Lemonade's lack of legacy pressure will be advantage in auto market, CFO says
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Lemonade's lack of legacy pressure will be advantage in auto market, CFO says

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Flat pricing and margins in the auto insurance industry this year due to an influx of drivers could benefit younger companies with less legacy pressure, Lemonade CFO Timothy Bixby has said.

Following Lemonade’s April announcement detailing an entrance into the auto market in the coming months, he said: “There are a number of dynamics that are changing in the auto sector.

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