SHIFT TECHNOLOGY
LEMONADE
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SHIFT TECHNOLOGY
Shift Technology has made a name for itself by providing AI-native solutions for the global insurance industry . The Parisian firm offers a Software-as-a- Service ( SaaS ) that uses data science to detect networks of fraudsters in insurance . With a team of around 90 developers , data scientists and project managers , Shift Technology is headquartered in Paris , France . Its sister offices are located in Singapore , London , Madrid , Zurich and Hong Kong . The company gained the 5th spot on the Post Insurtech ranking .
LEMONADE
Gained the 4th spot on the Post Insurtech ranking , Lemonade claims to be the “ world ’ s first open source insurance policy ”. Headquartered in New York City , US , Lemonade offers homeowners and renters insurance powered by artificial intelligence and behavioural economics . In 2016 , the firm claimed to set a world record for the fastest claim handled at three seconds . Lemonade is certified B-Corp — a for-profit business dedicated to making a positive impact on society , workers , the community and the environment — and so it takes a flat fee .
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