Zach

all finance talk

lemonade to 500

[Zach @alphanopoly]

You're right on State Farm, but I think industry wide is not close. It's also optional with State Farm (nobody I know including myself when I used them had this turned on). Is interesting to think about this long term from the lemonade side, with their tech stack/expenses & headcount without brokers on top of continuous telematics

[Zach @alphanopoly]

Continuous telematics is a big differentiator. Progressive has around 15% policies on continuous telematics while lemonade has over 90% and progressive is the darling in the insurance space due to their snapshot policy pricing.

Industry standard continuous telematics is under 5% if I'm not mistaken where lemonade is over 90%. This is a massive advantage to risk pricing.

[grant @grantbelden]

Cybercab event livestream: https://t.co/uuYTIJNNiM

[Zach @alphanopoly]

@farzyness

[Zach @alphanopoly]

@AverageDude37 Oh I wanna see this

[Zach @alphanopoly]

The year of expansion baby

THE YEAR OF EXPANSION

ARE YOU FIRED UP

I AM

[Zach @alphanopoly]

@shai_wininger @Lemonade_Inc @Tesla Shai! Can we roll this out to Ohio soon??

[Zach @alphanopoly]

@shankky_ Love it

[Zach @alphanopoly]

@ValerijDaniloff This is a big part of the story, will decrease significantly more over time

[Zach @alphanopoly]

@OGCapital25 Opex-growth spend will not grow 15% YOY next year when we comp to Q2.

[Zach @alphanopoly]

@PaperBagInvest @daschreiber Let's go!!

[Zach @alphanopoly]

@ValerijDaniloff 🤣😂😂😂🫵🏻🫵🏻🫵🏻

[Zach @alphanopoly]

@AndersReiche 🤝

[Bryan Johnson @bryan_johnson]

never waste a good crisis

[Zach @alphanopoly]

@PaperBagInvest I have a suspicion this won't take as long as some think. sometimes we over estimate what can be done in a year but under estimate what could be done in 5-10 years

[Zach @alphanopoly]

I don't drive $TSLA

[A @A_cuevas435]

As a man why are you driving a Tesla

[BigV🚀 @ValerijDaniloff]

@shai_wininger @Lemonade_Inc This pace is insane!

[Dovy🔌 @DovySimuMMA]

2-3 years Dagestan

[Shai Wininger @shai_wininger]

Lemonade’s Q1 results are 🔥. So much to share, where do I start?

First, get into the AI mood, click this, + volume ⏫
https://t.co/IDPCvrTHge (by @kidfrancescoli)

🚀10th consecutive quarter of accelerating IFP growth
🔥 Topline at $1.33 Billion (IFP +32%)
🔥 Revenue grew 71% to $258M
🔥 Gross Profit increased 159% to $100M
🔥 3.14M Customers
🔥 Adj. Free Cash Flow $17M

Lemonade Pet exploding!
✅ Surpassed $500M top line early in Q2
✅ #1 most searched pet insurance brand in the U.S.
✅ @lemonade_inc is now the 4th largest pet carrier in the U.S.
✅ AI-powered automation drives record claim handling efficiency (LAE: ~4%)
✅ Our data + tech edge lets us lower prices while boosting profitability

Car picking up speed
✅ Now at 60% YoY growth, $214M IFP
✅ Loss ratio improved to 74% (14 pts better YoY)
✅ Autonomous Car for @Tesla FSD conversion rate 70% higher than standard

And more...
↗️ Raising 2026 top & bottom line guidance
↗️ IFP per employee > $1M (3x improvement in 4 years)
↗️ Positive Adj. EBITDA in Q4
↗️ Investor Day in NYC November 17