Metromile

Lemonade Announces Filing of Form S-3 Shelf Registration Statement

Retrieved on: 
Donnerstag, November 9, 2023

The Shelf Registration would also permit the Company to offer and sell its common stock, preferred stock, debt securities, warrants, purchase contracts and units, from time to time, subject to market conditions and the Company’s capital needs.

Key Points: 
  • The Shelf Registration would also permit the Company to offer and sell its common stock, preferred stock, debt securities, warrants, purchase contracts and units, from time to time, subject to market conditions and the Company’s capital needs.
  • The Company has no immediate plans to offer or sell any securities under this Shelf Registration to the public.
  • A Certified B-Corp, Lemonade gives unused premiums to nonprofits selected by its community, during its annual Giveback.
  • Lemonade is currently available in the United States, Germany, the Netherlands, France, and the UK, and continues to expand globally.

State Farm #1 for Affordability: Lowest Car Insurance Rates in 29 States

Retrieved on: 
Mittwoch, November 29, 2023

TAMPA, Fla., Nov. 29, 2023 /PRNewswire/ -- Clearsurance.com recently published a report on the cheapest car insurance companies in the U.S. State Farm received the designation of cheapest insurance provider overall.

Key Points: 
  • TAMPA, Fla., Nov. 29, 2023 /PRNewswire/ -- Clearsurance.com recently published a report on the cheapest car insurance companies in the U.S. State Farm received the designation of cheapest insurance provider overall.
  • State Farm is the largest insurance provider, writing insurance policies in every state.
  • Other insurance providers may be cheaper in some states, but none come close to being the most affordable in 29 states, like State Farm.
  • Melanie Musson, a nationally recognized insurance expert with Clearsurance.com , explains, "The best insurance provider depends on each individual's needs and demographics.

Settlement Administrator Angeion Group Announces Proposed Settlement In Metromile Data Incident Class Action

Retrieved on: 
Freitag, September 22, 2023

 PHILADELPHIA, Sept. 22, 2023 /PRNewswire/ -- Metromile, LLC (formerly, Metromile, Inc.) ("Defendant") has agreed to settle a class action lawsuit brought against them by Lowell Parker, individually and on behalf of all others similarly situated, who alleges that from July 2020 through January 2021, hackers obtained information from Defendant including the personally identifiable information ("PII") of over one hundred thousand consumers, including their driver's license numbers.

Key Points: 
  • The Settlement Class includes all residents of the United States whose information may have been affected by the Data Incident.
  • Metromile, LLC will pay $775,000 into a Settlement Fund, subject to final approval of the settlement by the Court and certain other conditions specified in the Settlement Agreement.
  • All Settlement Class Members will be provided access to Experian's "Credit Plus" Credit Monitoring Services for a period of 24 months.
  • The settlement will also provide cash payments to Settlement Class Members who submit valid claims.

United States Insurance Distribution Technology Market Report 2023-2028: From Mobile Apps to Blockchain - Unraveling the Trends Shaping the Multi-Billion Industry - ResearchAndMarkets.com

Retrieved on: 
Montag, September 11, 2023

On the other hand, the US insurance distribution technology market in 2022 was valued at US$17.61 billion.

Key Points: 
  • On the other hand, the US insurance distribution technology market in 2022 was valued at US$17.61 billion.
  • Whereas, the US insurance distribution technology market would grow at a CAGR of 15.91% during the forecast period of 2023-2028.
  • The US Insurance Distribution Technology Market Dynamics:
    One of the most important factors impacting insurance distribution technology market dynamics is the increasing use of mobile technology and applications.
  • Insurance distribution technology firm's ability to promote insurance industry innovation by generating new products would aid insurance companies in meeting the changing needs of their customers.

United States Insurance Distribution Technology Market Analysis Report 2023-2028: A Fragmented Market Amidst Growing Demand for Life and Non-Life Insurance Sectors

Retrieved on: 
Freitag, September 1, 2023

Whereas, the US insurance distribution technology market would grow at a CAGR of 15.91% during the forecast period of 2023-2028.

