Insurance, Lemonade and $13 million
While the UK peer-to-peer insurance market still seems to be struggling to make a substantial impact; the future for peer-to-peer insurance in the US is looking brighter. This week Sequoia – the major investment group put $13 million into the peer-to-peer start-up operation Lemonade. Why is Sequoia Investing in Peer-to-Peer? The idea of peer-to-peer insurance…