Is Lemonade the Long-Term Stock for You?

The World Economic Forum says that the fourth industrial revolution is upon us. The organization uses this phrase to describe the ongoing automation of the world, powered by widespread smartphone usage, Internet of Things devices, decentralized systems, and big data analytics which has given rise to machine learning and artificial intelligence.

One company positioned on the cutting edge of the fourth industrial revolution is Lemonade (NYSE: LMND), a player in the emerging field of insurance technology -- insurtech for short. And the potential for its tech-focused approach to the staid field of insurance makes it an appealing long-term investment option.

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Source Fool.com