Lemonade, the US-based digital insurance company driven by AI and social impact, has marked the eighth consecutive year of giving back to a number of local and global charities selected by customers.
As part of its ‘2024 Giveback’, Lemonade donated $2,112,608 to 43 nonprofits globally, supporting causes including healthcare, education, climate, global poverty, and animal rights. Customers are able to choose a nonprofit to support when signing up for a Lemonade renters, homeowners, car, or pet insurance policy.
“Social impact is a core pillar of who we are as Lemonade and has been since the very beginning,” explained Shai Wininger, co-founder and president of Lemonade. “The tangible impact of our Giveback programme with more than $10million donated since Lemonade’s founding underscores the profound difference companies like ours can make. Giveback reflects the collective power of community and its ability to drive meaningful change, and that’s something we’re very proud of.”
One beneficiary was Pencils of Promise, a nonprofit focused on access to quality education for children, which plans to use Lemonade donation to build an entire school for a community in Ghana, supporting over 200 students each year.
“We believe every child should have access to quality education, driving our mission to create safe and healthy learning environments where students can reach their full potential,” said Brad Wisdom, chief global advancement officer at Pencils of Promise. “This year marks five years working with Lemonade’s Giveback programme, and it’s been amazing to see the partnership grow over that time. We’ve been able to provide technology resources to schools, clean drinking water to thousands of classrooms, and now we’re building an entire school directly from this year’s Giveback donation – an incredible opportunity to impact so many children’s lives.”