November 29, 2021
Lemonade named Sean Burgess chief claims officer. Burgess will oversee the company’s key claims functions across the U.S. and EU. Burgess will be filling the role of Jim Hageman, Lemonade’s first hire in this role when founded six years ago. …
November 24, 2021
Lemonade Appoints Burgess as Chief Claims Officer Lemonade, the insurance company powered by artificial intelligence, appointed Sean Burgess as chief claims officer. As part of this move, Burgess will be filling the role of Jim Hageman, Lemonade’s first hire in …
November 9, 2021
Digital insurer Lemonade plans to acquire California-based pay-per-mile auto insurance startup Metromile in an all-stock transaction as it continues to expand, Carrier Management reported. With the agreement, the New York-based insurtech stands to gain a national foothold in car insurance, …
November 3, 2021
Home, renters and pet insurer Lemonade is deploying its artificial intelligence, behavioral economics and social good mantra with its newest product, Lemonade Car. Lemonade Car is designed to offer better auto insurance prices for safe and low-mileage drivers, as well …
October 8, 2021
Getsafe, a digital MGA based in Germany, raised another $63 million in funds, with plans to use the added cash to fund its own insurance license by the end of 2021 and accelerate its European expansion. A number of new …
April 20, 2021
Lemonade, the insurance company that uses artificial intelligence and behavioral economics, plans to add car insurance to its current renters, homeowners, pet and life insurance offerings in the U.S. The insurtech announced it is readying what it calls Lemonade Car …
January 15, 2021
Digital insurer Lemonade has announced plans to sell 3 million shares of common stock to raise money for “general corporate purposes.” The New York-based insurtech could raise as much as $808 million, according to its regulatory filing announcing the stock …
December 28, 2020
The best-performing listing of 2020 is poised to enter the new year with extra volatility after insider selling restrictions expire this week. Insurance provider Lemonade Inc. is trading more than 350% above its July 1 initial public offering price, the …
December 9, 2020
Digital MGA Getsafe disclosed $30 million in new financing led by new investor Swiss Re. The Heidelberg, Germany-based InsurTech said the money will help build its market dominance among millennials in its home country and beyond. Specifically, a push into …
December 9, 2020
Lemonade, the New York City-based insurance company powered by artificial intelligence and behavioral economics, has launched in France. The launch marks the third EU country Lemonade has entered, following the Netherlands’ launch earlier this year, and Germany in June 2019. …