Lemonade's 2025 Giveback Donates Over $2.1M to Nonprofits

Business Wire

a day ago

NEW YORK--(BUSINESS WIRE)--Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, today announced its 2025 Giveback, marking the ninth consecutive year of turning leftover premiums into life-changing support for communities around the world.
"Our customers don't just protect their property and pets-they're opening doors to clean water in dry African countries, rebuilding communities after disasters, and giving homeless youth the chance to dream bigger."
This year's Giveback donated $2,104,557 to 45 nonprofit organizations across the US and EU. With the 2025 donations, Lemonade has now contributed over $12 million to more than 100 nonprofit organizations since its founding. See the full impact report here.
Unlike traditional insurance models that profit from unclaimed premiums, Lemonade's Giveback program allocates leftover money to causes chosen by customers when they purchase insurance policies. This unique business model transforms insurance from a simple transaction into a powerful force for good—creating a community of insurers, customers, and nonprofit partners working together to solve real problems.
"When our customers choose Lemonade, they're not just protecting their property and pets—they're opening doors to clean water in dry African countries, rebuilding communities after disasters, and giving homeless youth the chance to dream bigger. That's the heart of what we do.
Every policy becomes a bridge between someone protecting the things they care about most, and someone else getting the help they desperately need. After nine years, I'm still moved by how our community transforms insurance from a transaction into an act of hope," said Shai Wininger, co-founder and President.
The 2025 Giveback reached across continents and communities to address some of the world's most pressing challenges. In Uganda, donations brought clean drinking water to 4,000 people in communities long affected by scarcity. In the United States, emergency medical aid and wildfire relief reached 4,000 individuals during critical moments when every second mattered. The impact extended into classrooms, providing educational support for over 294,000 students across 1,700 schools, while also offering STEM education and college prep to more than 3,500 homeless youth in New York City—opening doors to futures that once seemed out of reach. Meanwhile, affordable housing projects helped 30 families across the country build not just homes, but also stability, dignity, and hope for generations to come.
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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Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this press release are forward-looking statements, including the global expansion of the Company and the continuation of the Company's Giveback program. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results or achievements expressed or implied to be materially different from any future results or achievements, including, but not limited to the following: the possibility that we could be forced to modify or eliminate our Giveback; our ability to expand our product offerings; and risks associated with any costs incurred and other risks as we expand our business in the U.S. and internationally.
These and other important factors are described under the caption 'Risk Factors' in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 filed on February 26, 2025, and in our other subsequent filings with the SEC, could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management's beliefs as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.
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