All the headlines from our Lemonade Insurance Topic Page, ordered by recency.
Nov 18 2022 // Insurtech Lemonade booked a third-quarter net loss of $91.4 million compared with a net loss of $66.4 million during the same quarter last year, but in a letter to shareholders, the company said both top and bottom lines...
Oct 3 2022 // Lemonade, the New York City-based insurtech that is powered by artificial intelligence, has launched in the United Kingdom, following previous international moves in France, Germany, and the Netherlands.Founded in 2015,...
Aug 9 2022 // Insurtech Lemonade said it booked a second quarter net loss of $67.9 million compared with a net loss of $55.6 million during the same quarter last year, but in a letter to shareholders the company said returns will soon...
Aug 9 2022 // Remember when Lemonade made a big splash, telling us that they were going to shake the whole insurance world and disrupt everything? Since they are in the news right now, I thought today’s a good day to check back in...
Aug 4 2022 // EIS, a system and digital insurance platform provider, has acquired San Francisco, California-based Metromile’s Enterprise Business Solutions, a SaaS-based claims automation and fraud detection system from...
Aug 1 2022 // Immediately after Lemonade closed its deal of Metromile July 28, job boards lit up with news of layoffs at the acquired company.Former Metromile employees have been posting the news on LinkedIn, with others offering...
Jul 28 2022 // Digital insurer Lemonade said it has closed of the acquisition of pay-per-mile car insurance provider Metromile in an all-stock transaction.Metromile shareholders received 7.3 million Lemonade shares, while Lemonade...
Jun 16 2022 // Liberty Mutual Name Foley, Ughetta to New PostsLiberty Mutual Insurance announced that Melanie Foley has been named executive vice president and chief administration officer, effective July 2022. Foley previously served as...
Jun 15 2022 // Lemonade announced the launch of car insurance in Ohio, making the Buckeye State the third state to feature availability of Lemonade‘s newest environment-friendly product.The New York-based insurtech pledges to offer...
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...