Shai Wininger Archives - Carrier Management

Lemonade Expects to Be in the Black Within Three Years

While Lemonade is still burning cash and reported a net loss on the bottom line of its third-quarter income statement, the InsurTech expects both situations to reverse by year-end 2026. The cash ...

Lemonade Execs Expect ‘Peak Losses’ in 2022

With unfavorable development and product mix changes propelling fourth-quarter and full-year loss 2021 ratios into the 90s—up 20 points over comparable 2020 periods—Lemonade guided shareholders ...

AIG, Lemonade, Among Insurers Who Signed Letter Opposing Laws Restricting Voting Rights

A handful of insurance industry executives signed a letter from hundreds of major companies, corporate leaders and celebrities released on Wednesday stating opposition to laws restricting voting ...

Life Insurance Next for Lemonade: Auto on the Horizon

Lemonade plans to start selling term life insurance in the next 90 days, adding to its current rental, homeowners and pet insurance offerings, the company said in an earnings report released late ...

Lemonade’s European Expansion Begins in Germany

Lemonade is making good on its promise to expand into Europe, with news that it is now open for business in Germany. The New York-based startup said it has started offering contents and liability ...

Ganging Up on Blockchain and Other Hyped Tech Concepts

What is the most hyped InsurTech concept? At the 2017 InsureTech Connect Conference, the favorite answer seemed to be blockchain, although Munich Re Digital Partners CEO Andy Rear was hesitant to ...