Lemonade joins ABI following UK launch

Written by Michael Griffiths

31/10/2022

Lemonade has announced that it has joined the Association of British Insurers (ABI) as its latest member.

The insurer recently launched in the UK with its digital approach to contents insurance.

As a Public Benefit Corporation and Certified B-Corp, Lemonade’s Giveback programme, where the company donates leftover premiums to non-profit organisations selected by its customers, will support local causes throughout the UK such as equality, climate change, and poverty.

The insurance company joins around 200 insurance and long-term savings companies who are represented by the ABI, working together to share best practice, contribute to policy discussions and support the insurance industry in the UK and internationally.

ABI director general, Hannah Gurga, said: “We’re delighted to welcome Lemonade to the ABI’s membership. Lemonade will provide a unique perspective to our shared endeavours and we’re looking forward to working with them as the company takes its first steps in the UK market.”

UK country manager at Lemonade, Sarvesh Ramachandran, added: “This is an exciting milestone for our company, to be launching here in such a globally renowned market. We know how highly regarded the ABI is amongst the industry and within the UK’s regulatory regime, and we’re looking forward to joining forces with others across the industry to support our shared goals.”

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