Lemonade nears profitability target as Q1 growth accelerates


Lemonade Car logged its fastest growth yet, with IFP up 60% from 9% a year earlier, alongside a 74% gross loss ratio. Colorado, launched in 2025, became the fourth-largest state by Car IFP share, and the autonomous Car product converted new customers at rates roughly 70% higher than the non-autonomous version.



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