Re:Show HN: Lemonade – the world's first P2P insurance company
by jsloss on Wednesday September 21, 2016 @06:35PM
(#12552868)
Not sure how to answer your question directly but perhaps you're missing a bigger point. The price and ease of use difference compared to legacy companies is huge.
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Re:Show HN: Lemonade – the world's first P2P insurance company
by allendoerfer on Wednesday September 21, 2016 @06:41PM
(#12552910)
Was not criticizing the company at all, just wondering why it calls itself P2P and whether my payback model would work.
Re:Show HN: Lemonade – the world's first P2P insurance company
by daschreiber on Wednesday September 21, 2016 @06:51PM
(#12552979)
Daniel from Lemonade here. Totally understand how P2P can be confusing as a term. What we mean by it is that we use each group's premiums to pay their claims, with leftover money going back to the group's common cause. To us P2P is a shorthand for: 'it's not our money'!
Re:Show HN: Lemonade – the world's first P2P insurance company
by madebysquares on Wednesday September 21, 2016 @07:32PM
(#12553195)
While I understand the sentiment it seems like a confusing message to put out there. With the "P2P" label when it's not a typical P2P model.