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posted by martyb on Thursday May 17 2018, @03:05AM   Printer-friendly
from the lawyers-are-expensive-crowds-are-cheap dept.

The Lemonade Insurance Agency of New York has announced an 'open source' insurance policy that anyone can edit, according to Insurance Business America Magazine.

That this particular magazine's subject matter rarely intersects with anything 'open source' is made clear with gems like these:

Because the policy is open source, it’s not copyrighted

[Zomg, ] Lemonade’s competitors have access to it.

Despite the varying quality of the press coverage, the Lemonade Agency is forging what is probably new ground in the insurance business with what they are calling Policy 2.0.

From the Insurancebusinessmag article:

"As avid open source evangelists, we believe that bringing consumers and professionals together in an effort to co-create an insurance policy, will result in a better and fairer insurance product for the 21st century."

The policy is published on the Policy 2.0 Github under the GNU Free Documentation License, Version 1.3 or later.

Also at TechCrunch and Business Wire.


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  • (Score: 0) by Anonymous Coward on Friday May 18 2018, @01:16AM

    by Anonymous Coward on Friday May 18 2018, @01:16AM (#680959)

    What health care insurance voluntary?

    My guess is you've been paying zero attention to basic reality and are an ideological moron. Someone that might make such a stupid assumption that humanity as a whole would be better off if everyone would enter into voluntary contracts.... a nice assumption, an idealistic one, but oh man how stupid.