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Lemonade Remains in the Red With $68M Loss in Q3

Oct 31 2024 // Insurtech Lemonade reported a third quarter 20243 net loss of nearly $68 million and a year-to-date loss of $172.2 million.Results were in comparison to a net loss of $61.5 during the same quarter and a loss of $194.5 as...

Markets/Coverage: Lemonade Expands Home Insurance Offering in UK

Jul 16 2024 // Lemonade, the New York-based insurtech, announced the launch of buildings and contents insurance in the United Kingdom in partnership with insurer Aviva.Expanding the company’s home insurance offerings in the UK,...

Insurtechs Root, Lemonade Book Q1 Net Income Losses but Each Tout Progress

May 1 2024 // Insurtech Root Inc. posted a net loss for the first quarter 2024 of $6.2 million but said it recorded operating income for the first time in the company’s history.The net income loss for the first three months of the...

Markets/Coverages: Lemonade Launches Homeowners Insurance in France

Apr 9 2024 // Lemonade, the New York-based insurtech, announced the launch of homeowners insurance in France in partnership with BNP Paribas Cardif.Millions of occupying homeowners can now purchase extensive coverage for their home and...

Lemonade CEO Calls 2023 ‘The Year When the Plan Came Together’

Feb 29 2024 // Insurtech Lemonade reported a fourth quarter 2023 net loss of $42.4 million and a net loss of about $237 million for the full year but its chief executive said the company has seen “dramatic progress.”Results...

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