PriyaPatel
TLDR:
– Lemonade has extended its services to include homeowners insurance in France, building on its partnership with BNP Paribas Cardif.
– The introduction of homeowners insurance marks a significant milestone for Lemonade in the European market.
Lemonade, known for its innovative approach to digital insurance, has recently launched homeowners insurance in France, further solidifying its partnership with BNP Paribas Cardif. This move represents a significant milestone for Lemonade in the European market, where it has seen rapid growth. The company’s CEO, Daniel Schreiber, noted that the European market was their fastest-growing business last year. By expanding their offerings and leveraging their partnership with BNP Paribas Cardif, Lemonade is poised for continued success in the region.
Since partnering with BNP Paribas Cardif, Lemonade has seen success in offering renters insurance in France. The addition of homeowners insurance marks a new phase in their collaboration, providing a fully-digital home insurance solution for French customers. The coverage includes various add-ons and is designed to meet the specific needs of homeowners in France. With policies starting at just €10 per month, Lemonade aims to provide flexible and comprehensive insurance solutions to its customers.
