Lemonade is claiming to have set a (fictional) “World Record” for the fastest insurance claim ever paid – 3 seconds.
They sent out a blog post detailing the claim (link below), which was completed using the policyholder’s iPhone 7 and the Lemonade app. From the story:
Between 5:49:07 and 5:49:10, A.I. Jim, Lemonade’s claims bot, reviewed Brandon’s claim, cross-referenced it against his policy, ran 18 anti-fraud algorithms on it, approved it, sent wiring instructions to the bank for the transfer of $729 (Brandon has a $250 deductible), and informed Brandon of the good news.
The
Source of insurance-forums.net
They sent out a blog post detailing the claim (link below), which was completed using the policyholder’s iPhone 7 and the Lemonade app. From the story:
Between 5:49:07 and 5:49:10, A.I. Jim, Lemonade’s claims bot, reviewed Brandon’s claim, cross-referenced it against his policy, ran 18 anti-fraud algorithms on it, approved it, sent wiring instructions to the bank for the transfer of $729 (Brandon has a $250 deductible), and informed Brandon of the good news.
The
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