Lemonade
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Full-stack carriers fail to outclass incumbents with no clear platform differentiation. -
The gross loss ratio for the homeowners InsurTech fell by 12 points last quarter.
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The company reduced its proportional quota share program from 55% to 20% cession.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The company said the reduction was due to years of steady improvements.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The insurer has been focused on growing products with lower cat exposure such as pet and renter’s insurance.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The carrier is looking to grow products with lower cat exposure such as renters and pet insurance.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The program is led by the same carriers as the expiring treaty.
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