Lemonade targets long-term loss ratio under 75% as rate filings rise: CFO Bixby
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Lemonade targets long-term loss ratio under 75% as rate filings rise: CFO Bixby

Jairo Ibarra
February 23, 2023
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Lemonade CFO Tim Bixby said the personal lines InsurTech is targeting a loss ratio under 75% in the long term, as the company diversifies its portfolio and pivots away from a monoline strategy.

The commentary comes after the InsurTech posted yesterday a Q4 89% gross loss ratio and 97% net loss ratio, down from 94% and 98% in Q4 2021, respectively.

On

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Jairo Ibarra
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