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Re:Show HN: Lemonade – the world's first P2P insurance company by insurance_gal on Thursday September 22, 2016 @11:56AM (#12557754)
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.

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