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Lemonade Insurance

Is this your company?

Good place to learn insurance business and grow - Insurance Leadership Lemonade Insurance Employee Review

4.0
10 Oct 2023
Recommend
CEO approval
Business outlook

Pros

- Great culture and company values; little politics. - Very smart, driven, creative people. Company has attracted great talent and still manages to. - Generally solid and empathetic senior leadership and middle management - Better balance between Product/Tech side of business and Insurance side than previous. Evangelism about remaking Insurance industry remains but it is reasonable. - Long-term strategy and vision for the company still makes sense if we can fix profitability in the near term - Company does invest in people- many move from CX/CLX to Product/Corporate roles - Company no longer a startup, but still small compared to the big insurers. Individual work is still very impactful on the shape of the product and company results. - Get exposed to good tech people. Some cutting edge tech, some big ideas that haven't materialized. It's still very interesting to work here. - Diversity-wise the company is pretty good

Cons

- Not a profitable business, but improving. Stock is in the toilet. In some ways good as we are not a hype stock anymore and can focus on the fundamentals. - Still digging out from some decisions made early in the company's life. - Hours can be long depending on the role, though I think we are mostly out of this startup phase and most people can work their 40 hours. - There are co-CEOs. Neither with insurance backgrounds originally. One really gets it and is very solid. One I'm not so sure about. He mostly stays out of the way though. - Prioritization process between Product and Insurance sides still needs to improve. - Comp is fine in my area, I can't comment across the company. I could probably make more elsewhere but not much more, and the jobs would be crappier and less interesting. - Stock based compensation is still used a lot. It's not really buying a lottery ticket at this point, it should be seen as investing in a cheap stock near its historical bottom. As the company moves towards profitability, it will go up, but it ain't hitting $160 again anytime soon.

Explore other reviews about Lemonade Insurance

5.0
3 June 2026
Recommend
CEO approval
Business outlook

Pros

Great company/culture, great people, great exam support. Surrounded by the cream of the crop in the insurance and insurtech world. interesting and dynamic work. A nice bonus is you will learn how to code here, it's non negotiable.

Cons

No formal rotational programs. Work can get get overwhelming during exam season (maybe not a unique thing to this company). No bonuses, just equity.

3.0
20 Feb 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

When I started there it was amazing. Lots of flexibility, good pay, great benefits, and fantastic people to collaborate with. It was a real startup culture.

Cons

Once they started hiring old hats from entrenched and archaic insurance companies to be senior leaders the tone changed. Almost overnight it became just like the institutional insurance companies where you can be stabbed in the back at any moment and you’re only valued if senior leaders can see your work product. If you don’t have regular interactions with them or pat yourself on the back often you are as good as gone.

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