Lemonade Sees AI Drive Efficiency as Insurance Goes Digital-First
PYMNTS.com - 2024-05-01T22:27:42.000Z

Digital insurance platform Lemonade said its AI investments continue to bear fruit. The company’s latest shareholder letter — while reporting a 25% increase in total revenues and a $47 million net loss, an improvement of 28% — also examines the way artificial intelligence (AI) and automation technology has impacted its loss adjustment expense (LAE) ratio. As co-founder Shai Winiger […]

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AI Solutions for P&C Insurance Industry Drive Growth at CCC

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Man Arrested After Admitting He Goes to Starbucks Drive-Thru Naked to See the 'Pretty Girls'