Financials: An Interview With Lemonade Co-Founder Daniel Schreiber
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 29 November 2021
⏱️ 31 minutes
🧾️ Download transcript
Summary
Insurance disruptor Lemonade (NYSE: LMND) may not be one of the year's best stock performers, but there are big things happening in the business that could drive serious long-term shareholder value. In this special episode of Industry Focus: Financials, Lemonade's co-founder and co-CEO Daniel Schreiber joins Fool.com contributor Matt Frankel to discuss how the business has reached this point, why the Lemonade Car rollout is so exciting, and much more.
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Transcript
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| 0:00.0 | Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day. |
| 0:11.0 | I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyple. I'm Dylan Lewis. And today |
| 0:16.0 | we're talking financials. Today we're talking consumer goods. Wild Card Wednesday. |
| 0:20.4 | And we're talking energy. and today we're talking tech. |
| 0:23.0 | Let's dive in. |
| 0:25.0 | It's Monday November 29th. |
| 0:28.0 | I'm your host Jason Moser and on today's financial show we're talking insurance |
| 0:32.0 | with a special guest. |
| 0:34.0 | Daniel Schreiber is the co-founder, CEO, and chairman of Lemonade. |
| 0:38.0 | A modern day insurance company aiming to disrupt the industry through behavioral economics as well as technology like machine learning and artificial intelligence. |
| 0:47.0 | Recently our own Matt Frankel sat down with Mr Schreiber to talk more about the state of the industry today, |
| 0:52.0 | how Lemonade aims to disrupt it, and much more. |
| 0:55.8 | We hope you enjoy their conversation. |
| 0:58.1 | I am joined by Lemonade co-founder and co-ce CEO. I believe I got the title right Daniel Schreiber how are you Daniel |
| 1:04.1 | great good to be with you met excellent so lemonade's one of our favorite stocks to talk about on the show |
| 1:11.1 | and one of our favorites to cover at the Motley Fool. |
| 1:13.6 | But for those who might not be familiar, Lemonade's an insurance company and I'll let you go ahead and give a quick |
| 1:19.1 | description of what makes Lemonade different than the rest of the insurance companies. |
| 1:23.6 | Sure. |
| 1:25.3 | Lemonade's a young company where we've been in market just over five years. |
| 1:29.2 | And what we do is we really bring all the best of social sciences and computer sciences to this sector that has had |
| 1:35.7 | precious little of either. And what that translates into is if you're buying renters and |
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