Top 5 Insurtechs in the US

The insurance industry was at a standstill before the development of insurtech – now the field has been revolutionised, with old insurance companies having to digitise or fear being left behind. Founded: New York, NY – 2015. Lemonade is a provider of a peer-to-peer insurance platform designed for renters and homeowners. It is powered by artificial intelligence and behavioral economics and utilizes bots and machine learning to create an insurance experience. However, as of April 2021, Lemonade has announced its plans to branch out into other insurance lanes as it aims to be a one-stop-shop.