May 6, 2022
Suffolk University professors are bringing their expertise in behavioral economics to Gen Re through a new business relationship designed to benefit the reinsurer’s clients in the areas of underwriting, marketing, client engagement, customer service and more. Behavioral economics draws from …
March 22, 2018
Lemonade, the insurance company powered by artificial intelligence and behavioral economics, has launched in both Pennsylvania and Washington D.C. It announced the expansion on social media. These mark the sixth and seventh states in which the company currently offers renters, …
October 9, 2017
University of Chicago’s Richard H. Thaler, one of the founders of behavioral economics and finance, was awarded the 2017 Nobel Prize in Economics for shedding light on how human weaknesses such as a lack of rationality and self-control can ultimately …
August 2, 2017
Lemonade, the insurance company powered by artificial intelligence and behavioral economics, is now available throughout New Jersey, marking the fourth state in its nationwide expansion strategy. Residents of New Jersey can now buy homeowners and renters insurance at lemonade.com or …
February 24, 2016
A company that openly berates the current insurance industry as one that sucks believes that adding behavioral science to the mix will help fix it. The New York-based startup Lemonade, which is promising to be a revolutionary peer-to-peer insurer, announced …