$LMND

$LMND's AI edge is real. So many companies love to argue that they do AI better than the competition. Most of the time, evidence is scarce or non-existent. In this case, it's clear. Let's review: 1) Loss Adjustment Expense ratio (cost to handle claims) far better than giant incumbents despite their economies of scale advantage. That lead is growing. 2) Hiking pet premiums at half the sector rate & still outperforming the industry on loss ratios. That's despite a higher new business penalty from faster growth. 3) Strong multi-year loss ratio trends overall. Sharp underwriting enabling granular understanding of customers & actually knowing who to profitably offer lower premiums to. One thing to say it. Another to deliver data that shows it. 4) Lack of headcount growth for 3 years whi