In 2015, Lemonade (NYSE: LMND) was founded with a mission to reshape the insurance industry by using technology to price premiums more accurately, and to deliver a much better customer experience. Artificial intelligence (AI) is at the core of that strategy because it enables the company to automate everything from quotes to claims.
Lemonade stock has soared 111% over the past year on the back of strong growth across its business, but it remains 81% below its record high, set during the…
Article Source
https://www.yahoo.com/finance/news/1-artificial-intelligence-ai-growth-092400544.html
