All the headlines from our Lemonade Insurance Topic Page, ordered by recency.
Mar 24 2022 // Lemonade Squeezes into Tennessee Auto MarketLemonade, an insurtech and property insurance company that has generated quite a bit of buzz – and questions – around the industry, announced it has launched auto insurance...
Feb 25 2022 // With unfavorable development and product mix changes propelling fourth-quarter and full-year loss 2021 ratios into the 90s—up 20 points over comparable 2020 periods—Lemonade guided shareholders that results will get...
Feb 15 2022 // Digital insurer Lemonade has expanded its pet insurance into the state of Massachusetts, marking the 37th state where it’s available.The pet policies cover dogs or cats. According to the insurer, Massachusetts has...
Feb 2 2022 // Metromile said its stockholders have approved its acquisition by digital insurer Lemonade. The transaction is expected to close in the second quarter pending regulatory approval.The pay-per-mile auto insurance provider...
Nov 29 2021 // Lemonade named Sean Burgess chief claims officer.Burgess will oversee the company’s key claims functions across the U.S. and EU. Burgess will be filling the role of Jim Hageman, Lemonade’s first hire in this...
Nov 24 2021 // Lemonade, the insurance company powered by artificial intelligence, appointed Sean Burgess as chief claims officer. As part of this move, Burgess will be filling the role of Jim Hageman, Lemonade’s first hire in this...
Nov 9 2021 // Digital insurer Lemonade plans to acquire California-based pay-per-mile auto insurance startup Metromile in an all-stock transaction as it continues to expand, Carrier Management reported.With the agreement, the New...
Nov 3 2021 // Home, renters and pet insurer Lemonade is deploying its artificial intelligence, behavioral economics and social good mantra with its newest product, Lemonade Car.Lemonade Car is designed to offer better auto insurance...
Apr 20 2021 // Lemonade, the insurance company that uses artificial intelligence and behavioral economics, plans to add car insurance to its current renters, homeowners, pet and life insurance offerings in the U.S.The insurtech announced...
Jan 15 2021 // Digital insurer Lemonade has announced plans to sell 3 million shares of common stock to raise money for “general corporate purposes.”The New York-based insurtech could raise as much as $808 million, according...
Dec 28 2020 // The best-performing listing of 2020 is poised to enter the new year with extra volatility after insider selling restrictions expire this week.Insurance provider Lemonade Inc. is trading more than 350% above its July 1...
Dec 9 2020 // Lemonade, the New York City-based insurance company powered by artificial intelligence and behavioral economics, has launched in France.The launch marks the third EU country Lemonade has entered, following the...
Nov 13 2020 // Lemonade plans to start selling term life insurance in the next 90 days, adding to its current rental, homeowners and pet insurance offerings, the company said in an earnings report this week.During an investor conference...
Sep 24 2020 // Next Insurance secured another $250 million in financing designed to fuel continued national expansion of its digital small business insurance offerings.CapitalG, Alphabet/Google’s independent growth fund, led the...
Aug 21 2020 // Lemonade, an insurtech selling home, renters and now pet insurance, lost money in its 2020 second quarter, according to its first earnings disclosure as a public company.That’s not a surprise, as the strategy for the...
Jul 2 2020 // Lemonade Inc., the online home insurance provider backed by SoftBank Group Corp., jumped as much as 86% after raising $319 million in its U.S. initial public offering.[inline-ad-1] Shares of the company opened at $50.06...
Jul 1 2020 // SoftBank Group Corp.-backed insurance startup Lemonade Inc on Wednesday increased the target range for its U.S. initial public offering, looking to raise up to $308 million at a market capitalization of $1.54 billion.The...
Jun 25 2020 // Insurance startup Lemonade Inc., which is backed by SoftBank Group Corp., said on Thursday it was looking to raise up to $286 million in its U.S. initial public offering (IPO), as the IPO market gains momentum after...
Jun 9 2020 // Home and renters insurer Lemonade disclosed plans for an initial public offering worth as much as $100 million.The New York-based insurtech has applied to use “LMND” as its ticker symbol for the New York Stock...
Apr 2 2020 // Lemonade, the New York-based insurer that is powered by artificial intelligence, has launched in a second European country – the Netherlands.Dutch consumers can now get contents and liability insurance instantly,...