
