Best's News


Best’s News & Research Service subscription required - July 29, 2022 02:24 PM (EDT)

Lemonade Lays Off 20% of Workforce as it Completes $145 Million All-Stock Metromile Acquisition

Lemonade Inc. has laid off 20% of its workforce as it completed its acquisition of fellow insurtech Metromile for less than $145 million in an all-stock deal. . . .

-- This content requires a subscription --

Already a Subscriber?

Log in  Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

  • BestDay
  • Best's News
  • Best's Review
  • Best's Research
  • Best's Special Reports & Commentaries
  • Best's Rankings
  • and more...

Subscribe

Receive emails featuring AM Best's news and research
Opt-in

Mergers And Acquisitions Insurtech Automobile Insurers Property And Casualty Insurers


Latest News

CAPTIVE INSURERS
Zurich Captives Group Head: European Regulatory Changes Spark New Interest in Captive Insurance
Dec 26, 2024 02:55 PM (EST)
ASSET MIX
Japan's MS&AD Accepts Government-Backed Asset Owner Principles
Dec 26, 2024 12:19 PM (EST)
CATASTROPHES
New Zealand Landslide Claims Rose 10-Fold Over Past Three Years
Dec 26, 2024 11:19 AM (EST)
DIVESTITURES
Generali Closes on Insurer Sale in Turkey
Dec 26, 2024 10:10 AM (EST)
ARTIFICIAL INTELLIGENCE
Atradius Exec: 'Black Box' Concerns Slow AI Adoption in Insurance Sector
Dec 24, 2024 12:50 PM (EST)

More from Best’s News


Trending

AM Best TV

More Related Company News

Submit News
To Submit News go to - https://www.ambest.com/bestweek/submitnews.html