Lemonade - FinTecBuzz

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FinTecBuzz

by BusinessWire

Insurance leader Lemonade To Acquire Metromile

Insurance leader Lemonade To Acquire Metromile

November 9, 20215 min

Lemonade (NYSE: LMND) the insurance company powered by AI and social good, and Metromile (NASDAQ: MILE, MILEW), the data science company focused on auto insurance, have entered into a definitive agreement pursuant to which Lemonade will acquire Metromile in an all-stock transaction that implies a fully diluted equity value of approximately $500 million, or just over $200 million net of cash. Under the terms of the transaction, Metromile shareholders will receive Lemonade common shares at a...

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by BusinessWire

Lemonade Names Irina Novoselsky and Silvija Martincevic to Its BOD

Lemonade Names Irina Novoselsky and Silvija Martincevic to Its BOD

April 22, 20215 min

Lemonade, the insurance company powered by artificial intelligence and behavioral economics, announced it has elected two new members to its board of directors, Irina Novoselsky and Silvija Martincevic, effective immediately. Irina Novoselsky is a seasoned technology executive, with a strong record of driving growth and operational efficiency for complex, global organizations. She is currently the Chief Executive Officer and member of the Board of CareerBuilder, a global talent acquisition media and SaaS business. Previously she...

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by BusinessWire

Insurance Company, Lemonade Launches in France

Insurance Company, Lemonade Launches in France

December 8, 20205 min

The global insurance company enters its third European country, offering French consumers the ability to instantly protect their homes and belongings.

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