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Here's Why Lemonade's Competitive Moat Is So Strong

TheMotleyFool

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Here's Why Lemonade's Competitive Moat Is So StrongPhoto, wide shot, wide-angle lens, Reinsurance company, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/490045fb-8676-41a9-be7a-bcf4281c7d92.png

Lemonade (NYSE: LMND) has achieved tremendous success with its disruptive approach to insurance. But there's a natural question shareholders often ask: "What is to stop one of the massive insurance giants from copying Lemonade's business model?"

In this interview, recorded on Nov. 29, Fool.com contributor Matt Frankel asks Lemonade co-founder and co-CEO Daniel Schreiber that exact question.

Source Fool.com

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