April 14, 2024


General will live on forever

Lemonade To Announce Fourth Quarter and Comprehensive 12 months 2020 Financial Effects

NEW YORK–(Business WIRE)–Lemonade, Inc. (NYSE: LMND) nowadays introduced it will launch its fourth quarter and entire year 2020 economical effects on Monday, March 1, 2021 after market place close. Lemonade will host a convention contact the following day, Tuesday, March 2, at 8:00 a.m. Japanese time (5:00 a.m. Pacific time) to focus on the effects.

To register for this convention contact (Convention ID 10152291), you should use this link. Registrants will receive confirmation which incorporates dial-in specifics. Registrants might also dial in, toll-no cost, at 1-866-270-1533, or internationally 1-412-317-0797.

A stay webcast of the meeting simply call will be obtainable on the Lemonade Trader Relations website, trader.lemonade.com. Adhering to the completion of the call, a replay will also be designed out there at investor.lemonade.com.

About Lemonade

Lemonade delivers renters, householders, pet well being, and life insurance policy in the United States, contents and legal responsibility insurance policies in Germany and the Netherlands, and renters coverage in France, via its comprehensive-stack insurance plan carriers. Powered by artificial intelligence and behavioral economics, Lemonade established out to replace brokers and forms with bots and device discovering, aiming for zero paperwork and immediate anything. A Accredited B-Corp, Lemonade gives unused premiums to nonprofits picked by its community, through its once-a-year Giveback. Lemonade is currently accessible for most of the United States, Germany, the Netherlands, and France, and carries on to extend globally.

Abide by @lemonade_inc on Twitter for updates.

Ahead-Looking Statements

This press launch incorporates forward-wanting statements inside the indicating of the Personal Securities Litigation Reform Act of 1995. All statements contained in this push launch that do not relate to matters of historical point ought to be viewed as forward-wanting statements. These statements are neither claims nor guarantees, but require recognised and unidentified hazards, uncertainties and other crucial components that may bring about our genuine outcomes, overall performance or achievements to be materially diverse from any future benefits, functionality or achievements expressed or implied by the forward-seeking statements, including, but not restricted to, the next: our history of losses and the reality that we may not realize or manage profitability in the long run our skill to keep and develop our shopper foundation the reality that the “Lemonade” brand name could not grow to be as widely recognised as incumbents’ brands or the manufacturer could develop into tarnished the denial of claims or our failure to correctly and well timed pay back statements our ability to attain bigger benefit from every single person the novelty of our enterprise model and its unpredictable efficacy and susceptibility to unintended consequences the likelihood that we could be pressured to modify or eliminate our Giveback, which could undermine our business product the effects of exams by our main point out insurance plan regulator that could outcome in adverse examinations conclusions and necessitate remedial actions or give increase to regulatory orders necessitating remedial, injunctive, or other corrective motion our restricted functioning heritage our means to take care of our advancement correctly the impact of intense level of competition in the segments of the insurance policy market in which we function on our capability to attain or raise profitability the unavailability of reinsurance at present-day ranges and costs, which could limit our skill to compose new business enterprise our potential to renew reinsurance contracts on similar length and phrases to people at present in influence our exposure to counterparty pitfalls as a consequence of reinsurance the decline of own purchaser details, injury to our standing and manufacturer, or hurt to our business enterprise and running results as a result of stability incidents or genuine or perceived problems, failures or bugs in our units, web-site or application our precise or perceived failure to defend buyer information and other info, respect customers’ privacy, or comply with data privacy and stability legal guidelines and polices our ability to comply with substantial insurance plan sector rules and the have to have to incur additional expenses or devote further means to comply with modifications to current laws our exposure to additional regulatory prerequisites specific to other vertical markets that we enter or have entered, including vehicle, pet and daily life coverage, and the want to commit further resources to comply with these rules and our lack of ability to forecast the lasting impacts of COVID-19 to our enterprise in unique, and the world wide financial state usually. These and other crucial things, talked over beneath the caption “Risk Factors” in our Quarterly Report on Form 10-Q for the interval finished September 30, 2020 and our other filings with the Securities and Trade Commission, could bring about true success to differ materially from all those indicated by the forward-wanting statements created in this push launch. Any such forward-wanting statements depict management’s beliefs as of the date of this push release. When we may possibly elect to update this kind of forward-seeking statements at some issue in the long run, we disclaim any obligation to do so, even if subsequent events lead to our views to adjust.