Insurer Lemonade Seeks to Raise $286 Million in IPO

Lemonade | June 25, 2020

Insurance startup Lemonade Inc., which is backed by SoftBank Group Corp., said on Thursday it was looking to raise up to $286 million in its U.S. initial public offering (IPO), as the IPO market gains momentum after COVID-19 put many debuts on hold.
Lemonade’s public listing comes amid a strong appetite for new stock offerings, especially those with an online-focused business against the backdrop of the pandemic.

Spotlight

One of the most paper intensive industries is insurance industry. There are endless forms to fill, copies of proofs to be preserved, and claims to deal with on regular basis. Under the circumstances, using simple word processors, insecure repository and emails or not adopting a streamlined process of document management can have serious negative consequences.

Spotlight

One of the most paper intensive industries is insurance industry. There are endless forms to fill, copies of proofs to be preserved, and claims to deal with on regular basis. Under the circumstances, using simple word processors, insecure repository and emails or not adopting a streamlined process of document management can have serious negative consequences.

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CORE INSURANCE, COMPLIANCE

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PRnewswire | April 21, 2023

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WORKERS COMPENSATION, INSURANCE TECHNOLOGY

NEXT Insurance and Gusto Expand Partnership to Modernize Embedded Payroll Experience

PRnewswire | June 08, 2023

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CORE INSURANCE, INSURANCE TECHNOLOGY

VP Custom Insurance Solutions Selects Applied to Fuel Growth

Globenewswire | May 22, 2023

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