Lemonade will seek to raise up to $100m (£78.5m) via an initial public offering, with its prospectus shedding snippets of insight into its past, present and future.
Insurance Covid-Cast: Insurtech 100 special - Lemonade CEO Daniel Scheiber talks AI, European expansion and IPOs
The CEO and co-founder of Lemonade has declared young IPOs better for the long term viability of new technology businesses because it prevents them getting stuck in a state of ‘protracted adolescence,’ comforted by the ‘cocoon’ of private equity.
One of the original insurtech poster children, Trov recently pulled its personal lines offering in the UK and quickly followed this up by partnering with Lloyds and Halifax on renters’ insurance. Trov CEO and co-founder Scott Walchek sat down with Jen…
Research by Willis Towers Watson has revealed that $1.99bn (£1.52bn) of global investment into insurtechs in the final quarter of 2019 propelled the yearly total to a record $6.35bn, a leap of 52% on the previous year.
I wasn’t surprised to see that Lemonade has reportedly shelved its plans for an initial public offering, amid troubles in investor Softbank’s portfolio.
US-based insurtech Lemonade has hired Jeff Brooks as chief marketing officer.
Amid rumblings in the tech sector and trouble at We Work, which could drive more insurtechs to seek a sale to incumbents, Lemonade has reportedly put its initial public offering on hold.
In a week that was dominated by personal injury fracas, the revelation that Thomas Cook self-insured against all but the “very largest” PI claims may well take the cake for biggest botch up.
Three insurtechs have pulled out of the insurance market so far this year, raising questions around the efficacy of selling insurance to millennials and whether more of these firms will fall.
New York-based insurtech Lemonade has launched in Germany.
In the commercial space, artificial intelligence has the potential to enable an insurer to get all the information it needs to write a risk in a matter of hours and support customers’ risk management activity, but only if it is deployed appropriately
As the Insurtech 100 publishes, Post caught up with some of the firms listed across Europe, USA and Asia to reflect on the past 12 months, the future, favourite apps and food
Amanda Blanc’s move from Axa to Zurich was perhaps the most talked about people move of 2018. The Association of British Insurers chair spoke to Jen Frost about her plans for the business in the coming year
Insurance has struggled to attract talent in recent years, finding itself competing with ‘sexier’ industries
Lemonade's success in cutting its underwriting losses could encourage other insurtechs to become carriers, market analysts suggest.