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Leading InsurTech startup flaunts philanthropic business model


Source: Property Casualty 360

Lemonade Insurance announced today that 14 charitable organizations, which were selected by policyholders, will become the beneficiaries of donations that together total 10% of the company’s revenues to date.

The startup’s "2017 Giveback" campaign is "something our entire community can be very proud of," Lemonade CEO and cofounder Daniel Schreiber said in a press release.

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