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Metromile to add 3-5 points to Lemonade LR in next quarters: Schreiber

Lemonade Metromile logos boardroom.jpg

Lemonade co-CEO Daniel Schreiber has said that “a few bumps along the way” could impact his company’s loss ratio, and he expects that the recently completed acquisition of InsurTech Metromile will add between three to five points to Lemonade’s loss ratio in the next few quarters.