Key Points: 
  • Whereas, the US insurance distribution technology market would grow at a CAGR of 15.91% during the forecast period of 2023-2028.
  • The US insurance distribution market has been analyzed based on the following applications: Property and Casualty (P&C), Health, and Life.
  • The US Insurance Distribution Technology Market Dynamics:
    One of the most important factors impacting insurance distribution technology market dynamics is the increasing use of mobile technology and applications.
  • Impact Analysis of COVID-19 and Way Forward:
    The US insurance distribution technology market growth was positively influenced by the COVID-19 pandemic.

Mobil 1™ Encourages Drivers to ‘Break Free’ in New Campaign Celebrating the Love of Driving

Retrieved on: 
Montag, Juli 10, 2023

“We dedicate this campaign to our most loyal Mobil 1 consumers,” explains Bryce Huschka, Consumer Marketing Manager, on behalf of Mobil 1.

Key Points: 
  • “We dedicate this campaign to our most loyal Mobil 1 consumers,” explains Bryce Huschka, Consumer Marketing Manager, on behalf of Mobil 1.
  • “For nearly 50 years, we’ve been talking about our incredible technology advancements, such as longer drain intervals and fuel economy savings.
  • The centerpiece of the launch is a film that makes visible the invisible threads that keep us all overconnected.
  • “Our new brand platform will be an umbrella for everything we do going forward with our products, partners and driving experiences for consumers,” adds Huschka.

Lemonade Announces Successful Renewal of Reinsurance Program

Retrieved on: 
Donnerstag, Juni 22, 2023

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, announced that its reinsurance program has been renewed in good time and on good terms.

Key Points: 
  • Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, announced that its reinsurance program has been renewed in good time and on good terms.
  • The Lemonade program is led by the same tier-one carriers as the expiring and was oversubscribed on all dimensions.
  • The centerpiece of the program is 55% quota share protection, the same level as the expiring coverage.
  • The program covers all Lemonade businesses globally, now also including Metromile, acquired by Lemonade in 2022.

Harvest Venture Builder Expands Leadership Team With The Launch Of Its New Climate And Energy AI Vertical

Retrieved on: 
Dienstag, Juni 20, 2023

Harvest Venture Builders , a not-for-profit early-stage venture studio, is proud to announce the launch of its new global climate and energy vertical, and expansion of its leadership team with proven energy and AI technology experts.

Key Points: 
  • Harvest Venture Builders , a not-for-profit early-stage venture studio, is proud to announce the launch of its new global climate and energy vertical, and expansion of its leadership team with proven energy and AI technology experts.
  • This ecosystem will provide the framework for Calgary, Alberta, a world leader in energy technology, to emerge as the global hub for Energy AI.
  • Leading this new vertical are Dan Chapman, Head of Climate and Energy, and Tevi Legge, Head of Innovation.
  • Further supporting the climate and energy vertical, Harvest is welcoming three leading industry minds across AI and energy.

Shaun Clowes Appointed Chief Product Officer of Confluent

Retrieved on: 
Dienstag, Dezember 13, 2022

Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced the appointment of Shaun Clowes as Chief Product Officer (CPO).

Key Points: 
  • Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced the appointment of Shaun Clowes as Chief Product Officer (CPO).
  • As Chief Product Officer, Shaun will lead the strategy and execution of all product-related activities within Confluent, including product innovation and the product roadmap.
  • Shaun joins Confluent from Mulesoft, where he served as CPO, and before that, Atlassian where he served as the Head of Growth.
  • While at Mulesoft, Shaun led the companys product organization and has spent the past 20+ years leading product teams at organizations like Atlassian, Metromile, and Integrated Research.

Lemonade To Hold Investor Day On Tuesday, November 15

Retrieved on: 
Mittwoch, November 9, 2022

Lemonade, Inc. (NYSE: LMND) will hold an in-person Investor Day on Tuesday, November 15, 2022 in New York City.

Key Points: 
  • Lemonade, Inc. (NYSE: LMND) will hold an in-person Investor Day on Tuesday, November 15, 2022 in New York City.
  • A live webcast of the event will be available on the Lemonade Investor Relations website, investor.lemonade.com .
  • If you are interested in attending or have questions to submit, please email Lemonades Investor Relations team: [email protected]
    Lemonade offers renters, homeowners, car, pet, and life insurance.
  • Lemonade is currently available in the United States, Germany, the Netherlands, France, and the UK, and continues to expand globally.