Lemonade CEO and cofounder Daniel Schreiber tells Disrupt 2018 that being newcomers to insurance allows Lemonade to create something truly different: an insurance company powered by AI and behavioral economics, making it instant, transparent, and delightful.

Lemonade gathers 100X more data than incumbents thanks to the digital infrastructure its built on. So while legacy insurers have an average age of 104, and Lemonade is celebrating its two-year anniversary, the data collected and analyzed in orders of magnitude will allow Lemonade to outperform incumbents.