Lemonade share price soars as execs see return to 25% growth in 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Lemonade share price soars as execs see return to 25% growth in 2024

lemonade logo car green.jpg

Lemonade’s share price soared over 30% on Thursday following improved Q3 results and commentary that the InsurTech will return to its long-term growth rate target of around 25% in 2024.

In comparison, the company posted mid- to upper teen growth rates this year, “by choice, by design”, through the amount of growth spend it deployed, said CFO Tim Bixby.

“We

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article