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Lemonade Insurance

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Lemonade Insurance reviews

3.5

61% would recommend to a friend

(632 total reviews)
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Daniel Schreiber

75% approve of CEO

64% positive business outlook

Lemonade Insurance has an employee rating of 3.5 out of 5 stars, based on 632 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Lemonade Insurance employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

632 reviews
2.0
May 24, 2023

Fake pretended values

Recommend
CEO approval
Business Outlook

Pros

Great colleagues Pleasant working environment

Cons

Lemonade claims to adhere to work ethics and moral values within the company, but after several years with the organization, I can only partially confirm it. The management has, unfortunately, also failed in its long-term strategic vision. After an incredibly great first few years, the leadership decided to expand to countries and products in an unprofessional manner that jeopardized the employees' job security and cut the share price by more than 80%. Despite the highest expectations, LMND's poor insurance product received the worst European rating and could not compete with other competitors. Products such as Life, Pet, and Car drive the loss ratio so high that the company can hardly recover from it. In addition, the company offers little opportunity for employees to grow or advance in their careers. That they are now laying off numerous employees who have worked very hard for years to grow the company is a continuation of this disappointing leadership decision. Particularly shocking is a case where an employee, fired after years of service, notified the company a month earlier that his wife had cancer.

2.0
May 24, 2023
Recommend
CEO approval
Business Outlook

Pros

The only pro is the benefits and PTO

Cons

They'll treat you like a metric and only care about your performance, nothing else. They will let you fail.

Viewing 229 - 231 of 632 Reviews

Glassdoor has 670 Lemonade Insurance reviews submitted anonymously by Lemonade Insurance employees. Read employee reviews and ratings on Glassdoor to decide if Lemonade Insurance is right for you.