Deb Schwartz and Dr. Samer Haj-Yehia be a part of the Lemonade board, changing the departing administrators Irina Novoselsky and Silvija Martincevic.

Schwartz is presently the chief monetary officer at H1, a healthcare information know-how firm, and was beforehand the CFO at Cameo, the superstar video agency.

As well as, she spent greater than a decade as an fairness analyst with Goldman Sachs and Credit score Suisse.

Haj-Yehia was the group government chairman of Financial institution Leumi till October 2023. Underneath his management, Leumi grew to become the biggest and most effective financial institution in Israel.

“Deb and Samer carry distinctive data and experience to the Board and firm—Deb being a real chief and trailblazer in enterprise, healthcare, and the ever-evolving media panorama; and Samer, an extremely esteemed economist who has damaged limitations all through his profession,” stated Daniel Schreiber, Lemonade co-founder and co-CEO. “Their values and breadth of expertise will assist Lemonade proceed to develop and innovate. We’re additionally massively grateful to Irina and Silvija for his or her years of service to our board and firm, particularly throughout a interval of transformative development.”

“I’ve centered a lot of my profession on creating enterprise and monetary methods that drive development and innovation,” Schwartz famous. “I stay up for working with Daniel, Shai, and the Lemonade board and management crew as the corporate continues on its path to profitability.”

“I’ve lengthy shared Daniel and Shai’s perception that the facility of know-how and synthetic intelligence have the flexibility to remodel industries, particularly centuries-old industries like insurance coverage,” added Dr. Haj-Yehia. “Lemonade is doing precisely that, and I’m honored to hitch the corporate’s board of administrators at this pivotal time.”

Earlier in 2023, French insurance coverage agency BNP Paribas Cardif has teamed up with Lemonade to supply renters insurance coverage.

The insurance coverage coverage, which is aimed toward youthful clients, offers standard protections together with private legal responsibility insurance coverage and covers harm to private property contained in the insured residence.

Moreover, the insurance coverage affords coverages tailor-made to the calls for of the French market and locals comparable to the flexibility to regulate protection limits and choose extra protection for prime worth belongings, amongst others.

The coverage subscription and claims submission are 100% on-line and clients can entry it through the businesses’ web sites and Lemonade’s app.

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