Lemonade - Rising Premium Income Leads to Strong Growth for Direct Insurers!

Business drivers: Lemonade (LMND) is one of the leading providers in the online insurance sector in the USA and has recently strengthened its position in online car insurance thanks to the acquisition of Metromile. By utilizing AI applications, Lemonade optimizes its operations in its day-to-day business, with AI applications being employed, for instance, in processing claims. Accordingly, Lemonade is able to offer significantly lower rates compared to conventional insurers, which is reflected positively in its customer growth. On February...