Insurtech Lemonade launches in Germany, with reinsurance from AXA

Insurance technology start-up Lemonade has taken its first steps in the European market with the launch of a new policy in Europe, backed by a reinsurance arrangement with AXA Germany.

LemonadeGermany is the first country to offer Lemonade’s Policy 2.0, which is designed to offer consumers contents and liability insurance instantly from any device.