Lemonade Announces Third Quarter 2021 Financial Results

NEW YORK, November 09, 2021–(Business enterprise WIRE)–Lemonade, Inc. (NYSE: LMND) has introduced its 3rd quarter 2021 fiscal benefits by putting up them to its website. Remember to see the Q3 2021 money benefits in the Letter to Shareholders on the company’s trader relations web page.

On Tuesday, November 9, 2021, Lemonade will host a convention call at 8:00 a.m. Japanese time (5:00 a.m. Pacific time) to discuss the outcomes.

To register for this conference phone (Meeting ID 10160153), be sure to use this backlink. Registrants will get confirmation with dial-in details. Registrants may perhaps also dial in, toll-cost-free, at 1-844-850-0549. The simply call can also be accessed via webcast, making use of this website link.

A reside webcast of the meeting contact will be accessible on the Lemonade Investor Relations web-site, investor.lemonade.com. Subsequent the completion of the connect with, a replay will also be manufactured readily available at trader.lemonade.com.

About Lemonade

Lemonade presents renters, homeowners, vehicle, pet, and existence insurance. Powered by synthetic intelligence and behavioral economics, Lemonade’s full stack coverage carriers in the US and the EU change brokers and paperwork with bots and machine discovering, aiming for zero paperwork and quick anything. A Qualified B-Corp, Lemonade provides unused rates to nonprofits selected by its community, all through its yearly Giveback. Lemonade is now obtainable in the United States, Germany, the Netherlands, and France, and proceeds to extend globally.

Comply with @lemonade_inc on Twitter for updates.

Ahead-Looking Statements

This press release includes forward-seeking statements within just the that means of the Personal Securities Litigation Reform Act of 1995. All statements contained in this press launch that do not relate to issues of historic actuality ought to be thought of ahead-searching statements. These statements are neither promises nor assures, but entail acknowledged and unidentified hazards, uncertainties and other crucial aspects that may result in our genuine benefits, efficiency or achievements to be materially unique from any future final results, overall performance or achievements expressed or implied by the forward-wanting statements, including, but not constrained to, the next: our background of losses and the truth that we may well not attain or maintain profitability in the foreseeable future our skill to keep and increase our consumer base the reality that the “Lemonade” manufacturer may possibly not develop into as broadly acknowledged as incumbents’ models or the brand name may perhaps turn into tarnished the denial of promises or our failure to accurately and timely pay out promises our potential to achieve better benefit from each individual person the novelty of our enterprise design and its unpredictable efficacy and susceptibility to unintended repercussions the likelihood that we could be compelled to modify or eradicate our Giveback, which could undermine our enterprise product the final results of examinations by our principal state insurance policies regulator that could final result in adverse examinations results and necessitate remedial steps or give rise to regulatory orders requiring remedial, injunctive, or other corrective motion our constrained working record our potential to regulate our development properly the impact of extreme opposition in the segments of the insurance plan sector in which we run on our potential to attain or maximize profitability the unavailability of reinsurance at present-day stages and rates, which could limit our capacity to compose new small business our capability to renew reinsurance contracts on comparable period and phrases to people currently in result our publicity to counterparty risks as a end result of reinsurance the reduction of individual buyer details, problems to our standing and model, or damage to our small business and functioning benefits as a consequence of stability incidents or real or perceived mistakes, failures or bugs in our systems, web page or application our actual or perceived failure to protect purchaser information and other information, regard customers’ privacy, or comply with info privateness and protection rules and rules our potential to comply with substantial insurance coverage industry polices and the require to incur additional prices or dedicate added sources to comply with changes to current rules our exposure to supplemental regulatory necessities distinct to other vertical marketplaces that we enter or have entered, such as car, pet and lifetime insurance policy, and the require to dedicate further methods to comply with these rules and our incapability to forecast the lasting impacts of COVID-19 to our company in distinct, and the world-wide overall economy typically. These and other critical aspects, talked about below the caption “Hazard Things” in our Annual Report on Form 10-K for the period of time ended December 30, 2020 and our other filings with the Securities and Exchange Fee could trigger real final results to vary materially from these indicated by the ahead-hunting statements produced in this press release. Any these kinds of ahead-seeking statements depict management’s beliefs as of the date of this press release. Even though we may well elect to update such ahead-searching statements at some place in the long run, we disclaim any obligation to do so, even if subsequent situations trigger our sights to transform.

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Natalie Gerke
[email protected]

By Anisa