Lemonade-Metromile: Clever deal-making
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Lemonade-Metromile: Clever deal-making

Adam McNestrie
November 11, 2021
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Lemonade announced earlier this week it had struck an all-paper deal to acquire Metromile for $500mn, as the first of the public Class of 2020 InsurTechs bit the dust following a brutal year of trading.

It is easy enough to throw rocks at the deal, with Metromile a low quality franchise on the road to nowhere and Lemonade wheeling out its trademark rhetorical pyrotechnics.

It

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InsurTech Lemonade Metromile M&A Opinion
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Adam McNestrie
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