TLDR
At 8am eastern standard time, Lemonade went public on July 2nd, 2020. Lemonade’s IPO represents the first time a new, tech-backed, venture-funded insurance carrier has become a publicly-traded company. The success of Lemonade, and Hippo, another insurtech startup, which plans to file for IPO in 2021, has created a gold rush for new personal-lines focused insurtech startups seeking to capitalize on the opportunity. Commercial insurtech will be one of the first to bounce back after COVID-19.via the TL;DR App
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Written by colby-tunick | CEO @Refocus AI.
When not building AI, enjoys mountain biking and a good book.
