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Levels of innovation in Lemonade

Authored by Vanesa Barrales Molina

Social Studies

University

Used 2+ times

Levels of innovation in Lemonade
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7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In some degree, Lemonade is innovating in RADICAL level because...

They are offering totally new services to HENRYs...

They are working with totally new processes in the industry: chatbots, artificial intelligence...

They are opening a new market, supporting a great level of risk

All answers are false

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In some degree, Lemonade is innovating in RADICAL level because...

They are offering totally new services to HENRYs...

They are working with totally new processes in the industry: chatbots, artificial intelligence...

They are opening a new market, supporting a great level of risk

All answers are false

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The best level of innovation to classify LEMONADE is...

INCREMENTAL

RADICAL

BREAKTHROUGH

DISRUPTIVE

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

About disruption in insurance industry...

Still it is very soon to confirm that disruption has been completed in the industry

Incumbent are still the big players of the sector

Many insurtech companies are working to achieve such disruption

All answers are correct

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If we review earning report of Lemonade...

They are increasing customers year over year...

They are a profitable company in 2023

They reached the breakeven in 2022

All answers are correct

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

About the Lemonade stock price...

It is increasing little by little due to investors' expectations

There was a hype two years ago, but now price ir really low

It is too high because Lemonade will be profitable in next year

All answers are false

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

About Metromile...

Is the company bought by Lemonade last summer

It is a car insurer with important digital capabilities and many licenses to work in different states...

Its customer pay according to the miles they drive...

All answers are correct

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