Articles from Lemonade

Lemonade (NYSELMND), the digital insurance company powered by AI and social impact, today announced that Chief Financial Officer, Tim Bixby, is scheduled to present at Oppenheimer’s 27th Annual Technology, Internet & Communications Conference. The virtual fireside chat will take place on Monday, August 12 at 2:55 pm ET.

Lemonade (NYSELMND), the digital insurance company driven by AI and social impact, announced its 2024 Giveback, marking the eighth consecutive year of giving back to dozens of local and global charities chosen by customers.

Lemonade, the digital insurance company powered by AI and social impact, today announced the launch of Buildings and Contents insurance in the United Kingdom. Expanding the company’s home insurance offerings, homeowners throughout the UK can now purchase extensive coverage for their home and belongings.

Lemonade (NYSELMND), the digital insurance company powered by AI and social impact, announced that its reinsurance program is being renewed. It was led by the same tier-one carriers as the expiring treaty and was oversubscribed on all dimensions.

Lemonade, the digital insurance company powered by AI and social impact, today 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 belongings, featuring the same seamless Lemonade experience customers have come to know and love.

Lemonade (NYSELMND), the digital insurance company powered by AI and social impact, today announced the extension and expansion of its financing relationship with General Catalyst (GC) - AKA ‘Synthetic Agents’ - whereby GC finances up to 80% of Lemonade’s spending specifically related to customer acquisition cost (CAC).

Lemonade (NYSELMND) (the “Company”), the digital insurance company powered by AI and social impact, announced it has named two new members to its Board of Directors, Deb Schwartz and Dr. Samer Haj-Yehia, effective immediately. The newly named Directors will succeed departing Directors Irina Novoselsky and Silvija Martincevic.

Lemonade (NYSELMND) (the "Company"), the digital insurance company powered by AI and social impact, today announced the welcoming of its two millionth customer. The pace to achieve the second million customers was 35% faster than the first million, which was achieved in late 2020, while premium per customer increased approximately 70% over the same period. More notably, net operating loss, as compared to gross earned premium, roughly halved over the same period. Taken together, these improvements are a testament to Lemonade’s structural technological advantage and overall scalability.

Lemonade, Inc. (NYSELMND) has released its third quarter 2023 financial results by posting them to its website. Please view the Q3 2023 financial results in the Letter to Shareholders on the company’s investor relations website.

Lemonade, Inc. (NYSELMND) has released its second quarter 2023 financial results by posting them to its website. Please view the Q2 2023 financial results in the Letter to Shareholders on the company’s investor relations website.

Lemonade, (NYSELMND) the digital insurance company driven by AI and social impact, announced its 2023 Giveback, marking the seventh consecutive year of giving back to dozens of local and global charities chosen by customers.

Lemonade (NYSELMND), the digital insurance company powered by AI and social impact, announced it has partnered with General Catalyst (GC), a leading venture firm and an early investor in Lemonade, to create Synthetic Agents, a novel financial structure that unlocks growth without depleting cash.

Lemonade (NYSELMND), the digital insurance company powered by AI and social impact, announced that its reinsurance program has been renewed in good time and on good terms. The Lemonade program is led by the same tier-one carriers as the expiring and was oversubscribed on all dimensions.

Lemonade, Inc. (NYSELMND) has released its first quarter 2023 financial results by posting them to its website. Please view the Q1 2023 financial results in the Letter to Shareholders on the company’s investor relations website.

Lemonade, Inc. (NYSELMND) today announced it will release its first quarter 2023 financial results on Wednesday, May 3, 2023 after market close. Lemonade will host a conference call the following day, Thursday, May 4, 2023 at 8:00 am Eastern time (5:00 am Pacific time) to discuss the results.

Lemonade (NYSELMND), the digital insurance company powered by AI and social impact, today announced the launch of Lemonade Car in Oregon, marking the fifth state where the full suite of Lemonade insurance products are available.

Lemonade, Inc. (NYSELMND) has released its fourth quarter and full year 2022 financial results by posting them to its website. Please view the Q4 2022 financial results in the Letter to Shareholders on the company’s investor relations website.

Home insurance is an essential pillar among the personal protection solutions used by French consumers. To meet the expectations of customers, in particular younger generations, BNP Paribas Cardif is partnering with Lemonade to offer renters insurance.

Lemonade (NYSELMND), the digital insurance company powered by AI and social impact, today announced the launch of Lemonade Car in Texas, making it the latest state to offer the company’s telematics-enabled car insurance and also the full suite of Lemonade insurance products.

Lemonade (NYSELMND), the insurance company powered by AI and social impact, today launched in the United Kingdom. Residents across the UK can now get Lemonade Contents insurance instantly, from anywhere, on any device, as well as file claims and get paid in seconds.

Lemonade (NYSELMND), the insurance company powered by AI and social impact, today announced the close of its divestiture of Metromile’s Enterprise Business Solutions (EBS) to digital insurance platform, EIS. EBS was Metromile’s SaaS claims automation and fraud detection platform which it licensed to large insurance carriers.

Lemonade (NYSELMND), the insurance company powered by AI and social impact, today announced the closing of the acquisition of car insurance provider Metromile. Metromile shareholders received 7.3 million LMND shares, while Lemonade received a business with over $155m in cash, over $110m in premiums, an insurance entity licensed in 49 states, and a team unsurpassed in harnessing precision data for auto insurance.

Lemonade (NYSELMND), the digital insurance company powered by social impact, today announced the appointment of Scott Fischer as Head of Government Relations and co-General Counsel of Lemonade Insurance Company.

Lemonade, the insurance company powered by AI and social good, today announced the appointment of Sean Burgess as Chief Claims Officer.

Lemonade, Inc. (NYSELMND) has released its third quarter 2021 financial results by posting them to its website. Please view the Q3 2021 financial results in the Letter to Shareholders on the company’s investor relations website.

Lemonade (NYSELMND) the insurance company powered by AI and social good, and Metromile (NASDAQ: MILE, MILEW), the data science company focused on auto insurance, have entered into a definitive agreement pursuant to which Lemonade will acquire Metromile in an all-stock transaction that implies a fully diluted equity value of approximately $500 million, or just over $200 million net of cash. Under the terms of the transaction, Metromile shareholders will receive Lemonade common shares at a ratio of 19:1. (Read more on why Lemonade is acquiring Metromile)

Lemonade, the insurance company powered by AI and social good, today unveiled its newest product - Lemonade Car - designed to bring a fresh, tech-first approach to the category. Lemonade Car is now available in Illinois and will be rolling out nationwide.

Lemonade, the insurance company powered by AI and driven by social good, announced a new addition to Lemonade Pet, its pet health insurance product with super fast everything. Today, Lemonade Pet launched a new preventative care package designed specifically for the youngest furry family members: puppies and kittens under two years old.

Lemonade, Inc. (NYSELMND) has released its second quarter 2021 financial results by posting them to its website. Please view the Q2 2021 financial results in the Letter to Shareholders on the company’s investor relations website.

Lemonade, Inc. (NYSELMND) has released its first quarter 2021 financial results by posting them to its website. Please view the Q1 2021 financial results in the Letter to Shareholders on the company’s investor relations website.

Lemonade, the insurance company powered by artificial intelligence and behavioral economics, announced it has elected two new members to its board of directors, Irina Novoselsky and Silvija Martincevic, effective immediately.

Lemonade, the insurance company powered by artificial intelligence and behavioral economics, announced it is readying ‘Lemonade Car’ for launch within the year. Early registration is now open at www.lemonade.com/car.