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MarketBeat
MarketBeat
Business
Peter Frank

Does Lemonade’s Growth Signal Profits Ahead?

Lemonade (NYSE: LMND) has always had an audacious idea.

The insurer would rebuild insurance using artificial intelligence and behavioral economics to streamline buying policies and filing claims, replace brokers with bots, and pay claims in seconds. For years, non-believers dismissed it as a cash-burning app dressed up as an insurer.

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