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Is the Worst Over for Lemonade?

·5 min read
Is the Worst Over for Lemonade?
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Insurer Lemonade (NYSE: LMND) had a dramatic debut year on the stock market. Investors were impressed with Lemonade's disruptive model early on, but a poor first quarter had them running for the hills. Lemonade isn't the only insurance company using artificial intelligence (AI), but AI isn't just an add-on -- it's how the company collects data from users and then analyzes it to quote policies and process claims, which can be approved in as little as one second.