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...


Receive emails featuring AM Best's news and research

Mergers And Acquisitions Insurtech Automobile Insurers Property And Casualty Insurers

Latest News

More from Best’s News