trending Market Intelligence /marketintelligence/en/news-insights/trending/45guGmG3pNC4gHlNlBRCyw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Lemonade Insurance discloses annual revenue run rate of $1M in '16

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report


Fintech Funding Flows To Insurtech In February

Lemonade Growing Premiums Faster Than Esurance's Homeowners Business Did

Lemonade Insurance discloses annual revenue run rate of $1M in '16

Lemonade Insurance Co. secured $60 million in financing as of the end of 2016, according to a post on the company's website.

By the year's end, the company covered 1,212 homes in New York, which translates to $186,389 of premium and an annual run rate of over $1 million, the company said.

Lemonade had about $52 million in its corporate bank accounts, including surplus, in December 2016. It handled six claims in 2016 and paid out $4,589 to its customers.

About 87% of the company's customers were first-time home insurance buyers. Of the customers who switched to Lemonade from another carrier, 21% came from Allstate, 18% switched from State Farm, 15% switched from Travelers, and 13% switched from each of Assurant and Liberty Mutual.

The company also said the average premium for a Lemonade policy was $165.50 for renters and homeowners. Homeowners policies make up about 50% of Lemonade's revenue, the company said.