Lemonade Proposes Open Source Insurance Policy for All to Change, Adopt
Technology-focused homeowners and renters insurer Lemonade Inc. has proposed an open source renters insurance policy that anyone can contribute to changing, even its rivals since Lemonade is not copyrighting it. The aim is to develop a policy that is written in language that policyholders can understand and one that allows the customer to easily change the coverage to what they want.