Lemonade, Metromile, Root struggle to reach underwriting profits

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The venture-backed full-stack US insurtech startups continued to show rapid premium growth in the second quarter of 2018 with moderately lower underwriting losses but they have yet to generate a sustainable loss ratio under 100 percent, according to “The Second Quarter in InsurTech Start-up Financials” by Matteo Carbone and Adrian Jones.

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Lemonade, Metromile, Root, Insurtech, North America, Next Insurance, Underwriting profit

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Lemonade, Metromile, Root struggle to reach underwriting profits

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