Lemonade CEO Calls 2023 ‘The Year When the Plan Came Together’ February 29, 2024 By Chad Hemenway Insurtech Lemonade reported a fourth quarter 2023 net loss of $42.4 million and a net loss of about $237 million...
Insurtechs Unite to Launch InsurTech Coalition November 30, 2023 Members from several insurtechs, including Boost, Branch, Clearcover, Lemonade and Root Insurance, published an open letter to the insurance industry...
Lemonade Expects to Be in the Black Within Three Years November 3, 2023 By Susanne Sclafane While Lemonade is still burning cash and reported a net loss on the bottom line of its third-quarter income statement,...
Lemonade Posts Q2 Loss of $67.2M, Reviews Homeowners Book August 3, 2023 Artificial intelligence-powered insurer Lemonade recorded a net loss of $67.2 million for the second quarter compared with a net loss...
‘Synthetic’ Agents? Lemonade Says Finance Deal Limits Cash Burn July 5, 2023 By Susanne Sclafane Late last week, Lemonade announced a financial agreement to borrow 80% of the costs it incurs to acquire insurance customers...
With Rate Increases Still Pending, Lemonade Is Slowing Growth in ’23 February 23, 2023 By Susanne Sclafane Executives of insurtech Lemonade say they’re slowing down growth in 2023, as the company waits for regulators to approve rate...
Lemonade Records Net Loss, Top and Bottom Line Growth November 18, 2022 By Allen Laman Insurtech Lemonade booked a third-quarter net loss of $91.4 million compared with a net loss of $66.4 million during the...
Insurtech Lemonade Launches in UK October 3, 2022 Lemonade, the New York City-based insurtech that is powered by artificial intelligence, has launched in the United Kingdom, following previous...
Lemonade Records Another Q2 Loss, Changes Pace For Profitability August 9, 2022 By Chad Hemenway Insurtech Lemonade said it booked a second quarter net loss of $67.9 million compared with a net loss of $55.6...
How Different is Lemonade? August 9, 2022 By Patrick Wraight Remember when Lemonade made a big splash, telling us that they were going to shake the whole insurance world and...