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insurance_gal

1 karma · joined September 22, 2016

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insurance_gal··on Show HN: Lemonade – the world's first P2P insurance company
https://news.ycombinator.com/item?id=12557754

50% Loss ratio

insurance_gal··on Show HN: Lemonade – the world's first P2P insurance company
If anyone wants to see exactly what goes into an insurance product, it's public info (including loss ratios.)

In this case, you can look up the public filing at https://filingaccess.serff.com/sfa/home/NY (search for Lemonade as the company)

or here is a public dropbox folder. https://www.dropbox.com/sh/dc6daybikir92l1/AAAWWT6J0DfsPG7nA... of it

Expected Loss ratio is 50%.

Pricing structure is pretty standard.