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Among growth stocks, Lemonade (LMND) is now my favorite for new long maneuvers within the insurance sector. I see five reasons for a continuation of the trend: The customer base has grown by 20% to 2.7 million members. The AI chatbot Maya approves insurance applications in 90 seconds and processes 50% of claims independently. AI improved the gross loss ratio in the second quarter to a record of 67%. This is expected to reduce the reinsurance ratio from 55% to 20%. Retaining more premiums should positively impact revenue. Lemonade Car...
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