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home / news releases / LMND - Metromile: Promising Small-Cap Insurance Innovator

LMND - Metromile: Promising Small-Cap Insurance Innovator

Lemonade Inc.
  • Shares of Metromile have collapsed by nearly half since the company's SPAC debut earlier this year.
  • Metromile is a well-recognized car insurance vendor that has made a name for itself by offering per-mile-driven insurance plans.
  • Car insurance is a heavily fragmented industry that is ripe for new, tech-emboldened entrants.
  • The company's loss ratio has been improving over time with scale, which distinguishes it from other new insurance players like Lemonade.

For further details see:

Metromile: Promising Small-Cap Insurance Innovator
Stock Information
Company Name: Lemonade Inc.
Stock Symbol: LMND
Market: NYSE
Website: lemonade.com
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