Re:Lemonade files S1
by kccqzy on Monday June 08, 2020 @06:37PM
(#23461563)
They don't need their automated chat bot to handle everything to have a competitive advantage. I once made a claim through Lemonade. My case was simple: my bike was stolen, and I had a police report, a picture of bike, and also the original purchase receipt. My claim was entirely automated.
The point is not to build a chat bot that handles everything, but a chat bot that handles a larger fraction of claims than competitors. And that drives down costs.
The point is not to build a chat bot that handles everything, but a chat bot that handles a larger fraction of claims than competitors. And that drives down costs.