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Former NY Chief Insurance Regulator joins Lemonade

15th June 2022 - Author: Matt Sheehan

Digital insurance company Lemonade has announced the appointment of Scott Fischer as Head of Government Relations and co-General Counsel.

LemonadeAs Lemonade’s first Head of Government Relations, Fischer will provide strategic counsel regarding laws and regulations impacting the company and guide strategy around relationships with key stakeholders throughout the insurance regulatory community.

In addition to serving as Head of Government Relations, Fischer will serve as co-General Counsel alongside Bill Latza, who plans to retire at year end.

Most recently, Fischer was a partner at global law firm DLA Piper, where he represented international, national, and local insurers and producers in their regulatory and compliance activities.

Notably, Fischer worked with New York’s insurance regulator for nearly 10 years, during which time he led a unit supervising approximately 1,700 insurers operating in New York with assets exceeding $4 trillion.

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“I spent years regulating an industry that’s been operating the same way because, simply put, that’s the way it’s always been done. Not with Lemonade,” said Fischer.

“They’ve been challenging this orthodoxy since day one when I granted their license to operate in New York. Now things have come full circle, and I get to be part of the fun, helping Lemonade grow and reimagine the industry in a tech-first world.”

“Scott played a make-or-break role in Lemonade’s early days, as the regulator who scrutinized our business, gave us a hard time, and ultimately gave us our license!” added Daniel Schreiber, Lemonade CEO and cofounder.

“He was a thoughtful, fair minded, and exacting regulator, and his deep familiarity with insurance regulation on the one hand, and Lemonade on the other, make him the ideal leader of our government relations efforts.”

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