Expanding on Lemonade’s existing partnership with BNP Paribas Cardif, fully digital, AI-powered
Homeowners insurance is now available

Lemonade, the digital insurance company powered by AI and
social impact, today announced the launch of Homeowners insurance in France in partnership with
BNP Paribas Cardif. Millions of occupying homeowners can now purchase extensive coverage for
their home and belongings, featuring the same seamless Lemonade experience customers have
come to know and love.
Today’s launch builds on Lemonade’s entrance into France in December 2020, offering AI-powered
renters insurance to protect residents’ belongings. With Lemonade’s European business making
significant strides in 2023, the launch of Homeowners insurance throughout France will support
the company’s continued growth as it expands globally.
“The European market was our fastest growing business last year,” said Daniel Schreiber,
Lemonade CEO and co-founder. “We’re now graduating from being a monoline to a multi-line
insurer in Europe. Combined with our thriving partnership with a trusted, prestigious brand like
BNP Paribas Cardif, we’re excited for this next chapter for our European business.”
Since partnering over a year ago, BNP Paribas Cardif and Lemonade have seen increasing success
in offering renters insurance throughout France. The partnership, bringing together BNP Paribas
Cardif’s proven advisory expertise and Lemonade’s innovative approach, will evolve with an offer
that is now aimed at homeowners. BNP Paribas Cardif France will be able to propose this
fully-digital home insurance to its distribution partners, and Lemonade will benefit from the deep
experience of an insurer with a widely recognized brand that has been operating in the French
market for 50 years.

Lemonade’s Homeowners insurance is specifically crafted for customers in France, with the ability
to get instantly covered through the Lemonade app, starting from 10 euros per month. On top of
the industry base coverage (fire, water damage, reconstruction costs, civil liability, etc.), the policy
also provides a suite of add-ons to provide full-scope coverage and flexibility, including:
● School Insurance: extended coverage to children up to 18 years old, to provide coverage
during school and extracurricular activities should an accident occur.
● Legal Protection: helping customers in case of disputes with a third party for a wide range
of day-to-day situations (property, retail, work-related, and online reputation).
● Theft Outside the Home: providing protection should someone steal a customer’s
belongings while on the go.
Lemonade is licensed and supervised by the Dutch Central Bank (DNB) and operates in France
under the European Freedom of Services regime, Lemonade European headquarters are located in
Amsterdam. Risks are covered by both BNP Paribas Cardif and Lemonade Insurance N.V., who act
as co-insurers for this offer. Residents of France can now buy a new policy through the Lemonade
App, lemonade.com/fr, or through BNP Paribas Cardif at cardif.fr.

About Lemonade
Lemonade offers renters, homeowners, car, pet, and life insurance. Powered by artificial
intelligence and social impact, Lemonade’s full stack insurance carriers in the US and the EU
replace brokers and bureaucracy with bots and machine learning, aiming for zero paperwork and
instant everything. A Certified B-Corp, Lemonade gives unused premiums to nonprofits selected
by its community, during its annual Giveback. Lemonade is currently available in the United States,
Germany, the Netherlands, France, and the UK, and continues to expand globally.


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