Lemonade - Online insurer aims to take off with new FSD tariff for Tesla customers!

Drivers of Business: Lemonade (LMND) is one of the fastest-growing providers of online insurance in the USA. In recent years, it has consistently expanded its offerings, providing not only homeowners and renters insurance, but also direct auto insurance and pet insurance. By leveraging AI applications, Lemonade optimizes its operational processes, with AI applications being used, for example, in handling claims processes, which has a positive effect on costs. Recently, it surprised with a significantly better than expected Q3 result. The adjusted...