Lemonade plots widened 2023 EBITDA loss as growth forced to slow

23-02-2023

Lemonade plots widened 2023 EBITDA loss as growth forced to slow

Daniel Schreiber, co-founder and CEO of Lemonade

AI-powered upstart insurtech Lemonade will extend its adjusted EBITDA loss in 2023 to some $240-245 million from $225 million in 2022 alongside somewhat muted growth of premium in-force as inflation disincentivises some lines, management told markets.


Lemonade, Insurtech, AI, 2023 EBITDA loss, Growth, Inflation, Markets, Insurance, Reinsurance, Technology

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