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Posted by
Two Blokes May 5 -
Filed in
Stock
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Lemonade, an AI-driven property/casualty insurer, offers renters, homeowners, auto, pet, and term life insurance, aiming for 30%+ growth in revenues and in-force premiums. Despite recent stock price declines and analyst skepticism, Lemonade's AI and automation focus position it to improve profitability and cash flow, making it a contrarian buy. Lemonade's success hinges on its auto insurance market entry, leveraging telematics and cross-selling to younger, tech-savvy consumers, with significant growth potential.
