Lemonade Lays Off Metromile Employees Immediately

Immediately after Lemonade closed its deal of Metromile on July 28, job boards lit up with news of layoffs at the acquired company. Former Metromile employees have been posting the news on LinkedIn, ...

Lemonade Closes Deal for Metromile

Digital insurer Lemonade said it has closed the acquisition of pay-per-mile car insurance provider Metromile in an all-stock transaction. Metromile shareholders received 7.3 million Lemonade shares, ...

Beyond the Hype: How to Value InsurTechs

Why is it so hard for property/casualty insurance carrier professionals to accept the idea that InsurTechs are bringing value to the insurance industry—and changing it for the better? I have found ...