Metromile Q2 results ‘not acceptable to us’: CEO Preston
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Metromile Q2 results ‘not acceptable to us’: CEO Preston

Jairo Ibarra
August 10, 2021
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Insurtech Metromile felt the heat during the second quarter of the year as driving returns to nearly pre-pandemic levels, fueling higher claims throughout the industry.

During Q2 earnings call with analysts, Metromile executives explained that their financial results during the quarter were hit by higher claims severity, which have increased due to inflation in physical damage claims.

Furthermore,

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NewsInsurTechMetromile
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Jairo Ibarra
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