Lemonade Completes Acquisition of Metromile

2023 insurance M&As lowest in a decade

Lemonade, the insurance company powered by AI and social impact, today announced the closing of the acquisition of car insurance provider Metromile. Metromile shareholders received 7.3 million LMND shares, while Lemonade received a business with over $155m in cash, over $110m in premiums, an insurance entity licensed in 49 states, and a team unsurpassed in… Continue reading Lemonade Completes Acquisition of Metromile