Insurtech giant Lemonade expands telematics-powered car insurance in US
15-12-2022
Lemonade slows growth to avoid squeezing markets for fresh funds
09-08-2022
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.
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Lemonade, Insurtech, AI, 2023 EBITDA loss, Growth, Inflation, Markets, Insurance, Reinsurance, Technology
